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Quarterly financial results

Samsung Electronics profit declines amid lacklustre smartphone sales and chip demand

August 1, 2019 By anish Leave a Comment

Samsung Electronics announced its second-quarter financial results. The company saw a consolidated revenue of KRW 56.13 trillion in the quarter with KRW 6.6 trillion operating profit. The decline in the profit can be attributed to the slowing sales of smartphone and price declines in the memory chip market. However, the Network Business posted good results […]

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