The news: Samsung is getting walloped by the economic downturn.
A big picture problem: Persistent inflation continues to wreak havoc on the tech industry, with Samsung the latest casualty.
On the right track: Samsung’s profit nosedive can largely be attributed to external factors. Despite that, it’s making some sensible moves.
This article originally appeared in Insider Intelligence's Connectivity & Tech Briefing—a daily recap of top stories reshaping the technology industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.
One Liberty Plaza9th FloorNew York, NY 100061-800-405-0844