Samsung blames Q3's drop in revenue to decline in smartphone shipments

Samsung has reported KRW 0.67 trillion ($527 million) in operating profit for the second quarter of 2023, which is just slightly higher than last quarter's , thanks to its memory business posting a narrower loss. That figure is also, however, much, much smaller than the KRW 14.1 trillion ($10.8 billion) operating profit it posted in July 2022 . In its latest earnings report , the tech giant also revealed a