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Samsung profit
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Samsung factories in Vietnam back in the black after losing quarter
Samsung’s four factories in Vietnam made a combined profit of US$1.2 billion last quarter after losing $181 million in the fourth quarter of 2023.
Vietnam subsidiaries contribute 33% to Samsung profit
Samsung's four factories in Vietnam contributed 33% to the South Korean tech giant's $11.8 billion profit in 2023.
Samsung expects second-quarter profit to plunge more than 95%
Samsung Electronics said Friday it expects second-quarter operating profits to fall more than 95% on-year to their lowest level in 14 years, as a global glut of semiconductors continues to hurt its core memory sector.
July 6, 2023 | 08:52 pm PT