Samsung Electronics drops Q2 outlook due to trade uncertainties

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/samsung-electronics” target=”_blank”>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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/semiconductor-business” target=”_blank”>semiconductor business to encounter greater uncertainties throughout the year, while its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/smartphone-shipments” target=”_blank”>smartphone shipments faced downward pressure in the second quarter.

The world’s largest memory chipmaker reported a small rise in first-quarter ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/operating-profit” target=”_blank”>operating profit as customers concerned about US tariffs rushed to purchase smartphones and commodity…



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Samsung Electronics drops Q2 outlook due to trade uncertainties


ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/samsung-electronics” target=”_blank”>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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/semiconductor-business” target=”_blank”>semiconductor business to encounter greater uncertainties throughout the year, while its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/smartphone-shipments” target=”_blank”>smartphone shipments faced downward pressure in the second quarter.

The world’s largest memory chipmaker reported a small rise in first-quarter ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/operating-profit” target=”_blank”>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.

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