Monday, January 7, 2019

Samsung Electronics warns of near-30 percent profit slump | News

Tech giant Samsung Electronics has flagged its first quarterly profit drop in two years, painting a grim outlook amid growing competition from Chinese smartphone makers and declining chip prices. The South Korean firm, the world’s top maker of smartphones and memory chips, has enjoyed record profits in recent years despite a series of setbacks, including a humiliating recall and the jailing of

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