Samsung, Stung by Trade War, Expects a Big Plunge in Profits

Source: https://www.nytimes.com/2019/07/05/business/samsung-earnings-trade-war.html?emc=rss&partner=rss
July 05, 2019 at 09:18PM

The technology giant predicted a 56 percent drop in quarterly operating profit, as the trade war between the United States and China caused havoc in the computer chip and smartphone markets.