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BUSINESS

Samsung Electronics Sees Signs of Recovery in Memory Chip Market with Q3 Profit Beat

Samsung, the South Korean tech giant, reported a preliminary third-quarter profit drop of 78%, which, while significant, is not as severe as expected. This, according to experts, is…

PRANEETHA BANDARU — 2 MIN READ
BUSINESS

Chip sales likely to boost Samsung revenues even as smartphone sales plummet

Samsung Electronics has released its first earnings guidance for the year and if the figures are to be believed, the Korean giant has been relatively unfazed by the…

SAJID SALEEM — 1 MIN READ
BUSINESS

Samsung expects Q4’19 profit drop to be less harsh than expected as chip prices stabilize

The chip industry has been in recession for a long time now. Ever since the first halt of 2018, weak global economy restricted spending by data centre customers,…

UPNEET SINGH — 2 MIN READ
BUSINESS

Samsung reports 56% drop in profits in Q2 2019 dragged by data center business, low iPhone sales

Things aren’t as bright and shiny as they used to be for Samsung. The Korean electronics giant announced the second quarter 2019 financial results on Wednesday, with most…

SHREYES MADGAONKAR — 2 MIN READ
APPLE

Samsung Looses $44 Billion In Market Valuation As Overall Smartphone Market Sales Slump

All is not Nothing is going well for Samsung as the year progresses towards it’s fourth quarter. It’s revenue generating mainstay – the Galaxy range of smartphones — despite an…

ZUBER AHMAD — 2 MIN READ
Samsung

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