Samsung Electronics forecast its earnings to fall significantly short of market expectations in the second quarter this year, dragged down by weak semiconductor

Samsung Electronics expects a steep 56% decline in its second-quarter operating profit, signaling continued struggles in its semiconductor division. The company projected Q2 operating profit of 4.6 trillion won ($3.

Samsung forecasts a 55.9 per cent fall in Q2 profit due to weak chip demand, US trade curbs, and inventory costs. Q3 recovery expected with higher HBM demand and improved foundry utilisation.