The Business Times
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Samsung disappoints as iPhone screens prove no match for rising won

Published Tue, Jan 9, 2018 · 09:50 PM

Seoul

SAMSUNG Electronics Co missed analyst profit estimates as South Korea's surging currency and year-end bonuses outweighed display orders from Apple Inc for the new iPhone X.

Operating income was 15.1 trillion won (S$18.9 billion) in the three months ended December, missing the average of estimates by one trillion won. Shares fell in Seoul after the result.

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