Tuesday, July 30, 2019

Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute



As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones. The company said its second-quarter operating profit fell 55.6% year-over-year to 6.6 trillion won (about $5.

from Pocket https://techcrunch.com/2019/07/30/samsung-posts-55-6-drop-in-second-quarter-profit-as-it-copes-with-weak-demand-and-a-trade-dispute/
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