The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji/File PhotoSamsung's Q1 profit will likely show another slump-analystsflagged 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.
Samsung's profits are expected to shrink again in the current quarter, analysts said, after the South Korean company announced its October-December operating profit likely fell 69% to 4.3 trillion won from 13.87 trillion won a year earlier. "All of Samsung's businesses had a hard time, but chips and mobile especially," said Lee Min-hee, analyst at BNK Investment & Securities.
Its mobile business' profit declined in the fourth quarter as smartphone sales and revenue decreased due to weak demand resulting from prolonged macroeconomic issues, Samsung added.
Source: Financial Digest (financialdigest.net)
Samsung is floating the market with their over priced garbage, so many tables and TV's you don't even know Wich one is the latest one or the better quality
There are plenty of them who have understood that SamsungMobile SamsungIndia are playing with updates on handsets with is damaging the mobile and then the service centre changes big money for repair. 1000's of complains of similar issues on Google
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