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Samsung Electronics is running a deficit in home appliances

Machine translated

They are making so much money with semiconductors that you wouldn't even think about the deficit in home appliances, but it seems they have given up on profitability in the appliance sector and are offering massive discounts. They'll probably offer more discounts if the Samsung Lions win a championship.
LG Electronics' profit from home appliances + TV this year: 3 trillion KRW
Samsung Electronics' profit from home appliances + TV this year: -10 billion KRW
Samsung Electronics' home appliance business turned a deficit after recording a 200 billion KRW loss in the third quarter. Since they are earning hundreds of trillions through semiconductors, it feels like they are just giving back to society through their appliance business.




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