Scalper1 News
Samsung Electronics said first-quarter earnings likely fell 30% vs. a year earlier to 5.9 trillion won ($5.4 billion). That’s the sixth straight year-over-year decline, but moderating from Q4’s 36% fall and Q3’s 60% tumble. Analysts had expected roughly a 35% retreat. The South Korean tech giant’s sales fell 12% to 47 trillion won ($43.2 billion). Samsung will release full earnings results later this month. Samsung smartphones have been squeezed Scalper1 News
Scalper1 News