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Tuesday, July 2, 2019

Samsung Electronics' second-quarter profit likely halved as Huawei woes worsen chip glut

Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut.


from Reuters: Business News https://ift.tt/2XmL40p

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Muriel Zagha, Prof Sam Friedman, Lord Willetts, Lisa Holdsworth and Prof Melinda Mills. from BBC News https://ift.tt/P1UyOhl