Best Phone Arena - Samsung expects Q4 2014 profits to drop 37% year-on-year, Samsung has declared its earnings steerage for the fourth quarter of 2014, revealing associate operative profit of five.2 trillion won ($4.7 billion), down more or less thirty seventh from the year past quarter, however still higher than the four.06 trillion-won figure it according in Q3 2014, yet as analysts’ expectations of four.9 trillion won.
While the South Korean company’s smartphone business continued to struggle, analysts same that increase in profit compared to Q3 2014 is basically attributable to enhancements in its semiconductor division.
Samsung expects sales to be around fifty two trillion won within the quarter, down 12.3% year-on-year. the corporate can unleash complete monetary results later this month.
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