Wednesday, 22 November 2017

Samsung warns on 2016 profit as smartphone demand softens

By Mary Lennighan, Total Telecom
Thursday 28 January 16

South Korean vendor sees challenging conditions ahead in IT industry; outperforms Apple in Q4 smartphone shipments.

Samsung on Thursday reported year-on-year growth in operating profit in the fourth quarter of 2015 and the full year, but its comments on the challenging environment it expects to face in 2016 led to suggestions that earnings could fall going forward. The South Korean company is feeling the pressure across its business, including at its devices unit, where it recorded &quot…

Samsung on Thursday reported year-on-year growth in operating profit in the fourth quarter of 2015 and the full year, but its comments on the challenging environment it expects to face in 2016 led to suggestions that earnings could fall going forward. The South Korean company is feeling the pressure across its business, including at its devices unit, where it recorded &quot…

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