Tuesday, July 8, 2014

Samsung Electronics flags 25% plunge in Q2 profit

SEOUL, July 8- Samsung estimated Tuesday that its operating profit would plunge nearly 25 percent on year in the second quarter of 2014, as cheap Chinese devices and a strong won hammered down its share of the global smartphone market. Operating profit was estimated at 7.2 trillion won ($7.1 billion) for the April-June period, compared […]

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