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01 Nov
06:09

Samsung posts narrower loss in semiconductor business

Samsung Electronics’ semiconductor unit has narrowed its operating loss in the third quarter of 2023, compared to the previous quarter, thanks to higher selling prices, Kallanish learns. According to the company’s Q3 earnings report released on Tuesday, the semiconductor division posted a KRW 3.8 trillion ($2.8 billion) operating loss. In Q2 2023, the operating loss was KRW 4.4 trillion, but in Q3 2023 the figures were still positive at a KRW 5.1 trill…
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