{"id":46903,"date":"2013-10-01T09:00:07","date_gmt":"2013-10-01T07:00:07","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=46903"},"modified":"2013-10-01T09:13:14","modified_gmt":"2013-10-01T07:13:14","slug":"samsung-not-worried-about-emerging-market-issues","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/46903\/samsung-not-worried-about-emerging-market-issues\/","title":{"rendered":"Samsung not worried about emerging market issues"},"content":{"rendered":"<p>Volatility in emerging market currencies would not have a big impact on Samsung Electronics Co Ltd&#8217;s home appliances business, a senior executive said on Tuesday.<\/p>\n<p>&#8220;Plunges in emerging market currencies were an issue of concern until recently but they have started stabilizing &#8230; and our global business portfolio is helping us offset weakness in such markets,&#8221; Eom Young-hoon, executive vice president of sales and marketing at Samsung&#8217;s Digital Appliance business told reporters.<\/p>\n<p>Samsung shares have come under pressure due to concerns that falling emerging market currencies and a rise in U.S. dollar-based raw material costs would squeeze profits of its television and consumer electronics business in the third quarter.<\/p>\n<h3 class=\"my-4\">More on Samsung<\/h3>\n<p><a title=\"Samsung faces $18.3 billion fine\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/45580\/samsung-faces-18-3-billion-fine\/\"><strong>Samsung faces $18.3 billion fine<\/strong><\/a><\/p>\n<p><a title=\"Apple, Samsung patent fued continues\" href=\"http:\/\/businesstech.co.za\/news\/general\/43944\/apple-samsung-patent-fued-continues\/\"><strong>Apple, Samsung patent fued continue<\/strong><\/a><\/p>\n<p><a title=\"Samsung unveils Galaxy Gear smartwatch\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/45330\/samsung-unveils-galaxy-gear-smartwatch\/\"><strong>Samsung unveils Galaxy Gear smartwatch<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volatility in emerging market currencies would not have a big impact on Samsung Electronics Co Ltd&#8217;s home appliances business, a senior executive said on Tuesday.<\/p>\n","protected":false},"author":7,"featured_media":935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[25,6761,52],"class_list":["post-46903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-active","tag-emerging-market","tag-samsung"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=46903"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46903\/revisions"}],"predecessor-version":[{"id":46908,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46903\/revisions\/46908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/935"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=46903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=46903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=46903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}