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July 31, 2019 04:13 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ggcy7Bcc_kM/
Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute
As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones. The company said its second-quarter operating profit fell 55.6% year-over-year to 6.6 trillion won (about $5.6 billion), on consolidated revenue of 56.13 trillion won, slightly above the guidance it issued three […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ggcy7Bcc_kM/
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