Samsung Electronics (SSNHY), the world’s biggest maker of TVs, expects weaker fourth quarter earnings because of lower prices and a stronger South Korean won.
The fourth quarter will see “severe” competition in TV prices, Samsung said, according to Bloomberg News. There will be excess supply in the computer-memory chip market and persistent low prices in the market for liquid-crystal displays,…
Continue reading Samsung Forecasts Weaker Fourth Quarter on Falling Prices
Samsung Forecasts Weaker Fourth Quarter on Falling Prices originally appeared on DailyFinance on Fri, 29 Oct 2010 08:05:00.
Filed Under: Company News, Technology, Earnings, Media, Retail, Samsung