Around the Net

Samsung Q2 Revenue Slows

  • CNBC, Tuesday, July 31, 2018 6:55 PM
Samsung reported lackluster second-quarter earnings due to slowing smartphone sales on Tuesday. “Operating profit for the world’s biggest chipmaker and smartphone maker rose 5.7% to 14.9 trillion won ($13.3 billion) in the second quarter,” CNBC writes. “The Apple components supplier and smartphone rival said operating profit from the mobile business sank 34% from a year ago, and warned of stiffer competition in the second half.”

Read the whole story at CNBC »

Next story loading loading..