Samsung’s 1Q profit plummet on falling chip prices

Samsung’s 1Q profit plummet on falling chip prices

Samsung Electronics said Tuesday its operating profit for the last quarter declined more than 60 per cent from a year earlier because of falling chip prices and sluggish demands for its display panels. The company said its operating profit for the January-March period came in at 6.2 trillion won ($5.2 billion).

KCooper
KCooper
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