You are here

Samsung offers a glimpse of 2016's tech slowdown

samsung.jpg
At least 10 analysts reaffirmed their "buy" recommendations on Samsung Electronics Co after its fourth- quarter earnings miss, estimating that the world's largest smartphone maker could climb more than 40 per cent in the coming year.

Seoul

SAMSUNG's disappointing year-end is a preview of this year's tech slowdown. The world's largest smartphone and memory group said on Jan 8 that operating profit for the fourth quarter was 6.1 trillion won (S$7.3 billion), below expectations. Weaker demand for its gadgets is a likely