{
  "id": 12781245,
  "title": "Samsung reportedly can’t make a profit on its phones, so it’s cutting production by millions",
  "url": "https://urgent.news/2026/10/08/samsung-reportedly-cant-make-a-profit-on-its-phones-so-its-cutting",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T03:46:50.000Z",
  "source": {
    "name": "Android Authority",
    "slug": "android-authority",
    "url": "https://www.androidauthority.com/samsung-smartphone-production-cut-3720540/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Samsung is reportedly planning to cut its smartphone production in the fourth quarter due to low profitability. According to Android Authority, the company's smartphones are generating little to no profit after accounting for rising memory and semiconductor costs. As a result, Samsung is asking suppliers to cut production by 20% to 30% in the fourth quarter.\n\nThe news comes as Samsung reported a record quarterly operating profit of 107.4 trillion won for the third quarter, driven by strong demand for its semiconductors. However, Yonhap News notes that this profit was largely due to its semiconductor business, and does not provide details on the profitability of its smartphone division.\n\nThe production cuts are aimed at adjusting to the challenging market conditions, but the exact impact on Samsung's overall business is unclear. The company's revenue for the third quarter was estimated to have risen 126.6% from a year earlier to 195 trillion won.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}