- 2008 and 2009 net profit est lowered by 26% and 29%.

Other headlines for [005930.KS]

• Yesterday 06:26pm
  (KS) South Korean official says that domestic auto, semiconductor, and petrochemical sectors need aggressive measures to deal with crisis- No further details at this time
  
• 12/3/2008 01:27am
  TTN Analysis: Mobile phone sales feel the impact of the slowing global economy- As global consumption begins to slow, the phone market is starting to feel the heat. Research in Motion's recent profit more...
  
• 005930.KS 12/3/2008 00:01am
  Samsung Electronics Targets "slight" growth in handset sales for 2009- Seeking to increase its handset market share to 10% from 8%.
  
• PALM 12/1/2008 04:30pm
  Palm, Inc Reports prelim Q2 R $190M-195M v $331.8Me; To cut jobs; To record a Q2 restructuring charge of $7-9M- The revenue decline vs. the company’s Q1 fiscal year 2009 and Q2 fiscal year 2008 is a result of more...
  
• 005930.KS 11/30/2008 09:21pm
  Samsung Electronics Cuts its 2009 handset sales target by close to 8% to 222.8M units from 242M - Maeil Business- The company's 2008 sales are seen at 200.1M units. - LG cuts its 2009 target by close to 12% to 105.6M more...
  

Technology sector headlines

• ATK Today 08:25am
  Alliant Techsystems Inc Awarded $87M contract to supply non-standard ammunition for Afghanistan- MECAR USA, ADG Texas-based wholly owned subsidiary, will receive orders, potentially in excess of $37M, as a subcontractor to more...
  
• PKI Today 08:17am
  PerkinElmer Inc Price target cut to $22 from $28 at Merrill Lynch
  
• A Today 08:16am
  Agilent Technologies, Inc Price target cut to $20 from $28 at Merrill Lynch
  
• ADI Today 08:13am
  Analog Devices Inc Shares cut of ADI, TXN to underperform at Baird; ALTR, FCS, LSCC, GSIT cut to neutral
  
• CGNX Today 08:05am
  Cognex Corp Adopts shareholder rights plan- In connection with the adoption of the Shareholder Rights Plan, the Board of Directors declared a dividend distribution of one preferred stock purchase right for more...