Samsung Electronics reported a 10% year-on-year fall in revenues for the fourth quarter of 2018 to 59.27 trillion Korean won (53 billion US dollars), driven by declines in its semiconductor and mobile divisions. It blamed the dip in sales in its mobile division on weak smartphone shipments, amid a stagnant market. Source: Samsung statements
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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Thursday, January 31, 2019
Sales Falls For Samsung Electronics
Samsung Electronics reported a 10% year-on-year fall in revenues for the fourth quarter of 2018 to 59.27 trillion Korean won (53 billion US dollars), driven by declines in its semiconductor and mobile divisions. It blamed the dip in sales in its mobile division on weak smartphone shipments, amid a stagnant market. Source: Samsung statements
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