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In a recent development, South Korean tech titan Samsung Electronics Co Ltd (OTC:SSNLF) forecasted a 35% fall in its operating profit for the fourth quarter of 2023. This projected decline is primarily due to a recovery in semiconductor prices. What Happened: Samsung’s operating profit for Q4 2023 is expected to be 2.8 trillion South Korean won ($2.13 billion), a 35% decrease from the same quarter the previous year. This estimate is considerably lower than the SmartEstimate of 3.7 trillion won by LSEG, according to a report by CNBC. This downturn also amounts to a 4.9% decline in fourth-quarte…

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