Samsung came out with guidance on future earnings, they have many products, it¡¯s been a tough quarter. ?Apple isn¡¯t alone. ??Technology giant Samsung Electronics says it is likely to see its profits for the last three months of 2023 fall by more than a third.
The decline is much worse than analysts expected and comes as global demand for consumer electronics remains weak.
South Korea-based Samsung is the world's largest maker of memory chips, smartphones and televisions.