Samsung’s profits drop by 95% as smartphone demand falls

Since the early months of this year, Samsung has been experiencing struggles attributable to some factors, and in second quarter of 2023 the company saw its earnings fall by 95% for the second consecutive quarter. Samsung disclosed the 95% decline in earnings in its 2023 second-quarter financial report. The company’s earnings have dropped by more … Continue reading Samsung’s profits drop by 95% as smartphone demand falls