SEOUL -- Samsung Electronics' operating profit fell by 29.2% to 6.5 trillion won ($4.5 billion) in the fourth quarter from the previous three months, falling well short of expectations as the downturn in the memory chip industry deepens.
The world's biggest memory chipmaker said revenue dropped 5.2% to 75 trillion won during the same period in its earnings guidance. Samsung will announce its full earnings data later this month.
