When the Korean appliance and electronics giant announced weaker than expected guidance on Tuesday for Q3 earnings, vice chairman Young Hyun Jun addressed the results in a forthright letter to customers,

Samsung Electronics estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short of analysts' estimates as the tech giant struggled to capitalise on strong demand for chips used in artificial intelligence servers.

SEOUL – Samsung Electronics issued a lengthy apology after posting disappointing results, an unusual admission by the world’s largest memory chipmaker that it is grappling with a potential crisis.