Third quarter | Samsung Electronics operating profit drops 31.39%

(SEOUL) Samsung Electronics’ operating profit fell 31.39 percent in the third quarter of 2022 year-on-year as a global economic slowdown dampened demand for consumer electronics, the South Korean group said Thursday. .

Posted at 8:28 p.m.

Profits from its crucial memory chip business also fell, the company said in a statement, adding that “demand for consumer products remained weak.”

More details to come.


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