Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

January 30, 2020 admin Business News Comments Off on Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics Co Ltd said on Thursday its operating profit fell 34% in the October-December quarter, in line with its estimate earlier this month, as the South Korean conglomerate battled a downturn in the memory chip market.

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Source:: Reuters – Business News