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Posts Tagged ‘Samsung Electronics Co Ltd’

SEOUL (Reuters) – Samsung Electronics Co Ltd estimated its October-December operating profit fell 18 percent to 8.3 trillion won ($7.8 billion) from the prior quarters record earnings due to a one-off special bonus and heightened competition with Apple Inc. The guidance, released on Tuesday ahead of full quarterly results scheduled for January 24, was lower […]

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By Miyoung Kim SEOUL (Reuters) – Samsung Electronics Co Ltd is bracing for its weakest smartphone profit growth this year since 2007 as arch rival Apple Inc challenges its domination in Chinas $80 billion market. Samsungs mobile devices business, which earns two thirds of the companys profit, will come under pressure when Apple makes its […]

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SEOUL (Reuters) – Shares in Samsung Electronics Co Ltd dropped more than 2 percent in early trading Thursday, on continued lackluster forecasts of its Q4 earnings due to currency moves and shrinking margins in its display business. We expect Samsungs performance to be about 9.5 trillion Korean won, lower than the market consensus around 10.2 […]

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