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Samsung Says Competition to Blame for Earnings Miss

Started by blogger, August 02, 2014, 09:01:16 AM

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Samsung Says Competition to Blame for Earnings Miss

On Thursday, Samsung disappointed investors and Wall Street analysts when the South Korean tech behemoth once again illustrated that it’s having trouble maintaining its mammoth market share across an increasingly competitive landscape. Reporting earnings for the second quarter of 2014, the company revealed that profit fell 20% from the same quarter of 2013. Revenue also […]

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