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Samsung’s terrible financial year continues, but there’s hope.
Operating profit dropped 78 percent instead of the 80 percent expected which has Wall Street types all giddy. That’s about $6 billion less than the same quarter in 2022, but hey, Samsung’s still raking in about $1.79 billion. Samsung’s struggling chip business is the likely cause but we won’t get the details for a few more weeks when the final earrings report is released.
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