Business

Samsung Electronics#39; second-quarter profit likely halved as Huawei woes worsen chip glut

Samsung Electronics#39; second-quarter profit likely halved as Huawei woes worsen chip glut The quarterly result would be the South Korean firm#39;s lowest in nearly three years, with the prospect of an earnings recovery still some quarters away as a period of oversupply continues unabated amid a broader slowdown in tech markets.

from Moneycontrol Business News
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