back to article Samsung sadly sings of memory, all alone in the moonlight, as downturn slashes profits by 56%

Samsung Electronics profits shrivelled up in the third quarter of 2019 thanks to the ongoing memory market downturn. For the three months ended 30 September 2019, Samsung revenues dipped 5.3 per cent year-on-year to ₩62 trillion (£41bn), but operating profit plummeted 56 per cent to ₩7.78 trillion (£5.14bn). Business was …

  1. Anonymous Coward
    Anonymous Coward

    Stockpiling and losses

    In the fourth quarter, Sammy said it expects demand for components to slow further as a result of inventory hoarding by firms concerned about US-China trade spats

    And BREXIT causing imports into the UK to suddenly cost 25% more than they did before.

    And the forthcoming USA-EU (in UK coz we ain't properly left even if we agree BoJo's deal tomorrow) trade war.

    And their folding Phone debacle

    1. TheGhostDeejay

      Re: Stockpiling and losses

      @a/c

      You forgot to apostrophise the word "coz"

      That is all.

      Cheers… Ishy

  2. Imhotep

    All alone with the memory

    I do love when you can actually sing an ElReg headline.

  3. Ian Joyner Bronze badge

    Only one 'Sammy'

    The Register is slipping in its gushing love for this aggressive company.

  4. 89724102172714182892114I7551670349743096734346773478647892349863592355648544996312855148587659264921 Bronze badge

    Samsung should patch and update as well and as often as OnePlus

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