Business

Samsung Electronics Shares Fall After Reporting Drop in Profit

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Samsung Electronics Co.’s shares are trading lower. South Korea’s largest company said its quarterly profit tumbled, hurt by a sharp drop in demand for semiconductors. Stephen Engle reports on Bloomberg Television.

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3 Comments

  1. @TuaTagovailoaTouchdowns

    December 27, 2023 at 1:39 pm

    It's been a precipitous fall, a return to the cyclicality of the semiconductor industry.

  2. @movdqa

    December 27, 2023 at 1:39 pm

    This is a grim report.

  3. @chiaweinam

    December 27, 2023 at 1:39 pm

    And continue to listen to US by restricting sales to China.

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