News tagged with global demand

Samsung warns of tough 2016 after 4Q profit sinks

Samsung Electronics reported Thursday a bigger-than-expected decline in fourth quarter earnings as its mainstay smartphone and semiconductor businesses suffered from weakening global demand for consumer electronics.

dateJan 28, 2016 in Business
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SK Hynix misses Q3 analyst estimates

South Korea's SK Hynix Inc. announced a fall in third quarter profits Thursday due to slowing global demand for memory chips that failed to offset orders from Apple for is popular new iPhone.

dateOct 22, 2015 in Business
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