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.
Samsung profit outlook falls far short amid chip troubles
Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia.
Live news: Samsung Electronics’ profit outlook falls far short of expectations
Samsung Electronics estimated on Wednesday that its operating profit more than doubled in the fourth quarter from a year earlier but its forecast fell far short of analyst expectations, fuelling concern over its technological competitiveness.
Samsung Expects Further Slowdown in Operating Profit Growth
Samsung Electronics forecast a two-fold increase in its fourth-quarter operating profit, signaling a continued slowdown in earnings growth that analysts largely attributed to weaker-than-expected semiconductor prices.
Samsung Q4 operating profit outlook misses estimates by large margin
Samsung Electronics estimated on Wednesday a 131% jump in fourth-quarter operating profit from a year earlier but missed analyst estimates by a large margin as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia.
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