Samsung posts fourth-quarter profit drop, warns of weak demand until the second half of 2019

Samsung Electronics announced the biggest drop in its quarterly profits in two years when it published its results today. As Galaxy says in its earnings forecast earlier this month, its results were impacted by slower-than-expected semiconductor demand, which had bolstered its results in previous quarters, even as sales smartphones were weak. Samsung's forecasts were also bad, at least for the first half. Annual profits are expected to decline due to continued weakness in chip demand, but demand for memory and OLED products is expected to improve in the second half of the year. The company's operating profit for the fourth

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