Samsung Fold Disaster Extends to 60% Q1 Profit Drop for Nightmare 2019

By CCN.com: Following a shock 60 percent drop in profits by Samsung Electronics as reported by FT, woes for the South Korean technology giant continued as the Samsung Galaxy Fold, a $2,000 device released to the market this month, demonstrated serious problems in a scandal that’s been dubbed #peelgate. After one day of use… pic.twitter.com/VjDlJI45C9 — Steve Kovach (@stevekovach) April 17, 2019 Is 2019 a Write-Off for Samsung? Not quite. Samsung Group, the biggest conglomerate