Tuesday, January 8, 2019

Samsung warns of Q4 profit drop, blames unexpectedly low semiconductor demand – TechCrunch

Apple isn’t the only smartphone maker steeling itself (and analysts) for disappointing results. Samsung Electronics issued earnings guidance for the final quarter of 2018 today that not only marks its first quarterly profit decline in two years, but also fell far below analysts’ expectations. The company attributed the drop to lower-than-expected demand for its memory chips, which in previous

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