Mmastodon BusinessStartups first seen 7 h ago, last 7 h ago, peak #3
Report claims Galaxy phones yield no profit as Samsung cuts output
Original: Galaxy phones reportedly ‘yield no profit at all’ when sold as Samsung cuts production A new report alleges that Samsung
A new report alleges Samsung is slashing Galaxy smartphone production plans by as much as 30% through the end of 2026, and claims the devices currently 'yield no profit at all' when sold. The allegations point to mounting pressure on Samsung's smartphone business amid weak margins, though the company has not confirmed the figures.
Why now: Claims that one of the world's biggest smartphone makers is losing money on its flagship devices and cutting output are striking news for the tech industry.
Rank over time, top of the chart is #1. 2 snapshots from 7 h ago to 7 h ago.
Evidence
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