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
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.
Weaker earnings at the world`s biggest maker of smartphones and semiconductors adds to worries for investors already on edge after Apple Inc https://tmsnrt.rs/2GYDer8)
($1 = 1,116.4000 won)
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