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Like Apple, Samsung Feels Sting of Slowed Global Economic Growth

January 8, 2019 4:16 PM
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(NEW YORK) — Samsung expects its quarterly operating profit to fall 29 percent compared with last year, potentially unsettling a tech sector already skittish about slowing global economic growth.

The announcement from the South Korean computer chip and smartphone giant comes less than a week after a weak outlook from Apple Inc. jolted markets.

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