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S. Korean Tech Firms Hit by Slowing Demand, Downcycle in Q4

S. Korean Tech Firms Hit by Slowing Demand, Downcycle in Q4

SEOUL, Jan. 31 (Korea Bizwire) — South Korean tech companies that make memory chips, smartphones and TVs posted disappointing earnings in the fourth quarter, as the industry as a whole felt the impact of China’s economic slowdown and a memory chip downcycle, analysts said Thursday. Samsung Electronics Co., the world’s largest memory chip and handset [...]