{"id":864041,"date":"2024-10-08T08:30:44","date_gmt":"2024-10-08T03:00:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=864041"},"modified":"2024-10-08T08:35:54","modified_gmt":"2024-10-08T03:05:54","slug":"samsung-q3-profit-jumps-274-but-misses-estimates-tech-giant-apologizes-for-lagging-behind-in-ai-chip-market","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/08\/samsung-q3-profit-jumps-274-but-misses-estimates-tech-giant-apologizes-for-lagging-behind-in-ai-chip-market\/","title":{"rendered":"Samsung Q3 profit jumps 274%, but misses estimates; tech giant apologizes for lagging behind in AI chip market"},"content":{"rendered":"<p>Samsung Electronics on Tuesday estimated its third-quarter operating profit jumped nearly four-fold, but fell short of analysts\u2019 projections, prompting the tech giant to issue a rare apology for lagging behind competitors in the rapidly expanding AI chip market. <\/p>\n<p>The company reported a preliminary operating profit of approximately 9.1 trillion won ($6.8 billion) for the quarter ending September 30, missing the 10.3 trillion won forecast by LSEG SmartEstimate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung Electronics on Tuesday estimated its third-quarter operating profit jumped nearly four-fold, but fell short of analysts\u2019 projections, prompting the tech giant to issue a rare apology for lagging behind competitors in the rapidly expanding AI chip market. The company reported a preliminary operating profit of approximately 9.1 trillion won ($6.8 billion) for the quarter ending September 30, missing the 10.3 trillion won forecast by LSEG SmartEstimate.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-864041","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/864041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=864041"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/864041\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=864041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=864041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=864041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}