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Samsung sees demand weakening from Q2 after solid Q1 results

2020-04-29 08:55:00| Telecompaper Headlines

(Telecompaper) Samsung reported first-quarter revenues up 5.6 percent year-on-year to KRW 55.33 trillion, led by demand for its memory products and premium smartphones. The company said demand started to weaken from the end of the quarter due to the spread of the Covid-19 pandemic, and it expects lower second-quarter results as demand for consumer products such as smartphones and TVs slows.

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