U.S. stock index futures early Tuesday suggested traders would trim a portion of the previous sessions strong gains as a profit warning from Samsung Electronics weighed on the technology sector.
Samsung posted worse-than-expected numbers in its latest quarter as chip sales remained subdued though analysts expect a significant rebound this year. The Korean mobile phone and electricals group re
"Bad yields can turn into really bad earnings results," said Cory Johnson, chief market strategist at technology research and advisory firm The Futurum Group.
Samsung Electronics Co.. South Korea's largest company, posted its sixth straight quarter of declining operating profit.
The South Korean tech giant expects fourth-quarter operating profit to fall 35%, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business.
Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023.
Samsung Electronics Co Ltd reported a likely 35% drop in fourth-quarter operating profit on Tuesday, as a rebound in memory chip prices likely shrank losses in the South Korean company's mainstay chip
Qualcomm announced a new chip that will power the Samsung and Google headset.
Qualcomm on Thursday said Samsung Electronics and Alphabet's Google plan to use a new computing chip it designed to power mixed and virtual reality headsets.
When Samsung debuts its new smartphone, artificial intelligence will play a starring role. The company, which makes more smartphones than any other firm, announced Tuesday (Jan. 2) it will introduce i
Samsung Electronics (KRX:005930) has promised that its soon-to-be-released Samsung Galaxy S24 range of mobile phones will feature artificial intelligence (AI)-powered features in a teaser video promo
Samsung will show off the features of its new AI-powered phone Jan. 17 at its own event.
Last quarter, it became evident to thousands of investors just like you just how bullish Ray Dalio had become on Asian markets. Still, while most thought it was a one-time allocation to gain the prope
Samsung was initially scheduled to begin massively scaling production and manufacturing at its plant in Taylor, Texas, in the second half of 2024.
Samsung (005930.KS) is delaying chip production at its new plant in Texas until 2025, according to Bloomberg and the Seoul Economic Daily. This comes after Taiwan Semiconductor Manufacturing Company (
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