Mar 26, 2019 - Technology
Samsung warning shows continued softness in consumer electronics
- Ina Fried, author of Axios Login
Photo: Samsung
Samsung Electronics warned on Tuesday that its first quarter profits will fall short of expectations amid weakness in its chips and display businesses.
Why it matters: The shortfall is in Samsung's component business, indicating that the issue extends well beyond Samsung's own consumer electronics products and suggests sluggishness throughout the industry.