Samsung profits sinks by 95% in Q2, memory chip demand improves

27 July 2023
Samsung is betting big on its new foldables and demand for memory chips in H2.

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  • Anonymous
  • KA9
  • 27 Jul 2023

Anders, 27 Jul 2023Maybe releasing some more €2,000 phones with plastic screen... moreA typical Anders reply

"Every phone is bad very bad"

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    • Anonymous
    • XUv
    • 27 Jul 2023

    Anonymous, 27 Jul 2023" Samsung’s press release states that declining smartp... moreEurope & America already hit recession, but the effect will lag like 3-4 quarters.
    So, expect Apple will announce bad quarters too.

      Anonymous, 27 Jul 2023" Samsung’s press release states that declining smartp... moreSamsung, like most android makers have removed nearly everything that made them different to iPhone. Headphone jack, microSD, IR blaster, FM radio etc.

      So while I'm no fan of iPhone, it's getting to the stage where your choice of phones is either an iPhone, or a wannabe iPhone. So might as well the get OG of removing features in that case

        Maybe releasing some more €2,000 phones with plastic screens that there's virtually no market for will help 👍

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          • Anonymous
          • XUv
          • 27 Jul 2023

          PeterThePanda, 27 Jul 2023Ha. Serves them right for copying Apple on trickling produc... moreThat's not the problem.
          The problem is Samsung low and midrange is NOT competitive compared to the Chinese offering, and Samsung use slow exynos on low and midrange, and Samsung charging speed is ridiculously slow.

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            • Anonymous
            • XUv
            • 27 Jul 2023

            https://www.gsmarena.com/newscomm-59241.php
            blue 0CN 21 Jul 2023
            Because of low demand for memory chips, not because of phones. At least don't lie.

            I really hope that person named blue still on GSMArena reading this

              Ha. Serves them right for copying Apple on trickling product improvements as well as cutting corners on their product quality.

              Let’s hope their Z Fold 5 aka Z Fold 3SS and Z Flip 5 aka Z Flip 3SS become major flops too.

                Anonymous, 27 Jul 2023Just last week or 2 weeks ago Some S-boy here said that Sa... moreConclusion: fan boys are blind

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                  • Anonymous
                  • XUv
                  • 27 Jul 2023

                  Anonymous, 27 Jul 2023" Samsung’s press release states that declining smartp... moreJust last week or 2 weeks ago
                  Some S-boy here said that Samsung Smartphone doing well, the memory is the one that not well...

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                    • Anonymous
                    • 8N3
                    • 27 Jul 2023

                    " Samsung’s press release states that declining smartphone shipments were the main reason behind the slumping revenue results."

                    But fanboys said S23 series was selling way more than s22 and getting rid of crappynos would solve all issues.

                    Apple should purchase Samsung.

                      • ?
                      • Anonymous
                      • n2Y
                      • 27 Jul 2023

                      not wonder because release the same thing for years nothing improve no buds 3 no smart tag the smart watch chip overclocked a bit and the battery is less inside ,foldables display size also same for years the design is boring the others is leave samsung in the ground behind ,deserved this!