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Samsung says weak results to continue into 2019 after Q4 profit falls 31%
2019-01-31 09:22:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported lower fourth-quarter results in line with its earlier guidance, blaming the weaker economic climate and lower demand for its semiconductor and smartphone products. The company expects earnings to fall in 2019 again, due mainly to a weaker performance at its memory chip business. Demand for memory products and OLED panels is expected to pick up from the second half of the year, Samsung said.
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Category:Telecommunications