Tuesday, July 30, 2019

Samsung posts Q2 operating profit of ~$5.6B, down 56% YoY, on revenue of ~$47.4B, down 4% YoY, after profits from its chip and mobile businesses declined YoY (Cho Mu-Hyun/ZDNet)

Cho Mu-Hyun / ZDNet:
Samsung posts Q2 operating profit of ~$5.6B, down 56% YoY, on revenue of ~$47.4B, down 4% YoY, after profits from its chip and mobile businesses declined YoY  —  Samsung expects “persistent uncertainties” in the memory business for the remainder of the year but will pursue an aggressive investment plan in the second half.



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