How can one of the world's largest smartphone companies lose money by selling more smartphones than ever? I think we all know the answer: soaring memory prices caused by the AI boom. Samsung just announced that despite "solid" smartphone sales and growing revenue, its DX division (which includes mobile) posted its first-ever loss of 800 billion won ($544 million) in the company's second fiscal quarter. "Although MX (Mobile eXperience) saw revenue growth year-over-year driven by solid sales of flagship products centered on the Galaxy S26 series and strong sales of the A series, operating profit...
Samsung's mobile division posts first-ever loss due to soaring memory prices