Friday, 24 March, 2023

Samsung's CEO Han Jong-hee Expects Economic Woes To Continue This Year

<p>Samsung&#39;s chief executive has said macroeconomic challenges will persist throughout this year, amid sluggish demand, rising materials and logistics costs. South Korean tech giant released a disappointing earnings guidance for the October-December period. It forecast operating profit in the fourth quarter to plunge 69 percent from a year ago to $3.4 billion, compared with 13.87 trillion won from the year-ago period.</p> <quillbot-extension-portal></quillbot-extension-portal>