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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

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[-] marmo7ade@lemmy.world 3 points 1 year ago

They don't make OLED TVs. LG supplies samsung with the OLED panels for their TVs.

For everything samsung does, they can't do the hard things. They can't make OLED panels, they can't make SoCs like Apple, and they can't make software like Google.

Samsung does a ton of things...mid. That's why they supply so many parts. Because the really difficult and innovative things are done by the people they sell parts to.

[-] Saneless@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

They do SoCs. Just no one uses them. Not even Samsung

this post was submitted on 29 Jul 2023
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