Thursday, January 31, 2019

Samsung posts fourth-quarter profit drop, warns of weak demand until the second half of 2019 – TechCrunch

Samsung Electronics reported its largest quarterly profit decline in two years during its earnings report today. As the Galaxy maker warned in its earnings guidance earlier this month, its results were hurt by slower-than-expected demand for semiconductors, which had bolstered its earnings in previous quarters even when smartphone sales were slow. Samsung’s forecast was also dour, at least for

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