Samsung Q1 Net Profit Down 39%
As expected, Samsung Electronics reported a 38.8% year on year drop in net profit in the first quarter of the year to KRW4.6 trillion ($4.3 billion), from KRW7.6 trillion ($7.1 billion) in Q1 of 2014. Turnover was 12.2% lower YoY at KRW47.1 trillion ($44 billion) from KRW53.7 trillion ($50.1 billion). Samsung’s display panel business achieved … Read more