Seoul, July 8, 2025 (AFP) - Samsung expects steep drop in operating profits on US chip woes

NAMPA / AFP

2025-07-08

Samsung Electronics said Tuesday it expected its second quarter operating profits to drop 56 percent, blaming US export controls on advanced AI chips to China. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate business in Asia's fourth-largest economy. The tech giant said in a regulatory filing that its April-July operating profits were expected to drop......

Restricted content

Business & Finance News

Seoul, July 8, 2025 (AFP) - Samsung expects steep drop in operating profits on US chip woes

2025-07-08 07:00:12

Washington, July 8, 2025 (AFP) - Trump says new tariff deadline 'not 100 percent firm'

2025-07-08 07:00:08

Tokyo, July 8, 2025 (AFP) - Asia number one target of Trump's tariff letters

2025-07-08 07:00:07

Bangkok, July 8, 2025 (AFP) - Thai acting PM wants 'better deal' than Trump threatened tariff

2025-07-08 06:00:30

Bangkok, July 8, 2025 (AFP) - Thai acting PM says wants 'better deal' than Trump threatened tariff

2025-07-08 05:30:45

2025-07-08 05:30:43

Hong Kong, July 8, 2025 (AFP) - Most markets rise as Trump sends tariff letters, delays deadline

2025-07-08 05:03:46

Dhaka, July 8, 2025 (AFP) - After the revolution, Bangladesh warms to China as India fumes

2025-07-08 04:31:50

Washington, July 8, 2025 (AFP) - Trump says new tariff deadline 'not 100 percent firm'

2025-07-08 04:31:45

Washington, July 8, 2025 (AFP) - Trump says new tariff deadline 'not 100 percent firm'

2025-07-08 03:01:35

Washington, July 7, 2025 (AFP) - Trump unveils first wave of steeper US tariffs, extends deadline

2025-07-08 01:00:14

Latest NAMPA photos

WINDHOEK, 05 July 2025 - Business Summit Namibia founder, Martin Nankela. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 05 July 2025 - FNB Namibia Head of Enterprise Banking, Connie-Marlene Theyse. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 05 July 2025 - FNB Namibia Head of Enterprise Banking, Connie-Marlene Theyse. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 05 June 2025 - South African businesswoman and acclaimed actress, Connie Ferguson. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 05 June 2025 - South African businesswoman and acclaimed actress, Connie Ferguson. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 05 June 2025 - South African businesswoman and acclaimed actress, Connie Ferguson. (Photo by: Eba Kandovazu) NAMPA

NAMPA

ONGWEDIVA, 05 July 2025 - Mobile Telecommunications Limited (MTC) pledged their support for the Ongwediva Trade fair during a gala dinner held on Saturday. (Photo: Contributed)

NAMPA

OMUTHIYA, 05 July 2025 - Local farmers and community members in Omuthiya harvesting potatoes on Saturday. (Photo by: Maria David) NAMPA

NAMPA