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

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

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for Samsung's sales in the Chinese market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the performance of Samsung's chip business in recent times?

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