, Columnist
Samsung Fails to Deliver the Expected Sunshine
Weakness in its strongest divisions shows that the South Korean giant can’t be lumped with its rivals.
Samsung’s earnings didn’t reflect the rebound in its rivals.
Photographer: Jung Yeon-je/AFP/Getty
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Samsung Electronics Co.’s earnings report and outlook reflect doom and gloom. Many are surprised. Positive signs from chip rival Taiwan Semiconductor Manufacturing Co. and smartphone stalwart Apple Inc. had fed the belief that the South Korean giant would put the worst behind it.
The key takeaway here is that a rising tide doesn’t lift all boats.