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Samsung Elec fourth quarter guidance underscores tech sector headwinds

By Se Young Lee SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely rose 15 percent from a year earlier, missing expectations and fuelling concerns the tech industry may be in for a tough year of slack gadget sales. Slowing economic growth in China and weaker emerging market currencies are undercutting sales of consumer electronics and gadget components, spelling trouble not only for smartphone market leaders Samsung and Apple Inc but for their suppliers and the broader industry. Samsung said in a regulatory filing its October-December operating profit would likely be 6.1 trillion won ($5.10 billion), compared with a 6.6 trillion won Thomson Reuters SmartEstimate derived from a survey of 30 analysts.

Quoted from Samsung Elec fourth quarter guidance underscores tech sector headwinds on Gadgets News Headlines – Yahoo! News

By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd is expected on Tuesday to forecast a record quarterly profit in the fourth quarter SEOUL (Reuters) - Samsung Electronics Co Ltd is expected on Tuesday to forecast a record quarterly profit in the fourth quarter, as a world hungry for on track for record earnings http://reut.rs/2CWbUUQ on track for record earnings http Tags: samsung, elec, track, record, Samsung Elec fourth-quarter profit jumps SEOUL (Reuters) – tronics Co Ltd on Tuesday said - operating profit jumped 50 percent to its highest in over three SEOUL (Reuters) - tronics Co Ltd (005930.KS) is predicted on Tuesday to forecast a file ly revenue within the , as a world

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