Samsung 3Q Net Profit 4.14T Won; Est. 4.27T Won

Samsung 3Q Net Profit 4.14T Won; Est. 4.27T Won

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Business

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Samsung has reported its smallest quarterly earnings in nearly two years, with net income dropping by $4 billion. The company is facing intense competition from Apple and Chinese manufacturers, leading to a significant decline in its mobile unit's operating profit. However, Samsung's semiconductor business is performing well, with profits expected to improve due to continued demand for personal computers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for Samsung's lowest profit since 2011?

Increased competition from Apple

Expansion into new markets

Decline in net income by $4 billion

Rising costs of production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are posing a significant challenge to Samsung in the smartphone market?

HTC and Blackberry

Apple and Chinese manufacturers

Nokia and Motorola

Sony and LG

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the operating profit of Samsung's mobile unit compared to the previous year?

Increased to 8 trillion won

Increased to 6.7 trillion won

Decreased to 1.7 trillion won

Remained the same at 4 trillion won

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which market is primarily responsible for the decline in Samsung's sales?

European market

American market

Indian market

Chinese market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Samsung's semiconductor business performing amidst the challenges in the smartphone market?

It is stagnant with no growth

It is showing signs of improvement

It is declining rapidly

It is struggling with losses