According to the smart estimates, Samsung was expected to post an operating profit of 6.26 trillion won ($4.57 billion) for the quarter.

Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far.

The South Korean technology giant has been struggling to catch up with smaller chip-making rivals SK Hynix and Micron Technology, which have benefited from brisk shipments of higher-end AI chips.

Here's what's on the docket for Samsung's summer Unpacked event, including new foldable phones, smartwatches, and more.

On Wednesday, July 9, Samsung Galaxy Unpacked will is expected to feature the reveal of new products, including this year's versions of Galaxy Z Flip and Z Fold phones.

Samsung is set to reveal its latest foldable phones at the Galaxy Unpacked event on July 9, and we have new leaks with a detailed look at the Galaxy Z Fold 7, Z Flip 7, and the new Z Flip 7 FE. According to information said to come from official Samsung promotional materials,