Samsung Forecasts Worst Profits in Over a Decade as Tech Slump Hits Memory Chips

Samsung Forecasts Worst Profits in Over a Decade as Tech Slump Hits Memory Chips

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SEOUL— Samsung Electronics Co. said it expects a steep fall in its first-quarter profit, dropping to levels last seen during the financial crisis as an extended slump in the tech sector hits its memory-chip business hard. Samsung said Friday that its operating profit for the January-March quarter…

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