Samsung’s profits fall by half in third quarter
09 November 2019 |
3:46 pm
Samsung Electronics was upbeat on Thursday even though it reported that third-quarter operating profit more than halved due to low prices of memory chips, saying chip sales should pick up next year.
Related
Related
13 Oct 2017
Samsung Electronics' Vice Chairman and Chief Executive Officer Kwon Oh-hyun is stepping down after more than three decades at the company, saying he's making way for new leadership.
5 Oct 2018
Daniel Woo, head of global strategy at Kiwoom Securites, breaks down Samsung Electronics' results. The company posted profit that topped estimates on resilient sales of memory chips, easing concerns about a dropoff in demand.
29 Apr
As South Korean President Yoon Suk-yeol heads to Washington for a visit, the Financial Times is reporting that the White House has asked Seoul to urge its chipmakers (Samsung Electronics and SK Hynix) not to fill the China shortfalls of US rival Micron in the event of a ban by Beijing. Such a move would be the latest in an escalating tech rivalry between the United States and China. Also in this edition, we take a closer look at Chile's decision to nationalise its lithium supply.
Latest
59 mins ago
Evan Gershkovich was arrested in late March in Russia on espionage charges. The court extended his pre-trial detention until January 30.
59 mins ago
France will ban smoking on beaches and public parks, the country's health minister said on Tuesday, presenting a series of measures as the government looks to prevent 75,000 tobacco-related deaths per year. The measures — part of a government plan to combat smoking — aim to create a “tobacco-free generation by 2032.”
59 mins ago
In 1940, during World War II, a group of tirailleurs – soldiers from what were then French colonies – fought the invading German army. In France's Rhône region, just outside of Lyon, these brave men faced the enemy. Many were taken prisoner and ruthlessly executed. A military cemetery has been erected in their honour, taking the form of a traditional Senegalese burial ground.
2 hours ago
A government with seemingly unlimited power, a weak and divided opposition and a rebellious former PM accused of corruption are destabilizing Albanian politics and have led to incendiary scenes in parliament.
2 hours ago
Thailand has welcomed the return of a majority of its citizens who'd been held captive in Gaza, while also observing a minute of silence for the 39 others killed during the October 7 Hamas attacks. Thais made up the largest non-Israeli group among the hostages. In order to recover some of these migrant workers, the government turned to Iran for support. We tell you more.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.