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Samsung Elec Second Quarter Profit Below Forecast After S6 Supply Shortage

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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People look at Samsung Galaxy phones during a prelaunch event in SingaporeTech giant Samsung Electronics Co Ltd on Tuesday said April-June earnings will likely miss expectations, deflating hopes for a rapid return to strong growth after supply shortages plagued its latest smartphone launch. The result would be the highest quarterly profit since the second quarter of 2014. Samsung did not offer any details for its estimates and will disclose detailed results in late July.




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