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Samsung says Japanese curbs cloud outlook as profit halves, shares fall

By Ju-min Park and Heekyong Yang

Aug 1 2019 6:59AM

Delays plans to return money to shareholders due to "significant new challenges."

Samsung says Japanese curbs cloud outlook as profit halves, shares fall

Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to "significant new challenges." The South Korean tech giant also posted a 56 percent plunge in June-quart...

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