samsung posts 389 fall in q1 net profit
Last Updated : GMT 13:24:38
Arab Today, arab today
Arab Today, arab today

Samsung posts 38.9$% fall in Q1 net profit

Arab Today, arab today

Arab Today, arab today Samsung posts 38.9$% fall in Q1 net profit

Samsung Electronics posted a 38.9% fall in the first quarter net profit
Seoul - Arab Today

Samsung Electronics posted a 38.9 percent fall in the first quarter net profit Wednesday as the world's top handset maker continued to battle competition from archrival Apple and smaller Chinese rivals.

Net profit for January to March amounted to 4.6 trillion won ($4.3 billion), down 38.9 percent from a year earlier, the South Korean firm said in a statement.

 

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