[1/2] A view shows Samsung Electronics' chip production plant at Pyeongtaek, South Korea, in this handout picture obtained by Reuters on September 7, 2022.
The world's biggest maker of memory chips, smartphones and televisions will announce its third-quarter preliminary earnings results on Wednesday.
It compares with an operating profit of 10.85 trillion won in the September quarter last year.
Analysts said Samsung's cuts to chip production also hurt economies of scale, lifting the costs of making chips.
Rival Micron Technology (MU.O) forecast a quarterly loss last month, triggering concerns of a sluggish recovery in the memory chip maker's end markets such as data centres.
Persons:
1,347.1300, Joyce Lee, Jamie Freed
Organizations:
Samsung Electronics, Reuters, REUTERS, Rights, Analysts, Samsung, Micron Technology, KB Securities, SK Hynix, Nvidia, Thomson
Locations:
Pyeongtaek, South Korea, Rights SEOUL, Korean, American