Samsung Electronics Q2 profit down nearly 96 pct on-year

Samsung Electronics Q2 profit down nearly 96 pct on-year

This photo, taken July 7, 2023, shows the promotion hall of Samsung Electronics Co., the world's largest maker of computer memory chips and smartphones, at its headquarters in Seoul. Samsung said its second-quarter operating profit likely plunged about 96 percent from a year earlier, as a chip oversupply and slow demand persisted. (Yonhap)

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