Samsung Electronics posted its biggest April-June profit since 2018. Samsung’s semiconductor profits in the 2nd quarter have also benefited from a strong dollar. Slowing smartphone sales have been caused by factors such as rising prices etc. Samsung Electronics Co., Ltd. of South Korea posted its biggest April-June profit since 2018, supported by robust sales of … Read more
Samsung Electronics turns in its best April-June profit since 2018 with an 11% year-on-year rise. Lagging demand for memory chips from server customers offset lower sales to smartphone makers. Operating profit rose to 14 trillion won ($10.73 billion) from 12.57 trillion won a year earlier. Samsung Electronics Co Ltd (005930. KS) turned in its best … Read more
South Korean tech giant Samsung has been the leader of memory chips for three decades, but now Samsung’s supremacy might not continue further. As per reports, there are some new emerging rivals who have made the competition in memory chips much harder. Samsung has held the market share of 41 percent in the Q4 of … Read more
