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Aug
Aug
Samsung Electronics says that profits for the three months that ended June more than halved from a year earlier due to falling memory chip prices.
The world’s largest smartphone maker says its operating profit was 6.6 trillion Korean won ($5.6 billion), down 55.61% from the same period a year ago. Its consolidated sales came in at 56.13 trillion won.
Those numbers are slightly better than the guidance the company had provided earlier this month.