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[-]  07-01-19 12:05

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Samsung sees China slow down
Profit drop expected Samsung Electronics is bracing for a profit drop as China slowdown chips away at demand.
The outfit is expected to post its first drop in quarterly operating profit in two years as slowing economic growth in China, a key market for the South Korean tech giant, erodes demand for its products.Samsung, due to publish preliminary fourth-quarter results on 8 January is expected to see a 12 percent year-on-year drop in operating profit to $11.85 billion for the period.“Depresse...

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