Samsung Electronics’ quarterly profit and sales missed estimates on sputtering demand for memory chips during the last three months of 2018, the same quarter that Apple reported anaemic sales in China.
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Sluggish global smartphone sales are starting to crimp earnings at Samsung Electronics, which posted profit that fell short of estimates. The maker of Galaxy phones reported that operating income rose to
The CEO of Samsung Electronics is stepping down in a surprise resignation after decades at the company, saying it needed new leadership following a bribery scandal that led to the imprisonment of its de facto chief. Kwon Oh-hyun, who