{"id":864463,"date":"2024-10-09T09:00:46","date_gmt":"2024-10-09T03:30:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=864463"},"modified":"2024-10-09T09:06:43","modified_gmt":"2024-10-09T03:36:43","slug":"samsung-issues-rare-apology-amid-job-cuts-financial-woes-and-faltering-ai-bet-says-we-have-caused-concerns-about","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/09\/samsung-issues-rare-apology-amid-job-cuts-financial-woes-and-faltering-ai-bet-says-we-have-caused-concerns-about\/","title":{"rendered":"Samsung issues rare apology amid job cuts, financial woes and faltering AI bet, says, \u2018we have caused concerns about \u2026.\u2019"},"content":{"rendered":"<p>Samsung Electronics Co. has issued a rare apology to investors after disappointing financial results, acknowledging that the memory chip giant is facing a potential crisis. The company, once a dominant force in the industry, admitted to struggles that have caused it to lose the plot. <\/p>\n<p>Jun Young-hyun, the newly appointed head of Samsung&#8217;s semiconductor division, pledged to overhaul the organisation. In a candid statement, he took responsibility for the company&#8217;s struggles, highlighted by worse-than-expected revenue and profit numbers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung Electronics Co. has issued a rare apology to investors after disappointing financial results, acknowledging that the memory chip giant is facing a potential crisis. The company, once a dominant force in the industry, admitted to struggles that have caused it to lose the plot. Jun Young-hyun, the newly appointed head of Samsung&#8217;s semiconductor division, pledged to overhaul the organisation. In a candid statement, he took responsibility for the company&#8217;s struggles, highlighted by worse-than-expected revenue and profit numbers.<\/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-864463","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\/864463","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=864463"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/864463\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=864463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=864463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=864463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}