Samsung Sees Weaker Earnings

October 7, 2011 at 3:11 am PT

Samsung Electronics Co. said it expects weaker third-quarter earnings, reflecting a decline in demand for its computer chips and flat panels, although brisk sales of its smartphones may help offset slower sales of other products.

The relative strength of the Korean giant’s telecom sector underscores the significance of a global legal battle Samsung is currently engaged in with Apple Inc. in which both companies are seeking to block sales of each others’ smartphones and tablet computers. A verdict is expected next week in Australia on whether Apple will win a temporary sales ban on Samsung’s Galaxy Tab, while hearings are also scheduled in the U.S. and The Netherlands in the patent dispute.

Read the rest of this post on the original site »

Tagged with: Apple, earnings, Galaxy Tab, Jung-Ah Lee, Samsung, smartphones, tablets, The Wall Street Journal

comments so far. Add yours.

Must-Reads from other Web sites

The Billion-Dollar Social Media Question

Rita McGrath, Professor, Columbia Business School

Why Facebook Is Killing Silicon Valley

Steve Blank, Entrepreneurship Professor

Reid Hoffman on PayPal’s Pivoted Path to Success

Adam L. Penenberg, Contributing Writer, Fast Company

Schmidt Challenges Grads to Turn Off the Screen for an Hour a Day

Steven Musil, Contributor, CNET

Internet Restrictions: How Much Should We Worry About Our Freedom of Information?

Marianne Mollmann, Senior Policy Advisor, Amnesty International

More Than Just Text

Glenn Fleishman, Contributor, The Economist

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.