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Mon, Oct 22, 2001 - Page 21 News List

Samsung likely to report profit decline

MEMORY MARKET The South Korean manufacturing giant is likely to announce that its profits for the third quarter were cut in half as a result of weak demand

BLOOMBERG , SEOUL

Prices of the flat display panels used as computer displays and televisions have slumped this year as demand for personal computers and home electronics fell. Samsung said on average the price of the industry-standard 15-inch screen has fallen more than 40 percent this year.

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