Retail Asia07/02/2020
6min0
The world’s biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profits, blaming weakening demand in key products and falling chip prices. Net profits in the October-to-December period were 5.23 trillion won ($4.4 billion), down 38 percent from a year ago, it said in a statement. “Fourth-quarter profit dropped from a year earlier […]