Samsung S Q3 Report Highlights Trouble Glaring Decline In Profits
The South Korean company anticipates its operating profit to be about KRW 10.8 trillion (roughly $) and it’s aggregated sales to be around KRW 76 trillion (roughly $). The company’s operating profit has decreased by 31.7% year over year even though its sales have climbed by 2.73%. In the last three years, this is the first earnings drop for the corporation. The fall in demand for memory chips, in the opinion of experts, is the cause of Samsung’s declining earnings....