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Samsung sees 95% drop in profits for a second consecutive quarter (www.androidauthority.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

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[–] salient_one@lemmy.villa-straylight.social 22 points 1 year ago (1 children)

The chairman of Samsung is a convicted criminal, by the way. Pardoned by the totally not corrupt president. Apparently he's such a genius that laws don't apply to him.

[–] EssentialCoffee@midwest.social 7 points 1 year ago

Not surprising. I'd expect something similar to happen to anyone at the top of any of the chaebols.