Items tagged with samsung electronics

Samsung Electronics is a name that many most closely associate with smartphones like the Galaxy Note 10 that has leaked multiple times and the current Galaxy S10e, S10, and S10+. However, Samsung also sells lots of hardware components to device makers, particularly memory chips. Much of the profits the company earns are tied to memory chip sales, and those profits have dropped more than 50%. Memory chip prices have plummeted recently and have taken Samsung's profits along for the ride. Samsung Electronics recently reported its profits for the quarter that ended in June. Samsung says that operating profits from the quarter were 6.6 trillion won, or about $5.6 billion. That is a decline of 55.61%... Read more...