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Samsung expected to report 80% profit plunge as losses mount at chip business

Customers experience Samsung’s new flagship fold-screen phone Galaxy Z Fold5 at a Samsung sales store in Hangzhou, East China’s Zhejiang province, Aug. 14, 2023. Costfoto | Nurphoto | Getty Images Samsung Electronics earnings are expected to plunge nearly 80% in the third quarter, according to analyst forecasts, as the company’s […]

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