Samsung flags 60% plunge in Q3 operating profit
Operating profit for the July-September period was estimated at 4.1 trillion won ($3.8 billion), down 59.6 percent from the third quarter last year, the company said.
Oct 07, 2014, 13:08 PM ISTSamsung heads for annual profit fall after weak Q3 guidance
Samsung Electronics Co Ltd is heading for its first annual earnings drop since 2011 after it revealed its July-September profit would be the lowest in more than three years and said short-term prospects for smartphones were uncertain.
Oct 07, 2014, 09:39 AM IST