Samsung Electronics forecast its earnings to fall significantly short of market expectations in the second quarter this year, dragged down by weak semiconductor

Samsung forecasts a 55.9 per cent fall in Q2 profit due to weak chip demand, US trade curbs, and inventory costs. Q3 recovery expected with higher HBM demand and improved foundry utilisation.

Samsung Electronics expects a steep 56% decline in its second-quarter operating profit, signaling continued struggles in its semiconductor division. The company projected Q2 operating profit of 4.6 trillion won ($3.