Breaking News Samsung Electronics' Q3 Operating Profit 9.1 Trillion...12.8% compared to the previous year↓"

Samsung Electronics' stock price plunged to the 50,000 won level yesterday, and its operating profit was more than 10% lower than the previous quarter in the third quarter.

Samsung Electronics tentatively announced today (8th) through the Financial Supervisory Service's electronic disclosure system that its operating profit in the third quarter was 9.1 trillion won, more than doubling from the same period last year.

However, it is down more than 12.8% from the previous quarter, the second quarter.

Sales rose more than 17% in a year to 79 trillion won during the same period.

The stock market, which had previously predicted that Samsung Electronics' third-quarter operating profit could reach KRW 13 trillion, lowered its forecast to KRW 10 trillion due to falling demand for smartphones and PCs, and rising inventory of non-memory semiconductors.