Samsung Elec sees profit decline on weak server chip demand after strong third-quarter earnings

Samsung Elec sees profit decline on weak server chip demand after strong third-quarter earnings

5 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-samsung-elec-results/samsung-elec-sees-profit-decline-on-weak-server-chip-demand-after-strong-third-quarter-earnings-idUSKBN27E001

Samsung Electronics Co Ltd said on Thursday it expects fourth-quarter profit to fall due to weak server chip demand and rising smartphone competition, after posting its best quarterly operating profit in two years in the third quarter.