SEOUL, Jan. 9 (Korea Bizwire) – Samsung Electronics Co. on Tuesday predicted that its operating profit for the fourth quarter of last year would tumble 35 percent on year, hurt by persistently weak demand for its mainstay semiconductor division. Samsung, the world’s biggest maker of memory chips and smartphones, estimated its fourth-quarter operating profit at [...]
SEOUL, Jan. 29 (Korea Bizwire) – Samsung Electronics Co., the world’s top smartphone maker, said Thursday its net profit fell 26.7 percent in the fourth quarter of 2014 from a year earlier, dampened by sluggish smartphone sales as its global rivals increased their shares in both the high- and low-end markets. Net income came to [...]
SEOUL, Jan. 8 (Korea Bizwire) – Samsung Electronics Co., the world’s top maker of smartphones and memory chips, is headed for the first annual profit fall in three years, dragged down by weak smartphone sales amid intensifying competition with global rivals. The South Korean tech giant in a regulatory filing estimated its operating profit at [...]