Samsung eyeing weak first-quarter results
Samsung's first quarter is likely to show an increase in sales but a drop in operating profits due in part to weaker demand for its LCDs.
Although actual results will be announced at month's end, Samsung today offered a peek at its first quarter. The Korean electronics company estimated that operating earnings for the quarter ended March 31 would fall to between 2.7 trillion won ($2.5 billion) and 3.1 trillion won, down from 4.4 trillion won in in the year-ago quarter.
Sales are expected to rise to between 36 trillion and 38 trillion Korean … Read more