Samsung Electronics’ operating profit slid nearly 70 per cent in the fourth quarter to an eight-year low, according to its preliminary numbers, highlighting how a slowing global economy is crushing demand for semiconductors and electronics products.
The world’s largest producer of memory chips, smartphones and TVs said customers were clearing their inventories and the decline in demand for its chips and their fall in price were greater than expected.
Consumer interest in its handsets also waned. “Smartphone sales and revenue decreased due to weak demand resulting from prolonged macro issues,” it said.
您已阅读17%（607字），剩余83%（2885字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。