SMSN Stock Price and Chart — LSIN:SMSN

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Samsung Electronics expects a 56% drop in Q2 operating profit to 4.6 trillion won, below forecasts. Revenue is projected to fall 0.1% to 74 trillion won, amid weak semiconductor sales.

Samsung Electronics (005930) has agreed to acquire Xealth, a U.S. healthcare platform, to boost its mobile health services by integrating wearable tech with Xealth's digital health platform.

Samsung Electronics is launching a 3.9 trillion won share buyback from July 9 to October 8, targeting 56.9 million common and 7.8 million preferred shares to boost shareholder value.

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About SAMSUNG ELECTRONICS

Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates through following business divisions: Device Experience (DX), Device Solutions (DS), Samsung Display (SDC), and Harman. The DX division offers televisions, monitors, refrigerators, washing machines, air conditioners, smartphones, network systems, and computers. The DS division deals with semiconductor components including DRAM, NAND Flash, and mobile APs. The SDC division provides OLED panels for smartphones. The Harman division consists of digital cockpits, car audio, and portable speakers. The company was founded on January 13, 1969 and is headquartered in Suwon-si, South Korea.

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