Samsung Electronics says weak chip demand sent fourth-quarter profit well below market estimates

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Samsung warns of big profit slide via ReutersTV

 

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Samsung says fourth-quarter earnings likely fell sharply on weak memory demandSamsung said its fourth-quarter earnings likely fell due to lackluster demand in its memory business and amid growing competition in the smartphone segment. Apple and Samsung both hitting lows but struck a deal... Be prepared for revenue increases as long ws they keep sharing. 🙄
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