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

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http://bit.ly/2uOOqOe April 05, 2019 at 07:45AM http://bit.ly/gaIxo5