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Global chip revenue up only 1 1% in 2022: report

Global semiconductor revenue grew only around 1 percent on-year last year, a recent report showed Thursday, with the memory chip sector suffering the most.

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Samsung Q4 2022 profits DROP 69% due to slowing global economy and plummeting demand for semiconductors – Investment Watch

Samsung Q4 2022 profits DROP 69% due to slowing global economy and plummeting demand for semiconductors – Investment Watch
investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.

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Samsung Q4 2022 profits DROP 69% due to slowing global economy and plummeting demand for semiconductors

Global electronics manufacturing giant Samsung's operating profits dropped by 69 percent in the fourth quarter of 2022. The downturn reduced Samsung's operating profit to $3.4 billion [.]

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LG Electronics Q4 operating profit down 91 2% in Q4

LG Electronics estimated its fourth-quarter operating earnings at 65.5 billion won ($51.6 million), down 91.2 per cent from a year earlier.Revenue increased 5.2 percent on-year to 21.85 trillion won, marking a quarterly high, according to the .

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Samsung sees Q4 operating profit down 69% amid recession worries

Samsung Electronics said Friday that it expects operating profit to have tumbled almost 70% in the fourth quarter of last year, as high inflation sapped global demand for semiconductors and smartphones, the company's two key revenue sources, according to Nikkei Asia

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