Samsung Profit Slips as Coronavirus Hurts Phone, Gadget Demand

Apr.28 — Samsung Electronics Co. Ltd. is warning second quarter earnings may decline as demand for consumer electronics and phones falls amid the coronavirus pandemic. That could trim any gains coming from memory chip demand. Bloomberg’s Stephen Engle reports on “Bloomberg Daybreak: Asia.”


In This Story: Samsung

Samsung Electronics Co., Ltd. is a South Korean multinational electronics corporation headquartered in the Yeongtong District of Suwon. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group’s revenue in 2012.

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