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Samsung forecasts slower Q4 after smartphones drive jump in Q3 results
2020-10-29 08:33:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a strong increase in third-quarter results, led by a 50 percent sequential increase in mobile phone sales. While demand recovered in Q3 from the Covid-19 effects earlier in the year, Samsung said it expects profit to fall in Q4,�amid weakening memory chip demand from server customers and intensifying competition in mobile phones and consumer electronics. [ more ]
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Category:Telecommunications