Last Updated: April 27, 2023, 06:15 IST
The world’s high maker of reminiscence chips and smartphones as of 2022 stated working revenue fell to 640 billion received ($478.6 million) for the January-March quarter. (File Photo)
That was in line with the corporate’s personal estimate of 600 billion received earlier this month
Samsung Electronics Co Ltd reported a 95% plunge in first-quarter revenue on Thursday because it grapples with a pointy world downturn in semiconductor demand that has despatched costs plummeting.
The world’s high maker of reminiscence chips and smartphones as of 2022 stated working revenue fell to 640 billion received ($478.6 million) for the January-March quarter, from 14.12 trillion received a 12 months earlier.
That was in line with the corporate’s personal estimate of 600 billion received earlier this month.
Revenue fell 18% to 63.7 trillion received.
($1 = 1,337.3800 received)
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