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Samsung second-quarter profit halves, missing expectations
CNBCยท 2025-07-31 00:06
Core Insights - Samsung Electronics reported a second-quarter operating profit that missed expectations, more than halving from the same period last year [1][2] - The company's quarterly revenue was 74.6 trillion Korean won ($53.5 billion), showing a slight increase from 74.07 trillion won a year earlier [1][4] Financial Performance - Second-quarter operating profit was 4.7 trillion won, which was below the previous year's 10.44 trillion won and slightly above the forecast of around 4.6 trillion won [2][4] - Operating revenue of 74.6 trillion won exceeded the forecast of 74 trillion won [2] Business Segments - Samsung is a leading provider in memory chips, semiconductor foundry services, and smartphones [3]