International Companies

Shares in Samsung slump despite 19-fold surge in profits

By Abigail Townsend

Date: Tuesday 07 Jul 2026

(Sharecast News) - Shares in Samsung Electronics fell heavily on Tuesday, despite the South Korean chipmaker seeing second-quarter profits surge 1800%.
In a brief pre-earnings update, Samsung said that operating profits in the three months to June end were estimated to have soared to 89.4trn won (£43.7bn) from 4.7trn won a...

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