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Samsung faces growing headwinds as Japan's export controls kick in

Tighter regulation hits 'vulnerable spot' for South Korean technology group

Samsung has so far received only limited tail-wind benefits related to the U.S. limitations on American companies doing business with Chinese smartphone rival Huawei.   © Reuters

SEOUL -- Samsung Electronics is losing ground as demand for memory chips and smartphones slowed in the face of a trade war. Its consolidated operating profit for the quarter ended June fell 56% compared with the same period a year ago, following a 60% plunge in the previous quarter.

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