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Profits

World news about “Profits” published by euronews.

07/10 19:07 CET

Samsung warns of earnings decline, but cheaper smartphones should boost profits

Samsung warns of earnings decline, but cheaper smartphones should boost profits

Samsung is going through difficult times as it heads for its first annual earnings decline since 2011. It has said profit between July and September will be the lowest in more than three years amid uncertain short-term prospects for smartphone sales. However, its shares rose…