Thursday, July 7, 2011

Samsung warns of Q2 profit slump as LCD business dives

Samsung has warned investors to expect a dive in Q2 2011 performance, with the revelation that – despite strong sales of smartphones, like the 3m-selling Galaxy S II – a slump in the LCD business would see profits drop year-on-year by as much as 1.51 trillion won ($1.42bn). The company has promised to reveal full [...]

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