![]() Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account It saw similar results in the second quarter. The firm’s operating profit plummeted 95% in the first quarter, following a record loss in its semiconductor business. Samsung has already been feeling the effects. In major markets like North America, “consumers are hesitant to upgrade their devices,” the firm noted in an August report. Paint Brush Icon found in: Paint Brush Monotone Icon In Powerpoint Pptx Png And Editable Eps Format, Acrylic Paint Brush Monotone Icon In Powerpoint Pptx Png And Editable Eps Format, Powerpoint template and background with 3d. It may appear differently on other platforms. That continues a dreary run for the electronics maker, which has reported major losses in recent months as global economic uncertainty weighs on consumers around the world, leading many people to hold on to their cell phones and laptops longer.Īccording to Counterpoint Research, “2023 is on track to be the worst year for global smartphone shipments in 10 years,” with shipments forecast to decline 6% to fewer than 1.2 billion units. This is how the Paintbrush emoji appears on Samsung One UI 5.0. Revenue was also projected to drop 12.7% from a year ago. That compares with 10.85 trillion won ($8 billion) in the same period last year. The South Korean tech giant released earnings estimates Wednesday, forecasting operating profit of about 2.4 trillion Korean won ($1.8 billion) for the three months ended September. Samsung warned that operating profit in the third quarter likely plunged 78% as it continues to contend with lower than usual demand for consumer devices.
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