Samsung Electronics flags near-30% slump in Q4 operating profit

Samsung Electronics flags near-30% slump in Q4 operating profit

5 years ago
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https://phys.org/news/2019-01-samsung-electronics-flags-near-slump.html

Samsung—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 its de facto chief.

But operating profit during the October to December period was expected to be around 10.8 trillion won ($9.8 billion), down 28.7 percent from a year earlier, Samsung said in an earnings estimate.

Samsung Electronics flags near-30% slump in Q4 operating profit

Jan 8, 2019, 10:15am UTC
https://phys.org/news/2019-01-samsung-electronics-flags-near-slump.html > Samsung—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 its de facto chief. > But operating profit during the October to December period was expected to be around 10.8 trillion won ($9.8 billion), down 28.7 percent from a year earlier, Samsung said in an earnings estimate.