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Samsung apologies for weak results during AI chip boom

  • Samsung Electronics apologized for weak results amid an AI chip boom, indicating potential crisis issues for the company.
  • Mr. Jun stated, “We have caused concerns about our technical competitiveness... we take full responsibility for this.”
  • Samsung's share price fell by 1.2% after the disappointing earnings guidance release.
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Bias Distribution

  • 58% of the sources are Center
58% Center
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CNBC broke the news in United States on Monday, October 7, 2024.
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