Samsung Q1 earnings guidance reveals plummeting profits

07 April 2023
Operating profit will be under KRW 1 trillion - a six-time decline in just three months.

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  • ?
  • Anonymous
  • t7P
  • 08 Apr 2023

-Trix-, 07 Apr 2023You are so ignorant thinking that, in reality hardly no-one... moreRemember when people used to say no removable battery, no buy…

    • M
    • MrGrumpy
    • pwc
    • 08 Apr 2023

    Not surprised Samsung are losing money:

    - same tired old phones year after year
    - ludicrous pricing when everyone is looking to save money
    - no longer making a small compact flaghsip type phone so no USP
    - removing SD card slot, 3.5mm jack, FM radio
    - no more accessories in the box, yet the cost is much higher
    - saturation of the market with pointless phones
    - people less inclined to buy for incremental upgrades
    - reputation for poor Android updates until relatively recently

      • K
      • K
      • D09
      • 08 Apr 2023

      Anonymous, 07 Apr 2023This actually a smart move from samsung. Manipulated lose b... moreWhy are they doing it now and why didn't they do it all these years?

        • ?
        • Anonymous
        • vaS
        • 08 Apr 2023

        Anonymous, 07 Apr 2023Good news ! Next time think several times before you remov... moreI don't think it has anything to do with that, spoken as a fan of those features.

        Modern consumers buy on looks and not features. Then they go and buy a case to cover it lmao.

        Imagine how smaller their profits would be if they made sturdy phones.

          • ?
          • Anonymous
          • S9j
          • 07 Apr 2023

          Good news ! Next time think several times before you
          remove microSD card, 3.5mm jack and FM radio on
          phones and on tablets !

            • ?
            • Anonymous
            • U@6
            • 07 Apr 2023

            Anonymous, 07 Apr 2023Gaming? I spoke about cpu that works without any issues. Wh... moreThis guy hasn't woken from coma since 2017

              Anonymous, 07 Apr 2023This. https://www.statista.com/chart/20095/companies-wit... moreBoth China and South Korea hold 21% each.
              The others are far behind. Also, only HUAWEI, Ericsson, Nokia and ZTE have patents related to base station, others are OpenRAN

                • ?
                • Anonymous
                • Kir
                • 07 Apr 2023

                Txindoki, 07 Apr 2023Please provide evidence (if there is) about this being wro... moreThis.

                https://www.statista.com/chart/20095/companies-with-most-5g-patent-families-and-patent-families-applications/

                  Anonymous, 07 Apr 2023That's what you get for following Apple. Put the headp... moreExactly! Instead of casting aside an entire phone for that 'free storage upgrade', it's more cost-efficient to make it a microSD card and that way, less e-waste of an entire phone and much cheaper considering Samsung manufactures MicroSD cards.

                    • ?
                    • Anonymous
                    • XTA
                    • 07 Apr 2023

                    Anonymous, 07 Apr 2023Read the article to know the reason before embarrassing yourself.yet my ryzen 5600g can run Hogwarts without external gpu 🤭.
                    its cheap best pc ever

                      • ?
                      • Anonymous
                      • fCE
                      • 07 Apr 2023

                      Samsung every year: Wow. This is Awesome. Our latest overpriced phones are selling more than ever. Marvelous

                      After a while: We're running into loses. Again. Pls. Help

                        • ?
                        • Anonymous
                        • sSN
                        • 07 Apr 2023

                        Shahar , 07 Apr 2023Wait didn't you just write about how the s23 sales wen... moreRead the article to know the reason before embarrassing yourself.

                          • ?
                          • Anonymous
                          • 6wN
                          • 07 Apr 2023

                          PhoneFreak45, 07 Apr 2023Both of you don't have a clue. There is no best produc... moreGaming? I spoke about cpu that works without any issues. Which Ryzen fails to do properly. Just install windows 11 and you will see that Ryzen is trash.

                            • Z
                            • Zuzuz
                            • mA{
                            • 07 Apr 2023

                            blue, 07 Apr 2023Nonsense.🤣🤣🤣 you should listen something else than mainstream media

                              Anonymous, 07 Apr 2023yeah no one cares for high performance or best camera. they... moreTrue

                                • v
                                • vexus
                                • sF%
                                • 07 Apr 2023

                                every month claiming s23 outsell s22. With hefty price tag increase in s23 but still announcing losses.
                                probably part of it is their corporate bow to US policymaker in sanctioning China. Resulted suffering losses in other division? Just claim back your losses from USA. hahahahaha

                                  • ?
                                  • Anonymous
                                  • YUU
                                  • 07 Apr 2023

                                  People literally arguing here over some nonsense issues that someone baited them into 🙄🤦🏻‍♂️
                                  You people are funny 🤣🤣

                                    • ?
                                    • Anonymous
                                    • U@6
                                    • 07 Apr 2023

                                    Anonymous, 07 Apr 2023Buy google pixel , it has exynos and always will Google jas 1% market share , no one give a F about low quality trashy is samsung garbage Exytrash rebrand.

                                      • ?
                                      • Anonymous
                                      • Kgf
                                      • 07 Apr 2023

                                      Anonymous, 07 Apr 2023Because of UGLY looking phones with HIGH pricethis report is about Samsung Electronics and chip manufacturer and NOT Samsung the phone manufacturer. Stop hating on samsung

                                        • Z
                                        • Zuzuz
                                        • mA{
                                        • 07 Apr 2023

                                        That's what you get when you go against the main fuel/energy supplier in the world and his friends, opec+. SK must pay, like any other westerner, 5x increase in prices for energy and other types of minerals necessary for fabrication.
                                        BRICS is now bigger than G7, and will become even bigger with Algeria, Mexico, Saudi Arabia, Iran, Turkiye, Argentina etc. $ is now eliminated from most transactions also.
                                        On long term, SK should leave USA alone and get together with Asia and their friends. The West has now 1 billion people, while the rest are 7. Also, those 7 have the greatest resources of all, natural and in people. The West is now preoccupied with rainbows, inclusivity, vlogs etc