Chipmaker Samsung Reduces Sales Forecast For 2008
Posted in Business, News, People, Tech News, General on Apr 2nd, 2008
Chipmaker Samsung Friday trimmed its sales projection for 2008, announcing it expects to increase sales by 10 percent, rather than a previous 15 percent forecasted advance.
The lower expectations are due to what Samsung CEO Jong-Yong Yun said were fiercer global competition, higher worldwide oil prices and a weak dollar.
Despite the cut in sales forecasted for […]