Samsung Logs 96% Drop in Q2 Profit Amid Chip Oversupply

Image copyright: Unsplash

The Spin

Establishment-critical narrative

Samsung is among the major international chipmakers facing successive losses mainly due to the reckless US chip export restrictions on China, which is the world's largest single-market consumer of semiconductors. Aimed at containing China's rise, such measures to exclude the PRC from the global semiconductor industry chain have backfired and are hurting global chipmakers, not China.

Pro-establishment narrative

Despite Samsung's Q2 profit falling to a 14-year low, this result was much better than market expectations and showed signs that the company will indeed have a six-fold increase to $2.8B in the third quarter as forecast. Additionally, its operating profit is expected to be $3.8B in the fourth quarter, up from $3.3B in Q4 2022. Things are still looking up.

Metaculus Prediction


Articles on this story

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters

Sign Up!
Sign Up Now!


© 2025 Improve the News Foundation. All rights reserved.