Samsung Electronics flags first profit drop in two years on weak chip demand

Samsung Electronics flags first profit drop in two years on weak chip demand

5 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-flags-first-profit-drop-in-two-years-on-weak-chip-demand-idUSKCN1P12C7

South Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as it flagged tough memory chip and mobile phone markets in a rare commentary.