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Samsung's preliminary Q4 profit falls far short of estimates
Samsung's preliminary Q4 profit falls far short of estimates as chip issues drag
Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia .
Samsung: Q4 profit to fall short of expectations
Samsung Electronics estimates its 2024 fourth-quarter operating profit will fall well short of market expectations. The South Korean firm blames weak demand for PCs and other mobile products, among other factors.
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 previous quarter, falling short of expectations as the company struggled to meet robust demand for chips used in artificial intelligence servers.
Analytics Insight
19h
Top Tech News: AI Chip Market Struggles Hit Samsung's Q4 Guidance; Superhero Capital Launches Fund for Tech Startups in Finland
Good morning, tech fam; here are some quick tech updates for you to catch on to! What’s New Today: AI Chip Market Struggles ...
Bizcommunity
11h
Samsung’s Q4 guidance casts shadow on its CES 2025 showing
From the Vision Highlight zone, which featured the vast applications of the SmartThings ecosystem, to Harman’s connected ...
1d
Samsung Electronics announces guidance for Q4 2024
The results are higher than Q4 2023 with an increase in sales and operating profit. In October, Samsung posted an impressive ...
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