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In a rare apology, the company vows to review its culture and processes to enhance competitiveness.

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Channel News Asia

Singapore

Samsung issues rare apology for poor results in tech 'crisis'

Ad Fontes Media

All Sides

Media Bias/Fact Check

South China Morning Post

Alibaba Group

Hong Kong

Samsung apologises for weak results during AI chip boom

SEOUL: Samsung Electronics issued a rare apology and acknowledged on Tuesday (Oct 8) that it was facing a "crisis" over its technological competitiveness, reflected in a disappointing profit guidance, despite a global AI boom. Samsung said it expected third-quarter profits to rise to 9.1 trillion won (US$6

Government of Singapore

Samsung posts worse-than-expected guidance for third quarter

CNBC

Roberts family

United States

Samsung posts disappointing third-quarter profit guidance as it grapples with AI chips

Samsung Electronics has warned that its third-quarter profit would come in below market expectations and apologised for the disappointing performance with the tech giant lagging its rivals in supplying high-end chips to Nvidia in the booming AI market.

RTÉ

Government of Ireland

Ireland

Samsung apologises for disappointing third quarter profit

Samsung Electronics (OTC:SSNLF) has issued a warning, predicting a significant drop in third-quarter profits, due to various factors including one-time costs and a surge in supply from Chinese rivals. What Happened: On Tuesday, the South Korean tech giant announced an estimated operating profit of approximately 9.10 trillion won ($7.6 billion) for the quarter ending in September. This represents a 274% increase from the previous year’s 2.43 tril…

Benzinga

New York

Samsung Warns Of Q3 Profit Drop Amid Shipment Delays Of AI Chip Approved By Nvidia - Samsung Electronics Co (OTC:SSNLF), NVIDIA (NASDAQ:NVDA)

Its estimated Q3 operating profit jumped 274 per cent but was short of analysts’ estimates. Read more at straitstimes.com.

The Straits Times

Singapore Press Holdings

Samsung apologises for disappointing profit as it struggles in AI chips

Samsung Electronics on Tuesday estimated its third-quarter operating profit nearly tripled, but missed market expectations due to the lukewarm performance of its high-end memory chips used in artificial intelligence computing.

The Korea Times

Dongwha Enterprise

South Korea

Samsung's Q3 profit misses expectations on lackluster performance in AI chips

SEOUL -- Samsung Electronics' operating profit fell almost 13% in the third quarter from the previous three-month period, as the company struggle

Nikkei

Nikkei, Inc.

Japan

Samsung profit falls 13% amid struggles to supply chips to Nvidia

Samsung Electronics Co. on Tuesday estimated its third-quarter operating profit nearly tripled, but missed market expectations due to the lukewarm performance of its high-end memory chips used in artificial intelligence computing. The world's biggest maker of memory chips expected an operating profit of 9.1 trillion won ($6.8 billion) for the third quarter, up 274.5 percent from a year earlier, Samsung Electroni...

The Korea Herald

Seoul

Samsung Electronics warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance with the tech giant lagging its rivals in supplying high-end chips to Nvidia in the booming AI market.The rare apology illustrates the challenges facing the company, which has been the world's biggest memory chipmaker for three decades but is battling growing competition in both conventional and advanced ch…

Samsung apologies for weak results during AI chip boom

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