https://www.reuters.com/article/us-samsung-elec-results/samsung-electronics-says-first-quarter-profit-likely-fell-60-percent-as-chip-prices-hit-idUSKCN1RG32B

South Korea's Samsung Electronics Co Ltd said on Friday its first-quarter operating profit likely slid 60 percent from a year earlier, as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins.