Samsung warns of slowing growth, seeks to recover from costly Note 7 failure

Seoul

SAMSUNG Electronics Co sees growth slowing in key markets and uncertainties increasing around trade protectionism and currency fluctuations.

In his annual New Year's speech on Monday, Samsung vice-chairman and co-chief executive officer Kwon Oh Hyun urged employees to learn from costly failures as the consumer electronics giant seeks to recover from 2016's bruising debacle surrounding the Note 7 smartphone.