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Samsung’s Q4 profit falls short of expectations as it gears up for early Galaxy S21 launch – Source CNET Tech


Samsung’s colorful Galaxy S20 FE lineup started at $300 less than the regular Galaxy S20 and has been popular. 

Angela Lang/CNET

Apple’s iPhone 12 lineup likely caused a dismal holiday for Samsung. The South Korean electronics giant on Thursday said its fourth-quarter results aren’t as strong as some Wall Street analysts expected. 

Samsung on Thursday said it expects to report a fourth-quarter operating profit of 9 trillion Korean won ($8.2 billion), up from 7.16 trillion Korean won ($6.5 billion) a year ago but below the third quarter’s level of 12.4 trillion…

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Source CNET Tech

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