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Samsung flags big miss in second-quarter profit, blames US AI chip curbs on China

Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak AI chip sales, deepening investor concerns over the tech giant's ability to revive its struggling semiconductor business.

Financial Times · 20h

Samsung profits take big hit from US chip controls and AI memory shortfalls

China export restrictions affect foundry business while Nvidia has yet to approve tech group’s advanced products

CNBC on MSN · 1d

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

According to the smart estimates, Samsung was expected to post an operating profit of 6.26 trillion won ($4.57 billion) for the quarter.

Specs leak for 3 Samsung foldables ahead of Wed.’s Unpacked

Digital Trends · 18m

How to watch Samsung unveil new foldables at Unpacked on Wednesday

Samsung is hosting its Unpacked event in Brooklyn, New York City, on Wednesday July 9 at 10 a.m. ET (7 a.m. PT). You can watch a livestream of the event via the player embedded at the top of this page. Alternatively, head to Samsung’s YouTube page, which will show the same stream.

5 surprise products Samsung may unveil at Unpacked tomorrow - including a tri-foldable phone

Project Moohan, the Galaxy Ring 2, and a tri-fold phone are just a few of the products that may make surprise appearances at Wednesday's keynote.

The Verge on MSN · 1d

Specs leak for three Samsung foldables ahead of Wednesday’s Unpacked

Roland Quandt" data-has-syndication-rights="1" src=" /> With two days until the official launch, more details have leaked about the trio of foldable phones that Samsung is about to reveal. The latest leak details the screens,

2h

Galaxy Buds 3 Pro AI-powered Are Practically Free, Amazon Drops the Price for Prime Day

Samsung has led the perpetual AI earbuds war ahead of Apple and the rest of the pack with its new Galaxy Buds 3 Pro. The ...

How Samsung Galaxy AI makes language translation simpler than ever

With Samsung Galaxy AI, finding out what’s on the menu is as simple as taking a photo. When the S25 camera detects text, it ...

1d

Samsung Electronics second-quarter profit likely to drop 39% on weak AI chip sales

Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by ...

3h

Samsung Galaxy deals are officially live on Prime Day

Amazon Prime Day has officially kicked off as of July 8, and the deals on Samsung Galaxy products are starting off strong.

Samsung Projects 56% Plunge In Profit As Weak AI Chip Sales Deepen Investor Concerns

Samsung Electronics has projected a 56% year-on-year plunge in second-quarter operating profit, far worse than market ...

Manila Standard19h

Samsung launches Vision AI TVs to simplify life at home

Samsung showcased how its all-new Vision AI TVs adapt to different needs at home beyond conventional TV watching. In its ...

5d

Samsung’s AI-powered refrigerator is down $1,870 for July 4th sale

Sometimes we think of the summer as the season of the waterproof Bluetooth speaker, but having a nice cold fridge goes a long ...

Samsung preps One UI 8 security for upcoming AI features

Designed to protect devices while using local AI features, Samsung's One UI 8 security update limits what data apps can and ...

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