Reuters logo
9 months ago
S.Korea economy will meet 2016 growth f'cast despite Samsung Note 7 risk-finmin official
October 17, 2016 / 5:51 AM / 9 months ago

S.Korea economy will meet 2016 growth f'cast despite Samsung Note 7 risk-finmin official

1 Min Read

SEOUL, Oct 17 (Reuters) - South Korea's economic growth is still expected to meet the government's expecattions this year, although recent strikes at Hyundai Motor Co and the discontinuation of Samsung Electronics Co Ltd's Note 7 sales pose downside risks, the deputy finance minister said on Monday.

Lee Chan-woo told a news briefing on Monday that Samsung Electronics' troubles could have a negative impact on the country's growth, particularly in the third and fourth quarters.

Reporting by Christine Kim; Editing by Kim Coghill

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below