The world's largest memory chip and smartphone maker estimated its operating profit fell to 600 billion won ($459 million) in April-June, from 14.1 trillion won a year earlier in a short preliminary earnings statement.
It would be Samsung's lowest profit for any quarter since a 590 billion won profit in the first quarter of 2009, according to company data.
Shares in Samsung fell 1.4% in early morning trade, underperforming a 0.6% drop in the wider market (.KS11).
In the January-March quarter, the company reported a whopping 4.58 trillion won loss in its chip business as memory chip prices fell further and its inventory values were slashed.
Revenue in April to June likely fell 22% from the same period a year earlier to 60 trillion won, Samsung said in the statement.
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