Samsung projects Q2 operating profit down 56% YoY to $3.3B, vs. $4.5B est., due to struggles in its chip business stemming from US export controls for China (Reuters)

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Reuters:
Samsung projects Q2 operating profit down 56% YoY to $3.3B, vs. $4.5B est., due to struggles in its chip business stemming from US export controls for China  —  Samsung Electronics (005930.KS) on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier …

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