Samsung, the world’s largest smartphone maker, expects its second-quarter earnings to be “not that good,” Chief Financial Officer Lee Sang Hoon said.
Lee’s comments were confirmed by the company after they were first reported by South Korean media. Samsung is expected to post operating profit of 8.4 trillion won ($8.2 billion) in the three months ending June, according to the average of 35 analyst estimates compiled by Bloomberg.
Samsung’s earnings have slipped...
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