Asia eCommerce Market Trends Asia Trending Tech News

Samsung’s quarterly profit sinks to 8-year low on demand slump

read the original version on: www.retailnews.asia

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world’s largest memory chip, smartphone and TV maker – a bellwether for global consumer demand – sets […]

The post Samsung’s quarterly profit sinks to 8-year low on demand slump appeared first on Retail News Asia.

EcomEye.com Southeast Asia eCommerce For Press Release and guest posts, feel free to reach mb[at]ecomeye.com