Samsung's profits decline

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Fears of inflation and recession have led to a decline in the sale of technology products worldwide. This has reduced the demand for products and also reduced the income of manufacturers. According to the latest published figures, the profit of South Korean technology giant Samsung has declined. The company made its lowest profit in the last three months of last year in the last eight years. The global recession has reduced the purchase of daily necessities by ordinary people. This is affecting electronics products. Due to low demand, the profit figures of many technology giants have decreased. Samsung's record profit has decreased in the last three months of last year (October-December). During this time, the company's profit fell by 69 percent, which is the lowest in the last 8 years. In its forecast, Samsung said that its operating profit in the last three months of the outgoing year fell by about $ 3.4 billion.

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