Will's Blog: Samsung reports Q3 revenue down 12% YoY to ~$50B, net income down 40% YoY to ~$4.1B vs. an 86% decline in Q2 2023, and a chip division operating loss of ~$2.78B (Yoolim Lee/Bloomberg)

31 October 2023

Samsung reports Q3 revenue down 12% YoY to ~$50B, net income down 40% YoY to ~$4.1B vs. an 86% decline in Q2 2023, and a chip division operating loss of ~$2.78B (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
Samsung reports Q3 revenue down 12% YoY to ~$50B, net income down 40% YoY to ~$4.1B vs. an 86% decline in Q2 2023, and a chip division operating loss of ~$2.78B — - Net income was more than twice what analysts estimated — Mobile panel business had significant increase in profit

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