Samsung Issues Downbeat Earnings Guidance, May See First Profit Decline In Three Years

 Last year was a hard one for Samsung Electronics and it doesn’t look like 2015 will be much better. The company just issued earnings guidance for the fourth quarter of 2014 saying that its operating profit will 5.2 trillion won (about $4.74 billion), which means that its profit for the year is likely to be 25 trillion won, the lowest in three years. Read More