South Korea's Samsung Electronics Co Ltd said on Friday its first-quarter o...
FILE PHOTO: Attendees at Samsung Electronics Co Ltd's Unpacked event test out the company's new devices in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis/File Photo
The world’s biggest maker of smartphones and memory chips said in a filing January-March profit was likely 6.2 trillion won , missing the 6.8 trillion won estimate from analysts according to Refinitiv SmartEstimate. The Apple Inc supplier and rival earlier had warned the quarter could be disappointing due to falls in prices of memory chips, its core profit-driver, and slowing demand for display panels used in Apple’s iPhones.
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