Last year, reports spoke of Samsung having to make tough calls about future device launches owing to continued stresses in global trade and a general fear of a global economic downturn. Despite the manufacturer’s cautious approach, 2022 yielded a 16% decline in operating profits compared to 2021. The South Korean electronics giant is now preparing shareholders and the market for some grim Q1 2023 figures.
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Last modified: April 9, 2023