#filed-later

Samsung Electronics flags 25% plunge in Q2 profit

Samsung estimated Tuesday that its operating profit would plunge nearly 25 percent on year in the second quarter of 2014, as cheap Chinese devices and a strong won hammered down its share of the global smartphone market. Samsung did not provide net income or details of division earnings ahead of the official earnings report to be filed later this month.

Link: Samsung Electronics flags 25% plunge…