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Samsung sees 95% drop in profits for a second consecutive quarter (www.androidauthority.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

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[–] Bishma@discuss.tchncs.de 8 points 1 year ago (1 children)

Considering that Samsung is basically the South Korean government this may be worse news than it seems.