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Samsung reports Q3 revenue down 12% YoY to $50B, net income down 40% YoY to $4.1B vs. an 86% decline in Q2 2023, and a chip division operating loss


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2023-10-31 02:32:06
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Cybersecurity Business

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Yoolim Lee / Bloomberg:

Samsung reports Q3 revenue down 12% YoY to ~$50B, net income down 40% YoY to ~$4.1B vs. an 86% decline in Q2 2023, and a chip division operating loss of ~$2.78B  —  - Net income was more than twice what analysts estimated  — Mobile panel business had significant increase in profit




Yoolim Lee / Bloomberg:

Samsung reports Q3 revenue down 12% YoY to ~$50B, net income down 40% YoY to ~$4.1B vs. an 86% decline in Q2 2023, and a chip division operating loss of ~$2.78B  —  - Net income was more than twice what analysts estimated  — Mobile panel business had significant increase in profit



Source: TechMeme
Source Link: http://www.techmeme.com/231030/p34#a231030p34


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