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Samsung projects a 56% plunge in operating profit, blaming U.S. chip controls on China
fortune.com/asia/2025/07/08/samsungs-projects-plunge-operating-profit-us-chips-controls-china
Samsung Electronics said Tuesday it expected its second quarter operating profits to fall by more than half, blaming U.S. export controls on advanced AI chips to China.
The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled…
This story appeared on fortune.com, 2025-07-08 07:45:35.