Samsung sees 95% drop in profits for a second consecutive quarter

https://lemmy.world/post/2349179

Samsung sees 95% drop in profits for a second consecutive quarter - Lemmy.world

Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung’s profits have dropped considerably compared to last year.

When money is tight you might use your phone for a year or two longer. 1000 Euro phones also don’t help the matter.

While I don’t use a Samsung, I am over half way through my phones fifth year. Other than a battery replacement I’ve had literally no problems whatsoever.

If only lifespan and right to repair were written into law everywhere.

Software updates are the problem unfortunately
I wonder why this is not a problem for pcs though
Because PCs are from a time before tech monopolies. They are based on a spec that allows different vendors to work together. As a result there is more competition, more options for repair, etc.
I wonder how long this will last. We’re already seeing Apple getting some crazy performance with their M chips with integrated RAM and GPU, wouldn’t surprise me if PCs start becoming less and less modular as time goes on.
As a guy who likes repairing tech this movement towards anti repair saddens me.