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Woofun AI reports that Samsung Electronics opened 3% lower on July 7th, while the KOSPI index declined 1.2% to 7954.55 points. This market reaction occurred despite the company releasing a Q2 earnings outlook showing an 1800% year-on-year increase in operating profit, which surpassed the total profits of the previous three years combined.
Additionally, Samsung reported a 129% year-on-year revenue increase, reaching 171 trillion Korean won.