English Semiconductor Earnings Shock": Samsung Electronics Faces Humiliation as Operating Profits Lag Behind LG Electronics and LG Energy Solution
[NewsSpace=JeongYoung Kim] Samsung Electronics, the leading company in Korea, has posted an unprecedented "earnings shock" due to the semiconductor downturn. Samsung Electronics' Q1 2023 operating profit was tentatively recorded at KRW 600 billion down 95.75% from the same period last year. It is the first time in 14 years since Q1 2009 that Samsung Electronics' quarterly operating profit has fallen below KRW 1 trillion. According to the preliminary earnings announcements of each company, LG Electronics' operating profit in Q1 this year was KRW 1.4974 trillion. LG Electr
