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Samsung Value Slumps $15 Billion on Shrinking Earnings
Samsung Value Slumps $15 Billion on Shrinking Earnings
Samsung Electronics Co. (005930) slumped a second day in Seoul, pushing the loss of market value for the world’s biggest smartphone maker to $15 billion since posting its smallest profit in two years.
Continued here: Samsung Value Slumps $15 Billion on Shrinking Earnings
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Samsung Suspends Supplier Amid Child Labor Claims
Samsung Suspends Supplier Amid Child Labor Claims
The world's biggest smartphone maker said it would permanently cut all ties with the supplier if the allegations were true.
See the original post here: Samsung Suspends Supplier Amid Child Labor Claims
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Samsung Profit Misses Estimates as Cheap Phones Struggle
Samsung Profit Misses Estimates as Cheap Phones Struggle
Samsung Electronics Co. (005930) posted second-quarter profit that missed analysts’ estimates as the world’s biggest smartphone maker loses market share to Apple Inc. (AAPL) and less expensive devices from Chinese manufacturers.
Read more: Samsung Profit Misses Estimates as Cheap Phones Struggle
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