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Android Central
Android Central
Technology
Jay Bonggolto

Samsung's smartphone success stood out even as Q2 profits take a 55% hit

Samsung logo.

What you need to know

  • Samsung’s revenue hit $53.5B, but profits nosedived 55%, mainly due to a rough quarter for its chip division.
  • Semiconductor profits fell off a cliff — from $4.6B last year to just $287M — thanks to Nvidia delays and tighter U.S. export rules.
  • With Meta and Microsoft ramping up AI needs, Samsung is banking on a stronger second half.
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