Samsung posts Q3 operating profit of $6.6B, down 56% YoY, on revenue of $53B, while the revenue from its mobile division grew 17.4% YoY to ~$25.2B (Steven Musil/CNET)

Steven Musil / CNET:
Samsung posts Q3 operating profit of $6.6B, down 56% YoY, on revenue of $53B, while the revenue from its mobile division grew 17.4% YoY to ~$25.2B  —  Declining demand for chips hurts the electronics giant's bottom line.  —  Samsung was hit hard in its third quarter by the slowdown in tech.

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