Digestz - SAMSUNG ELEC SAYS WEAK CHIP DEMAND PUSHED Q4 PROFIT WELL BELOW MARKET ESTIMATES

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Samsung Elec says weak chip demand pushed Q4 profit well below market estimates

2019/01/08 04:38:42 @Reuters: Top News

Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to "ease confusion" among investors already fretting about a global tech slowdown.
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