Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung’s profits have dropped considerably compared to last year.
Yeah, this is the chaebol system at work. The Faustian deal between these megacorps and the citizens of South Korea means that it is impossible for Samsung to fail or to be accountable for their bad business decisions. South Korea is the most developed cyberpunk technofeudalistic society.
without any kids. They’re in for huuuge trouble.
They went from one million births in 1960 to just 250k last year.
The birth rate is below 1.
with a birth rate of 1, four grandarents make a single grandchild.
Once we go below 1, most people will never even be grandparents.
The boomers will enter retirement age soon, I’m not really sure how that will work.
They definetely won’t be able to do anything against North Korea. They will either be bedridden or care for someone bedridden.
Who could know that refusing to patch critical bugs or, for that matter, to put any effort at all into software while constantly raising product prices would piss off the customers? It’s a mistery!
or, for that matter, to put any effort at all into software
This makes no sense. Samsung are basically the biggest innovators in mobile software. Every big feature that google eventually adds to Android was in Samsung phones 5 years ago.
Please go and use that Samsung software. Then you might want to reevaluate your statement. They are notorious for delivering good hardware with half baked software.
I have, I’ve used it plenty. What exactly has been “half baked”?
Just google “Samsung good hardware bad software” or something like that. You will get a significant number of results. For me, the number one annoyance was when the blueborne vulnerability was discovered and their only advice was to turn off bluetooth. Months passed before they patched it, and that was when they lost me.
That’s not “half baked” though.
I’m not googling that because that’s just going to give a bunch of people parroting what you said without giving any actual examples. What Samsung software is half baked?
Yeah sure, I totally understand. I will just compile an essay on the matter and pass it to your office so you don’t have to google it.
Yeah, this is not it, their mobile division performed well, it was their chips division.
From the introduction of the article above: „Samsung blames the decline in smartphone shipments for its financial troubles. Samsung is hoping the launch of its foldables will help level out these losses for the second half of the year.“
When money is tight you might use your phone for a year or two longer. 1000 Euro phones also don’t help the matter.
While I don’t use a Samsung, I am over half way through my phones fifth year. Other than a battery replacement I’ve had literally no problems whatsoever.
If only lifespan and right to repair were written into law everywhere.
My Galaxy S10 is on its 5th year I think. Really had no issues with it, even the battery. Only showing signs of slowdown this year.
Granted, I run my phone on 720p and constant battery saver lol
