Mar 26, 2019 - Technology

Samsung warning shows continued softness in consumer electronics

Samsung's offices in San Jose, Calif.

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.

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