Samsung forecasts massive Q1 profit decline, still earning $5.5 billion in three months

Samsung is not only the world’s top smartphone vendor, but also the number one chipmaker and the largest television manufacturer out there. Despite all these incredible accomplishments and supremacy over several branches of the tech industry, the company seems to be going through somewhat of a rough patch.

While we’re obviously not talking about the kind of trouble LG or Sony’s mobile divisions have been facing for a number of years now, it’s certainly worrying when quarterly profits go down 60 percent over the course of 12 months. Samsung’s full Q1 2019 financial results are …

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