[Asia Economy Reporter Kim Heung-soon] On the 27th, Samsung Electro-Mechanics stated in its Q3 earnings conference call that "In Q4, sales are expected to decline compared to Q3 due to year-end inventory adjustments by set (finished product) manufacturers, but growth compared to the same period last year is expected to continue." They added, "Next year, in addition to issues such as COVID-19, US-China trade conflicts, and semiconductor trade disputes, external environmental uncertainties are increasing due to US tapering and interest rate hikes, rising raw material prices such as oil, and power shortages in China." They emphasized, "While an aggressive business outlook is not easy, there are clearly growth opportunities such as growth momentum from technological inflection points like 5G and expanding demand for AI-related components."
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