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Monday, October 6, 2014

Samsung warns of steep decline in profits in Q3 F2014 guidance






The world's largest phone-maker has issued its guidance for the third quarter of the 2014 fiscal year and warns that there may be a steep drop in profits from a year ago and from the previous quarter. With the guidance, this would be the fourth consecutive quarter that Samsung's profits are slumping. Operating profit could drop by as much as 60 percent.























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