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Samsung Cuts Profit Guidance by 33%

May 24, 2023
in Trade Tube
Reading Time: 1 min read
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Smartphone maker Samsung has cut its profit forecast by 33%. It puts the blame squarely on its crisis with the Galaxy Note 7. The phone’s batteries have been catching fire. Samsung now says its profit from July to September will be $4.6 billion. Cybersecurity company Fortinet

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