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

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

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

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...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Log In

Username / Email:
Password:
  |  Forgot your password?