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Samsung Electronics (005930 KS) Q2 (KRW) net 71.3tln (exp. 68.5tln), oper. profit 89.4tln (prelim. 89.4tln), rev. 171tln (prelim. 171tln)

StockNow breaking-news AI analysis

Samsung reported strong Q2 earnings beating net income estimates, but faces a mixed H2 outlook with server chip strength offsetting mobile/PC slowdown and ongoing supply shortages.

News detail

Co. sees demand strength in server chips and chip supply shortage to continue in H2. Sees demand slowdown in mobile and PC chips. Foundry business is to post double-digit growth this year.

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