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Samsung Q4 profit Outlook misses estimates by large margin
Samsung’s profit estimates disappoint as memory chip struggles persist
Operating profit at the world’s largest maker of memory chips, smartphones and televisions was estimated at Won6.5tn ($4.5bn) in preliminary figures for its October-December quarter, missing the Won7.7tn forecast by analysts according to LSEG SmartEstimate.
Samsung's profit misses estimates after AI chip missteps hurt business
Samsung’s chip division is struggling to regain its pandemic-era heights and risks slipping further behind SK Hynix, which in October posted record profit. Keeping up requires high research and development and capacity expansion costs,
Samsung Q4 profit outlook misses estimates by large margin as chip issues drag
Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia .
Samsung reports preliminary Q4 operating profit KRW6.5T, consensus $9.0T
Reports Q4 revenue KRW75.0T, consensus KRW77.5T. Estimates are according to Bloomberg. The company cites decline in Memory business earnings
TweakTown
4d
NVIDIA and Qualcomm rumored to consider Samsung for 2nm, as TSMC 2nm costs are 'too high'
South Korean outlets report that NVIDIA and Qualcomm are considering switching to Samsung Foundry for 2nm chip production, as ...
Hosted on MSN
2h
Samsung forecasts Q4 earnings to fall well short of expectations
South Korea's Samsung Electronics said on Wednesday it expected fourth-quarter profits to be sharply down compared with the ...
PhoneArena
11d
Samsung Foundry once again loses Snapdragon bid to the obvious choice
Samsung Foundry has once more lost a Qualcomm bid: this time for manufacturing the Snapdragon 8 Elite Gen 2 chipset. The ...
1d
EQS-News: Elmos Semiconductor SE: Expansion of collaboration with foundry partner Samsung Foundry
EQS-News: Elmos Semiconductor SE / Key word (s): Alliance Elmos Semiconductor SE: Expansion of collaboration with foundry partner Samsung Foundry 06.01.2025 / 18:51 CET/CEST The issuer is solely ...
Businessworld
4d
Qualcomm, Nvidia Reportedly Eyeing Samsung Foundry For 2nm Production
Samsung Foundry could secure 2nm chip manufacturing orders from major clients, potentially challenging Taiwan Semiconductor ...
1h
Samsung’s Shares Climb After Nvidia Talk Offsets Profit Miss
Samsung Electronics Co.’s shares rose after Nvidia Corp. founder Jensen Huang expressed confidence in the Korean company’s ...
PhoneArena
7d
Samsung might not be able to avoid price hikes for the Galaxy S25 and Galaxy S26 lines
Pricing for both the Galaxy S25 and Galaxy S26 lines might have to be hiked thanks to issues with Samsung foundry's 3nm yield ...
9d
Samsung loses Qualcomm contract to TSMC for making next-gen Snapdragon chips
Samsung Foundry has once again failed to secure a contract from Qualcomm for the production of its latest flagship mobile ...
7d
Qualcomm Taps TSMC, Samsung Loses Key Contract
Qualcomm shifts key chip production to TSMC, dealing a blow to Samsung's foundry business reshaping the semiconductor ...
Hosted on MSN
1d
Falling DRAM, NAND prices push Samsung’s earnings to new lows
Samsung Electronics is set to release its preliminary fourth-quarter earnings for 2024 on Jan. 8, with analysts predicting a ...
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