SEOUL: Samsung reported its smallest quarterly profit in nearly three years Thursday as its key smartphone business faltered under competition from Apple's iPhone6 and Chinese handset makers in an increasingly saturated market.
Net profit for the South Korean electronics giant amounted to 4.22tril won (RM13.14bil) for July to September, marking a dramatic fall of 48.8% from a year ago, and the lowest figure since the fourth quarter of 2011.
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