What is happening: Samsung have scaled back its guidance of late, following recent similar activities surrounding Apple.
Why is this happening: The company blame global uncertainty and lacklustre demand for the 29% drop in Q4 operating profits.
Smartphones: Canalys claim global smartphone shipments have fallen for four quarters in a row now. Global semiconductor sales are also dropping.
Apple: This comes after Apply announced worryingly weak iPhone sales in China.
Samsung: The South Korean company are far more than a maker of smartphones. Samsung provide tech for some of the largest electronics companies in the world.
Airfreight: These worrying statistics may also be the reason for recent below-average airfreight shipping numbers.