Samsungs profits plunged in 2022 due to weak chip and smartphone demand (Mariella Moon/Engadget)

Mariella Moon / Engadget
Samsungs profits plunged in 2022 due to weak chip and smartphone demand – Samsung has revealed a sharp decline in profit for 2022, mainly due to the weak demand for its chips and smartphones, which are the companys main moneymakers. The Korean tech giant has posted KRW 302.23 trillion (US$245.4 billion) in annual revenue, which is a new record high for the company, …

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