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Samsung Electronics Attributes Disappointing Quarterly Profit to Chinese Competition, IP Thefts

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Samsung Electronics Attributes Disappointing Quarterly Profit to Chinese Competition, IP Thefts
A woman walks past the Samsung logo displayed on a glass window at the company's Seocho building in Seoul on April 30, 2024. Jung Yeon-je/AFP via Getty Images
Lisa Bian
Sean Tseng
Updated:
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News Analysis

Samsung Electronics reported a sharp drop in quarterly earnings, citing fierce competition from Chinese chipmakers and technology leaks as crucial factors behind the downturn.

Lisa Bian, B.Med.Sc., is a healthcare professional holding a Bachelor's Degree in Medical Science. With a rich background, she has accrued over three years of hands-on experience as a Traditional Chinese Medicine physician. In addition to her clinical expertise, she serves as an accomplished writer based in Korea, providing valuable contributions to The Epoch Times. Her insightful pieces cover a range of topics, including integrative medicine, Korean society, culture, and international relations.