Samsung’s Vice Chairman, Jun Young-hyun, the new head of the company’s Device Solutions Division, issued a rare apology on Tuesday following the company’s disappointing third-quarter profit guidance.

We have caused concerns about our fundamental technological competitiveness and the future of the company due to our performance falling short of the market’s expectations,” reads the statement attributed to Samsung Vice Chairman Jun Young-hyun.

Samsung Electronics issued an apology to investors for disappointing results, admitting that the once-dominant memory chip giant is grappling with a p.

Samsung recently revealed that its quarterly operating profits for this year was set at US$6.78 billion (~RM29.06 billion). While that amount would be more

Samsung Electronics issued a rare apology and acknowledged on Tuesday it was facing a "crisis" over its technological competitiveness, reflected in a disappointing profit guidance, despite a global AI boom.

In a rare moment of contriteness, Samsung has apologized to investors for its tanking revenues and AI chip delays.

Samsung issues a rare apology to its investors after announcing disappointing financial results for the quarter.

Samsung Electronics (SSNLF) has issued a rare apology after warning of weaker-than-expected third-quarter profit. Read more details here.

When the Korean appliance and electronics giant announced weaker-than-expected guidance on Tuesday for Q3 earnings, vice chairman Young Hyun Jun addressed the results in a forthright letter to customers,

Samsung management has apologized for disappointing performance in various divisions. The company promises to innovate again and regain its technological edge. The management vows to improve organizational culture and technological competitiveness.

Profit doesn't pop despite AI-inspired memory boom, leading to executive mea culpa Samsung Electronics has issued an apology to customers, investors and employees after releasing disappointing preliminary results Tuesday.