Samsung warns profit could half on weak chip and display demand

The world leader in smartphones and chips has released a profit warning for its Q1 results, due to be announced next month. Analysts estimate its operating profit could halve from a year ago.
The company announced that it would miss market expectations, due to hard hits for sales in its key display and semiconductor business units. “The company expects the scope of price declines in main memory chip products to be larger than expected,” said Samsung.
Semiconductor and display ha