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Samsung probably won't be harmed by the decline in China



The investor's confidence in Samsung Electronics fell on Thursday as a downward adjustment in Apple's first-quarter indicative share price for its suppliers.

percent of China's mobile phones, so it's less prone to Asia's biggest economy. [19659003] And on the chip side of Samsung's bus China's ambition to build up its domestic semiconductor industry – part of the Made in China 2025 plan – can slow down because of Beijing's ongoing e trade war with Washington.

"That means Samsung will continue to be the dominant player in this business for a long time," he said.

The production of memory chips used in smartphones and data centers is a high-value business for Samsung. Samsung sent a 21 percent increase in profits.

Samsung, an important component supplier to Apple, as well as a competitor in the smartphone market, fell 1.81 percent in the morning meeting, and falls behind the broader Kospi index in South Korea.


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