Highlights
- Samsung Electronics announced its third-quarter net profit fell 23% year-on-year because of weakness at its display unit amid a faltering global economy.
South Korea's Samsung Electronics announced Friday its third-quarter net profit fell 23 percent year-on-year because of weakness at its display unit amid a faltering global economy.
Samsung, the world's biggest technology firm in terms of revenue, said net profit for July to September fell to 3.442 trillion won ($3.086 billion) from 4.455 trillion a year earlier.
The company recorded a net profit of 3.506 trillion won in the second quarter.