The semiconductor business — typically Samsung's cash cow — is likely to see continued pressure as memory prices and demand for end products remain low.
That’s 80% profit less than the same quarter last year, but still a $1.7 billion profit overall - after accounting for the $2.2 billion loss from their semiconductor arm.
That’s 80% profit less than the same quarter last year, but still a $1.7 billion profit overall - after accounting for the $2.2 billion loss from their semiconductor arm.
Yeah, expressing profit change percentage wise is dumb and prone to jumps if business doesn’t have high margins.
Semiconductor business part is more important here and why I posted this to c/hardware.