Provided, the stiff competition prevailing in the global
arena, Samsung Electronics has reported its third quarter earnings, representing stark decline in
49 percent compared to the last year. Global profits registered at $3.9 billion,
accordanceiniswhich guidance Samsung
issued. Revenues steeped by almost 20 percent to $45 billion when compared to the third quarter previous year.
business has hit a 3-year low, though it witnessed a rise in the TV and memory divisions. The company is taking each step with great caution, towards the fourth quarter,