Wednesday, 30 October 2019

Samsung profits plunge 56% but strong smartphone sales offer a boost

Samsung's operating profit plunged 56% in the third quarter compared to last year as the company continues to struggle with sluggish demand for memory chips. But the company said chip sales should pick up in 2020, drawing a line under the prolonged industry downturn.


from CNN.com - RSS Channel - HP Hero https://www.cnn.com/2019/10/30/tech/samsung-earnings-q3-profit-intl-hnk/index.html
via https://www.cnn.com/index.html

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