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Samsung Poised for - Ugly' Quarter as Apple Offers Bigger IPhones

2014-10-06 01:40:17| Semiconductors - Topix.net

Samsung Electronics Co. the world's largest smartphone maker, is heading for its roughest quarter in years amid rising competition from Apple Inc. and China's Xiaomi Corp. Analysts have been cutting their profit estimates almost daily, with at least 26 of 42 tracked by Bloomberg reducing their estimates in the past four weeks.

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