Samsung Electronics drops Q2 outlook due to trade uncertainties

Share via:


Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for its key products such as smartphones. The technology giant said it expected its semiconductor business to encounter greater uncertainties throughout the year, while its smartphone shipments faced downward pressure in the second quarter.

The world’s largest memory chipmaker reported a small rise in first-quarter operating profit as customers concerned about US tariffs rushed to purchase smartphones and commodity…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Samsung Electronics drops Q2 outlook due to trade uncertainties


Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for its key products such as smartphones. The technology giant said it expected its semiconductor business to encounter greater uncertainties throughout the year, while its smartphone shipments faced downward pressure in the second quarter.

The world’s largest memory chipmaker reported a small rise in first-quarter operating profit as customers concerned about US tariffs rushed to purchase smartphones and commodity…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Startups launch products to catch people using AI cheating...

AI cheating startup Cluely went viral last week...

Karnataka HC Directs Centre To Block Proton Mail In...

SUMMARY The HC invoked Section 69A of the IT...

UC Founders Rolling In Cash, Q-Commerce In The AI...

Urban Company Founders’ INR 779 Cr Payday The founders...

Popular

Upcoming Events

Meta announces new Meta AI stand alone app –...

Meta has announced the launch of a new...

Experts make a new case for open-source path to...

Foundation models funded under the IndiaAI Mission should...

Lowe’s expands Apple Vision Pro immersive viewing experience to...

Since last summer, Lowe’s has leveraged Apple Vision...
GdfFD GFD GFD GFD GFD GFD GFD