The South Korean technology giant Samsung has prepared to pay its investors in the face of falling prices for memory chips on a disappointing quarter.
Because of the difficult terms and conditions of the profit will be in the first quarter of 2019 is expected to fall below the expectations of the market, it said in a stock exchange notification from the company.
Samsung also pointed to a weaker demand for Displays. The company is the market leader in Smartphones, memory chips and TVs.
Samsung is a profit warning in front of the usual earnings Outlook for the quarter is unusual. The company named no reasons for this. The Outlook for the months of January to March is expected in early April.
However, the South Koreans had already warned at the end of January at the presentation of the Figures for the fourth quarter of 2018 in front of a weaker memory business. As a reason, “macroeconomic uncertainties”, as well as a reduction of inventory at customers were referred to out-of-season factors.
With semiconductors, the group earned the most money. The Surplus fell year-on-year 31 percent to 8.46 trillion Won (6.6 billion euros).
In the business with Displays and Smartphones it has to do Samsung, in turn, with growing competition from China. Given the larger capacity of the Chinese competitors ‘ prices for LCD were like-screens (liquid crystal) stronger-than-expected, – stated in the message on the Seoul stock exchange.
dpa
