Samsung forecasts profit drop for second straight quarter
Samsung forecasts profit drop for second straight quarter
Samsung Electronics on Tuesday posted estimated first quarter operating profits of 8.4 trillion won ($7.96 billion), marking a second straight year-on-year decline as growth in global smartphone sales slows. “The operating profits fell for two straight quarters year-on-year as profit margins in smartphones were falling and the growth rate in smartphone sales was decreasing due to growing …
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