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Evening Standard
Evening Standard
Technology
Martyn Landi

Samsung warns US tariffs will hit demand for electronics

Samsung warned that US tariffs will affect demand for its products, including smartphones and chips, as it released it latest financial results.

The South Korean electronics giant posted what it said was record quarterly revenue of £41.6 billion for the three months to March 31, and saw operating profit rise 1.5%, which the firm said was down to strong phone and semiconductor sales – both markets in which it is among the global leaders.

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