World Business Watch: Samsung reports lowest quarterly profit since 2014
Edited By WION Video Desk
Published: Jan 30, 2023, 22:24 IST | Updated: Jan 30, 2023, 22:24 IST
Samsung Electronics reported a 69% slump in its profit in the December quarter which is the firm's lowest quarterly profit in nearly a decade. The company's outlook also showed lower profits likely for the first half of the year driven by a broad global economic slowdown and a fall in demand.
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