SEOUL: Samsung Electronics Co Ltd, the world's top maker of memory chips, described the outlook for its key businesses as “not good” yesterday due to slower global economic growth and sluggish domestic consumption.
The technology powerhouse that makes everything from chips to flat screens and mobile phones, also told shareholders at its AGM it had not yet decided whether to buy into a US$1.2bil share sale by its cash-strapped credit card unit.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!