{"id":28330,"date":"2019-01-08T20:22:45","date_gmt":"2019-01-08T20:22:45","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=28330"},"modified":"2019-01-08T20:22:45","modified_gmt":"2019-01-08T20:22:45","slug":"its-not-just-apple-samsung-is-hurting-too","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=28330","title":{"rendered":"It&#8217;s not just Apple. Samsung is hurting, too"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">Hong Kong (CNN Business)<\/cite>Samsung is the latest tech giant to warn that its business is suffering. <\/p>\n<div class=\"zn-body__paragraph speakable\">The South Korean company said Tuesday that its fourth-quarter operating profit is set to plunge nearly 30% from a year earlier, well below analysts&#8217; forecasts. It blamed the sharp drop on &#8220;lackluster demand&#8221; for its memory chips and &#8220;intensifying competition&#8221; in the smartphone industry.<\/div>\n<div class=\"zn-body__paragraph speakable\">Samsung&#8217;s guidance comes after Apple (<a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=AAPL\" target=\"_blank\">AAPL<\/a>) set off alarm bells last week by <a href=\"https:\/\/www.cnn.com\/2019\/01\/02\/tech\/apple-iphone-sales-guidance\/index.html\" target=\"_blank\">warning that it will sell fewer iPhones than previously expected<\/a>, mainly because of disappointing demand in China amid an ongoing trade war with the United States. <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong (CNN Business)Samsung is the latest tech giant to warn that its business is suffering. The South Korean company said Tuesday that its fourth-quarter operating profit is set to plunge nearly 30% from a year earlier, well below analysts&#8217; forecasts. It blamed the sharp drop on &#8220;lackluster demand&#8221; for its memory chips and &#8220;intensifying&hellip;<\/p>\n","protected":false},"author":10,"featured_media":28331,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-28330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/28330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28330"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/28330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/28331"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}