Samsung's Q1 profit drops 60% from last year

Amid falling memory chip prices and weak demand for display panels, Samsung Electronics Co. on Friday said its operating earnings went down by more than 60 per cent in the first quarter from a year earlier.

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Amid falling memory chip prices and weak demand for display panels, Samsung Electronics Co. on Friday said its operating earnings went down by more than 60 per cent in the first quarter from a year earlier.