Ron Burgundy Posted January 28, 2016 Share Posted January 28, 2016 By Se Young Lee SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd warned on Thursday of possible weaker earnings this year due to softer sales of gadgets such as smartphones, a trend that is also hurting rival Apple Inc and major chipmakers. The South Korean firm's warning came a day after Apple shares fell more than 6.5 percent, the biggest percentage drop in two years, as the iPhone maker forecast its first quarterly sales drop in 13 years. Slowing economic growth in China and weaker emerging market currencies are undercutting sales of electronics ranging from televisions to personal computers, spelling trouble not only for Samsung and Apple but also for their suppliers and the broader industry. View the full article Quote Link to comment Share on other sites More sharing options...
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