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Posts Tagged ‘Samsung Electronics Co Ltd’

Samsung Electronics Co Ltd on Tuesday said operating profit likely fell 24.5 percent in April-June, its lowest in two years due to slowing growth in the companys cash cow smartphone business and the strength of the South Korean won. The South Korean company said operating profit likely fell to 7.2 trillion won ($7.12 billion) during […]

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Bandits attacked a Samsung Electronics Co Ltd factory near Sao Paulo late Sunday and held workers hostage while they robbed truckloads of smartphones, tablets and notebook computers that police valued at $36 million. The dramatic heist, carried out by armed robbers who carjacked a shuttle used by factory employees, took place overnight during nearly four […]

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SEOUL (Reuters) – Samsung Electronics Co Ltd on Tuesday said operating profit likely fell 24.5 percent in April-June to 7.2 trillion won ($7.12 billion) due to continued slowing growth in the companys cash cow smartphone business. The guidance, released ahead of final second-quarter figures due around the end of July, was much lower than an […]

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