Samsung Electronics extends fall to more than 4%

The second-quarter earnings estimates released on Friday failed to meet market forecasts, fuelling concerns about growth in its smartphone business

Samsung Electronics Co Ltd's shares extended falls to more than 4% after its second-quarter earnings estimates released on Friday failed to meet market forecasts, fuelling concerns about growth in its smartphone business.

Shares in Samsung Electronics were down 4.3%  at 1.212 million won as of 0205 GMT, after falling to as low as 1.211 million won earlier in the session, a 10-month intraday low.