Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak AI chip sales, deepening investor concerns over the tech giant's ability to revive its struggling semiconductor business.

The company is waiting to see if consumers are actually interested in a device like this before moving forward.

Samsung Electronics has released its 2025 Sustainability Report, unveiling an updated list of 112 official suppliers—seven companies have been removed since 2024, while six new names have been added.

Samsung on Wednesday launched three new folding smartphones in total, including two thinner top-end devices and a cheaper version of its flip phone.

The South Korean tech giant attributed its disappointing results to a combination of US export restrictions on advanced artificial intelligence chips bound for China and ongoing

The Galaxy Tab S11 series is expected to include just two models: the standard Galaxy Tab S11 and the larger Tab S11 Ultra, unlike the Tab S10 series, which included the “Plus” and "Ultra".

Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak AI chip sales, deepening investor concerns over the tech giant's ability to revive its struggling semiconductor business.