Samsung Electronics Co. will likely report lower-than-expected earnings for the second quarter, hit by flagging demand for TVs and slumping display prices, analysts said Wednesday. Samsung, Asia's largest maker of smartphones, TVs, chips and display panels, is estimated to have earned 3.35 trillion won (US$3.14 billion) in the April-June period, compared with 4.28 trillion won a year earlier, according to the median estimate of 20 analysts polled by Yonhap Infomax, the financial news arm of Yonhap News Agency.
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All rights reserved to Arab Today Media Group 2021 ©
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