Samsung's Turn

Korean giant Samsung Electronics makes and sells a lot of cell phones, TVs, computer chips, computers, set top boxes, appliances and disk drives.

The wave of negatives continues today as their head of investor relations said,

"Obviously there's a seasonal impact kicking in, but that's being greatly offset this year by the slowdowns in demand especially from markets in the U.S. and Europe. Emerging markets are still growing at a quite good pace, but sooner or later those emerging markets will be impacted. We envisage the seasonal pickup during the second half to be not as conspicuous as in normal years. We are bracing for difficult times going forward.''

Tough year we're having.