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
from Techmeme http://bit.ly/2VnpgSf
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