[ad_1]
South Korean tech giant Samsung Electronics said its third-quarter net profit fell 38% on the year but more than tripled on the quarter to beat market consensus, as its semiconductor business narrowed losses amid signs of recovery in demand.
The world’s largest maker of memory chips, smartphones and televisions said Tuesday that net profit came in at 5.844 trillion won ($4.34 billion) for the quarter ended September, compared with KRW9.389 trillion a year earlier and KRW1.724 trillion in the previous quarter.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
[ad_2]
Source link