Fri. Apr 19th, 2019

Samsung says it expects Q1 operating income of $5.5B, down 60% YoY, its worst drop in more than four years, as chip prices fall and smartphone sales slow (Sam Kim/Bloomberg)

Samsung says it expects Q1 operating income of $5.5B, down 60% YoY, its worst drop in more than four years, as chip prices fall and smartphone sales slow (Sam Kim/Bloomberg)

Sam Kim / Bloomberg:
Samsung says it expects Q1 operating income of $5.5B, down 60% YoY, its worst drop in more than four years, as chip prices fall and smartphone sales slow  —  – Chip buyers working through inventories, pushing prices down  — Sluggish smartphone demand also hurts bottom line at Samsung

Source: http://www.techmeme.com/190404/p31#a190404p31

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