Samsung profit slumps

[Hanno Labuschagne]

Samsung profit slumps

Samsung Electronics Co.’s third-quarter profit missed analyst estimates, hurt by a 14% fall in its bread-and-butter chip business as price falls prompt the industry to slash capital spending.

Semiconductor revenue at the world’s largest memory chip maker came to 23 trillion won ($16.1 billion) in the three months ended September, according to a company statement on Thursday, missing the consensus 35 trillion won compiled by Bloomberg.

[Bloomberg]

 

[Dolby]

I think that most tech companies have had a rough time in the past few years

 

[gregmcc]

No great shock. Components are still impossible to get hold of.

 

[Nithan15]

No great shock. Components are still impossible to get hold of.

and the snap dragon mobile chips are out performing the Eynox counterparts