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What's New to The Street... 📉 Samsung Braces for Limited Growth Amid Chip Struggles 📉  Sluggish demand for conventional chips and IT devices is creating headwinds for Samsung, limiting its earnings growth. Despite challenges, the tech giant remains focused on navigating the evolving market. 💾📊   Vince Caruso Will the chip industry bounce back soon? Drop your thoughts below! 👇  👉🏻Follow New To The Street for more! #Samsung #TechNews #Semiconductors #ChipMarket #FinanceNews #Innovation #MarketTrends #Businessupdate #Businessnews #Business #News #Newtothestreet

What's New to The Street... 📉 Samsung Braces for Limited Growth Amid Chip Struggles 📉  Sluggish demand for conventional chips and IT devices is creating headwinds for Samsung, limiting its earnings growth. Despite challenges, the tech giant remains focused on navigating the evolving market. 💾📊  Will the chip industry bounce back soon? Drop your thoughts below! 👇  👉🏻Follow New To The Street for more! #Samsung #TechNews #Semiconductors #ChipMarket #FinanceNews #Innovation #MarketTrends #Businessupdate #Businessnews #Business #News #Newtothestreet

What's New to The Street... 📉 Samsung Braces for Limited Growth Amid Chip Struggles 📉  Sluggish demand for conventional chips and IT devices is creating headwinds for Samsung, limiting its earnings growth. Despite challenges, the tech giant remains focused on navigating the evolving market. 💾📊  Will the chip industry bounce back soon? Drop your thoughts below! 👇  👉🏻Follow New To The Street for more! #Samsung #TechNews #Semiconductors #ChipMarket #FinanceNews #Innovation #MarketTrends #Businessupdate #Businessnews #Business #News #Newtothestreet

Is a partnership between two giants really about innovation, or is there more at play? In July 2022, Qualcomm and Samsung Electronics expanded their partnership. They extended a patent licensing agreement through 2030 and deepened their collaboration on future Samsung Galaxy devices powered by Qualcomm’s Snapdragon platforms. But let’s critically examine this: Qualcomm’s Goals: By securing a long-term deal with Samsung, Qualcomm ensures a steady demand for its Snapdragon chips, reinforcing its position in the mobile processor market. It also solidifies its relevance as Samsung explores other chip options, including its own Exynos processors. Samsung’s Strategy: Samsung benefits from access to Qualcomm’s cutting-edge technology, essential for maintaining the performance edge of its flagship devices. However, the question arises: why does Samsung, which produces its own Exynos chips, need Qualcomm? The reality might be a mix of hedging bets on performance and leveraging Qualcomm’s established market presence. This partnership highlights a strategic dance where both companies balance collaboration with competition. Will this alliance drive true innovation, or is it a move to maintain market dominance? Share your thoughts on this critical partnership. Like, share, and follow for more insights on how strategic alliances shape the tech landscape. #TechPartnerships #Qualcomm #Samsung #Innovation #MarketStrategy

What's New to The Street... 💰Big Moves by Samsung!💻  Samsung Electronics is planning a $7 billion share buyback, addressing investor concerns about its memory-chip business amid the ongoing AI boom. 🚀  While its flagship chip division faces challenges, this bold move signals confidence in the future. What are your thoughts on Samsung's strategy?✨ 👉🏻Follow New To The Street for more! #SamsungElectronics #ShareBuyback #TechInvesting #MemoryChips #AIInnovation #InvestorNews #TechTrends #SamsungMoves #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet

What's New to TheStreet... 📉 Samsung Apologizes for Expected Earnings Miss Amid Chip Challenges In a rare move, Samsung has issued an apology for missing expected earnings due to ongoing challenges in the chip market. The tech giant vowed to ramp up efforts to regain its competitive edge and navigate the current industry headwinds. Do you think Samsung can bounce back from this? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #samsung #chipshortage #earningsMiss #techindustry #innovation #businessupdate #businessnews #business #news #newtothestreet

What's New to TheStreet... 📉 Samsung Apologizes for Expected Earnings Miss Amid Chip Challenges In a rare move, Samsung has issued an apology for missing expected earnings due to ongoing challenges in the chip market. The tech giant vowed to ramp up efforts to regain its competitive edge and navigate the current industry headwinds. Do you think Samsung can bounce back from this? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #samsung #chipshortage #earningsMiss #techindustry #innovation #businessupdate #businessnews #business #news #newtothestreet

Samsung’s Bold Apology: Addressing Innovation Gaps and Promising a Brighter Future In a rare and refreshing move, Samsung has openly apologized for not innovating enough, particularly with their Galaxy S24 Ultra, which many felt was too similar to its predecessor. The letter, penned by Samsung’s newly appointed VP of Device Solutions, Jeon Young-Hyun, admits that their recent products, including memory and chipsets, didn’t meet expectations. This level of transparency is commendable, for a tech giant like Samsung to admit to falling behind its competitors shows tremendous accountability and humility. But more importantly, it sets the stage for change. Samsung is known for turning challenges into opportunities, and they’ve promised to "fearlessly pioneer the future," focusing on breakthroughs that will elevate their competitive edge once again. They’ve pledged to immediately address areas that need improvement, refocusing on organizational culture and pushing the boundaries of their technological innovation. It’s not just about admitting past mistakes but showing a commitment to improvement—and that’s something worth applauding. This candid apology and promise to bounce back demonstrate Samsung’s unwavering dedication to innovation. #Samsung #GalaxyS24 #Innovation #TechLeadership #Transparency #InventAndProtect

🚀 Samsung's Q3-2024 Pre-Earnings Guidance: A Wake-Up Call 📉 Samsung's recent pre-earnings guidance signals a critical moment for the tech giant, reporting Q3 revenues of $58.3B—well below the anticipated $60.6B—and an operating profit of $6.8B versus a projected $7.6B. This shortfall, accompanied by an unprecedented public apology, highlights the challenges facing their semiconductor division. While the DX Division and SDC showcased resilience with strong flagship smartphone sales, the DS semiconductor division struggled, particularly in the memory business, impacted by inventory adjustments and increased competition from legacy products in China. Notably, the delay in HBM3E business commencement raises concerns about Samsung's future competitiveness. Looking ahead, the foundry market offers a glimmer of hope, with projections for growth driven by AI and HPC demand. Samsung aims to harness advanced technologies and significantly expand its customer base by 2028. However, regaining leadership in HBM is crucial. Can Samsung pivot effectively to reclaim its status in the semiconductor landscape? The stakes are high, and the clock is ticking! ⏳🌐🔍 Source/Commentary: #CLAUS #AASHOLM #Samsung #Semiconductors #Q32024 #TechnologyTrends #AI #HBM #MemoryMarket #Innovation #BusinessStrategy #FutureForward https://lnkd.in/dHd2-XFb

**📉 Samsung Reports 40% Profit Decline in Q3! 📈** In a recent **announcement**, **Samsung Electronics** revealed a staggering **40% decline in profits for the third quarter of 2023**. This downturn is attributed to various factors, including **sluggish demand for semiconductors** and increased competition. However, there’s a silver lining! Samsung has promised significant progress in its **AI chip business**, aiming to innovate and regain market strength. The company is investing heavily in developing advanced AI technologies that could reshape the industry landscape. Stay tuned as we follow Samsung's journey towards recovery and innovation! For more insights on trading opportunities, check out our resources: - [Trading Signals](https://lnkd.in/eUrqMdWQ) - [Copy Trading](https://lnkd.in/ezj5vCGF)