Samsung denies TV crisis, flags China challenges

Posted 3 hours ago by

The korea Herald News

Samsung Electronics pushed back against market speculation of a crisis in its TV business, saying concerns are overstated despite ongoing challenges. Yong Seok-woo, head of the company’s visual display division, said Wednesday that reports of a downturn were “exaggerated,” stressing the business remains stable. “While the hardware segment faces pressure from competition and geopolitical factors, the (visual display) business is not in a difficult situation as some fear,” Yong said at Samsung's T