Samsung Electronics says fourth-quarter profit likely fell 29 percent; China demand weak

Samsung Electronics says fourth-quarter profit likely fell 29 percent; China demand weak

5 years ago
Anonymous $L9wC17otzH

https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-says-fourth-quarter-profit-likely-fell-29-percent-china-demand-weak-idUSKCN1P12C7

South Korea's Samsung Electronics Co Ltd on Tuesday estimated a decline in quarterly operating profit for the first time in two years, as a slowing Chinese economy erodes demand for its chips and handsets.

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