Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

4 years ago
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https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-fourth-quarter-operating-profit-falls-34-dogged-by-chip-market-downturn-idUSKBN1ZT001

Samsung Electronics Co Ltd said on Thursday its operating profit fell 34% in the October-December quarter, in line with its estimate earlier this month, as the South Korean conglomerate battled a downturn in the memory chip market.

Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Jan 30, 2020, 12:30am UTC
https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-fourth-quarter-operating-profit-falls-34-dogged-by-chip-market-downturn-idUSKBN1ZT001 >Samsung Electronics Co Ltd said on Thursday its operating profit fell 34% in the October-December quarter, in line with its estimate earlier this month, as the South Korean conglomerate battled a downturn in the memory chip market.