
Samsung announced on Tuesday, that it expects to report its second consecutive quarter with a decline in operating profit. For the three months ended March 31st, the Korean company is expected to report that Q1 operating profits declined in a range of 2.1% to 6.6% from a year earlier. For the prior three month period, the Korean tech firm announced a 6% drop in operating profits. That was the first year-over-year decline in Samsung's operating profits in two years. Analysts blame the lower earnings on the competition in the smartphone market that has dropped the average price for Samsung's smartphones.
Samsung ...
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