Economy Samsung competes on its lowest quarterly result in more than two years. The group has to say suffer from falling chip prices and a declining demand for display panels. Also, the competition in the area of smartphones.
Previously warned the techbedrijf that the profit is lower than the market expectations, with a rare winstalarm. Now charges Samsung concretely a decrease of the operating profit by 60 percent in the first quarter of the year, compared to a year earlier. This would be the lowest result since the end of 2016. the
The world’s biggest producer of smartphones and memory chips provides in the period January to march operating profit of about 6,2 trillion won, the equivalent of some 4.9 billion euros. Experts figured in average at 6.8 trillion won. The turnover is 14 per cent lower at 52 trillion won, as appeared from a document. Samsung comes at the end of april, with final figures to the outside.