Samsung issues weaker than expected profit forecast
Samsung has estimated an operating profit of 9.5 trillion and most of the analysts has hit many guesses to the same but the result proved them wrong. Samsung has developed and released smartphones which have complicated technologies that have changed the user experience and the demand of people wanting more. Samsung shares fell 3.8% after the profit guidance.
Lee Sei-chul ( Analyst at Meritz Securities ) says ;
Byun Han-Joon ( Analyst at KB Investment & Securities ) says ;
Jung Sang-Jin ( Fund Manager at Dongbu Asset Management ) added ;