South Korean electronics maker Samsung Electronics’ net profit fell 37.8% year-on-year to $4.3 billion.
South Korean electronics maker Samsung Electronics’ net profit fell 37.8% year-on-year to 5.84 trillion won (about $4.3 billion) in the past quarter, the company said in a statement.
The company’s revenue fell 12.2% to 67.4 trillion won ($49.9 billion) in the period under review. Operating profit was 2.43 trillion won ($1.8 billion), down 4.5 times year-on-year.
The company previously forecast third-quarter revenue of 67 trillion won ($49.6 billion) and operating profit of 2.4 trillion won ($1.77 billion).
Samsung predicts demand in the smartphone market will recover next year as consumer sentiment stabilises, with the premium segment also expected to continue.
Samsung is a multinational technology company headquartered in South Korea. It’s known for producing a wide range of electronic products, including smartphones, televisions, appliances, and more. Samsung is one of the world’s leading smartphone manufacturers, and it’s a major player in the global technology industry.
The Samsung Gangnam store will focus on Generation Z consumers.
The retail space is located in Centro Comercial Perisur, one of the largest shopping mall in Mexico City.
Inditex Group's revenue for the past year added 18% to €32.6 billion, up 15% from 2019 before the pandemic.
This article is based on a review of ten verified retail moves made by DTC and digital-native brands in 2025,…
From Riyadh and Bangkok to Shanghai, the US, and Europe, these flagship retail projects demonstrate how scale, design, and urban…
In 2025, retail expansion stopped being about square meters and started being about intent. Across luxury, athleisure and digital-native brands,…
