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Samsung says it expects lowest quarterly profit in 8 years

South Korean tech giant blames weak demand for memory chips for sharp decline in profits.

Samsung s quarterly profit falls by 2/3 to an 8-year low | NEWS am TECH

The company said its October-December profit is likely to fall 69 percent to 4.3 trillion won ($3.37

Samsung Estimates Quarterly Profit Sank To 8-year Low On Demand Slump

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices.

Samsung s profit plunges to 8-year low

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices.

Samsung s quarterly profit plunges to 8-year low on demand slump

SEOUL Samsung Electronics Co Ltd flagged on Friday (Jan 6) its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world's largest memory chip, smartphone and TV maker a bellwether for global consumer demand sets a.

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