Samsung forecasts decline in Q4 operating profit to ~$9.65B, below analyst estimates of ~$12.4B, due to weak memory chip demand and competition in smartphones (Sam Kim/Bloomberg)

Sam Kim / Bloomberg:
Samsung forecasts decline in Q4 operating profit to ~$9.65B, below analyst estimates of ~$12.4B, due to weak memory chip demand and competition in smartphones  —  Samsung Electronics Co. posted fourth-quarter profit below estimates as demand for memory chips slumps amid deteriorating relations between the U.S. and China.

from Techmeme http://bit.ly/2GYUfBx