Samsung posts fourth-quarter profit drop, warns of weak demand until the second half of 2019

Samsung posts fourth-quarter profit drop, warns of weak demand until the second half of 2019

Samsung Electronics reported its largest quarterly profit decline in two years during its earnings report today.

As the Galaxy maker warned in its earnings guidance earlier this month, its results were hurt by slower-than-expected demand for semiconductors,

Note 1: Sales for each business include intersegment sales

Note 2: CE (Consumer Electronics), IM (IT & Mobile Communications), DS (Device Solutions), DP (Display Panel)

Note 3: Information on annual earnings is stated according to the business divisions as of 2018

Note 4: From Q1 2017, earnings from the Health & Medical Equipment Business (HME) are excluded from the CE Division

TechCrunch

https://techcrunch.com/2019/01/30/samsung-posts-fourth-quarter-profit-drop-warns-of-weak-demand-until-the-second-half-of-2019/

Samsung Electronics Announces Fourth Quarter and FY 2018 Results – Samsung Global Newsroom

https://news.samsung.com/global/samsung-electronics-announces-fourth-quarter-and-fy-2018-results