Q2 Earnings

Samsung Sees Best Q2 Profit Since 2018, Led by Server Chip Sales

Samsung on Thursday announced second quarter earnings guidance that analysts said was "better than feared," putting investors at ease about not only the South Korean tech giant but other chipmakers as well — reports CNBC. The company expects to report revenue of 77.78 trillion Korean won ($59.8 billion USD) for Q2, up 22% year-over-year. Samsung expects...

Samsung’s Q2 Profits Miss Estimates, Chinese Competitors Held Responsible

Samsung, the world’s largest manufacturer of smartphones has posted its Q2 profit that missed analyst estimates on competition from Chinese makers and gains in the Korean won, Bloomberg reports. The Korean tech giant has however said that newer products and increasing demand for its displays will boost results in the third quarter. Back in June, Samsung’s Chief...