Arduous 2016 for Samsung Electronics, says CEO Kwon Oh-hyun

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New Delhi, Jan. 4 (ANI): South Korean tech giant Samsung Electronics has forecast an arduous business environment this year due to weak global economic conditions.

According to Reuters, Samsung CEO Kwon has warned of greater competition in the firm’s main businesses, including memory chips and smartphones.

“Low global growth will persist this year with greater uncertainty stemming from issues such as financial risks for emerging countries,” Chief Executive Kwon Oh-hyun told the employees in his New Year address. (ANI)

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