Samsung Q2 2023: Profits decline 95.2% YoY, revenue down 6% on weak smartphone shipments

Samsung has reported its earnings for Q2 2023 that ended June 30, 2023 in which the company posted 60.01 trillion won (USD 46.95 billion approx.) consolidated revenue, down 6% YoY. This is due to decline in smartphone shipments, despite a slight recovery in revenue of the DS (Device Solutions) Division. Continue reading “Samsung Q2 2023: Profits decline 95.2% YoY, revenue down 6% on weak smartphone shipments”