Samsung Q4 2022: Profits decline 69% YoY, hits 8-year low

Samsung has reported its earnings for Q4 2022 that ended December 31, 2022 in which the company posted 70.46 trillion won ($57.2 billion approx.) consolidated revenue, down 7.97% YoY. It made an operating profit of 4.31 trillion won ($3.5 billion approx.), down 68.92% YoY, its lowest in 8 years. Continue reading “Samsung Q4 2022: Profits decline 69% YoY, hits 8-year low”