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Samsung downbeat on Q3 prospects as profits slide

Samsung downbeat on Q3 prospects as profits slide

Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and flagged uncertain earnings prospects for its key handset business, fuelling worries about its ability to return to growth. The downbeat guidance, as well as Samsung's decision to keep its interim dividend unchanged from last year, put the shares of South Korea's biggest company by market value on track …

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Samsung Electronics downbeat on third quarter prospects as profits slide

Samsung Electronics downbeat on third quarter prospects as profits slide

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and flagged uncertain earnings prospects for its key handset business, fuelling worries about its ability to return to growth. The downbeat guidance, as well as Samsung's decision to keep its interim dividend unchanged from last year, put the shares of South Korea's biggest …

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