(MENAFN) South Korean tech giant Samsung said that it expects its operating profit in 2013's last quarter to drop, The Peninsula reported
Samsung said that operating profit in the period is expected to fall to USD7.8 billion, dropping 18.3 percent from the quarter before it and 6.1 percent from the same period a year earlier
An analyst at E* trade Securities said: "Samsung has constantly expanded sales, but now the (handset) market demand appears to have reached a limit.
As of the third quarter of last year, Samsung has a share of 38.8 percent in the smartphone market, making the leading in the global market, followed by Apple with 13.1 percent
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