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Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices.
SEOUL — Samsung Electronics Co Ltd flagged on Friday (Jan 6) its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world's largest memory chip, smartphone and TV maker — a bellwether for global consumer demand — sets a...
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic do...
Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory
Samsung Electronics is set to release its fourth quarter performance report with its operating profit set to plunge to 5.9 trillion won.