Samsung announces Q4 2018 earning guidance, operating profit down 29%Samsung recorded its highest ever profits last quarter, but three months on things aren’t looking so great. The company just announced its earnings guidance for Q4 2018 with an estimated 29 percent drop in profit. Weak demand in the memory division caused the profits to decrease sharply, Samsung said. In a regulatory filing, Samsung estimated sales worth 59 trillion […]
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By Sumit A.
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1 month ago