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Updated: 3 years 31 weeks ago

Samsung’s Q4 Net Profit Drops as Demand is Sluggish for smartphones

Thu, 01/28/2016 - 08:35

Although Samsung's fourth quarter revenue moved up one percent but weak mobile phone and display panel demand did not give the company a big push and that is not expected to alter much in the year.

On Thursday, Samsung announced in Seoul that its Q4 revenue was US $45.5 billion. The company's net profit dropped forty percent.

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