Samsung expects Q2 profits to fall by 50%, revenue to dip over KRW 74 trillion
Samsung has projected a 56% fall in profits for Q2 as it struggles to capture the demand for AI. Operating profit for the quarter ending June is expected to be around KRW 4.6 trillion, from YoY KRW 10.44 trillion. The revenue is predicted to dip to KRW 74-trillion, falling short of London Stock Exchange Group's estimates of KRW 75.55 trillion.