Samsung sees 95% drop in profits for a second consecutive quarter
androidauthority.com
Samsung sees 95% drop in profits for a second consecutive quarter
1–10 of 122 posts
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#2And they are like 95% of the SK economy because of the Chaebol system
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#3And they are like 95% of the SK economy because of the Chaebol system
I was wondering if this counted its business in SK as well. The profits mentioned are in won, so I lean toward yes, but when I was in SK, fuckin' everything was Samsung. They even got Samsung autonomous autoturrets now[1].
How is Samsung not printing money? South Korea has the 12th highest GDP on the planet.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#4And they are like 95% of the SK economy because of the Chaebol system
I was wondering if this counted its business in SK as well. The profits mentioned are in won, so I lean toward yes, but when I was in SK, fuckin' everything was Samsung. They even got Samsung autonomous autoturrets now[1]. How is Samsung not printing money? South Korea has the 12th highest GDP on the planet. [1] https://en.wikipedia.org/wiki/SGR-A1
This is specifically Samsung Electronics as far as I can tell.
Nevertheless it’s an amazing drop.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#5Earlier quoted context omitted.
I was wondering if this counted its business in SK as well. The profits mentioned are in won, so I lean toward yes, but when I was in SK, fuckin' everything was Samsung. They even got Samsung autonomous autoturrets now[1]. How is Samsung not printing money? South Korea has the 12th highest GDP on the planet. [1] https://en.wikipedia.org/wiki/SGR-A1
This is specifically Samsung Electronics as far as I can tell. Nevertheless it’s an amazing drop.
Are their washing machines and fridges under their Electronics corp? Just the high-tech consumer stuff? I'm not sure where I'd look to get a definitive answer.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#6I remember walking on the sidewalk in one of the busiest city sections of downtown Gangnam when I was stopped by a guard. On the street, other guards were stopping traffic. Mind you, this street is as busy as any in Manhattan. Then a secret gate opened as a $400k+ Mercedes Maybach slowly backed out. The entire block of pedestrians and traffic was inconvenienced for 10 minutes for this ordeal. I was told by my Korean friend that the Samsung Chairman lives there.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#7> Samsung is hoping the launch of its foldables will help level out these losses
Very serious question: Who is asking for foldable phones? Who is saying, "You know what's missing from my phone? More moving parts! A huge hinge for crumbs to get stuck in! I just can't enjoy this app unless it's in a square form factor and a crease in the center!"
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#8Earlier quoted context omitted.
This is specifically Samsung Electronics as far as I can tell. Nevertheless it’s an amazing drop.
Are their washing machines and fridges under their Electronics corp? Just the high-tech consumer stuff? I'm not sure where I'd look to get a definitive answer.
From the Samsung Electronics wiki article:
> The digital-media business area covers computer devices such as laptop computers and laser printers; digital displays such as televisions and computer monitors; consumer entertainment devices such as DVD players, MP3 players, and digital camcorders; home appliances such as refrigerators, air conditioners, air purifiers, washing machines, microwave ovens, vacuum cleaners and robot vacuum cleaners.[101][102]
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#9> Samsung is hoping the launch of its foldables will help level out these losses Very serious question: Who is asking for foldable phones? Who is saying, "You know what's missing from my phone? More moving parts! A huge hinge for crumbs to get stuck in! I just can't enjoy this app unless it's in a square form factor and a crease in the center!"
The appeal of a big screen that fits in your pocket is obvious. The downsides certainly might outweigh that, but the reasoning is not a mystery like you're implying.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#10Earlier quoted context omitted.
This is specifically Samsung Electronics as far as I can tell. Nevertheless it’s an amazing drop.
Are their washing machines and fridges under their Electronics corp? Just the high-tech consumer stuff? I'm not sure where I'd look to get a definitive answer.
[deleted]