20, Mar, 2023
Samsung revenue declines, despite strong Galaxy S10 sales

Samsung

The smartphone slowdown isn’t stinging Samsung as much as some may have predicted, thanks to strong sales from its new Galaxy S10 lineup. Samsung said Monday that its first-quarter financial results were weighed down by weakness in its memory chip and display businesses, but that its newly launched flagship smartphone logged solid […]

An expected downturn in the memory market this year will reportedly shake-up the semiconductor sales leaderboard, and propel Intel back into the pole position. Intel had been the top semiconductor supplier in the world from 1993 to 2016, but a slumping PC market coupled with strong growth from competitors entrenched in ultra-mobile […]

Samsung Q4 guidance shocks: Profit 18% less than the market expected Samsung Electronics said on Tuesday that its fourth-quarter earnings likely decreased sharply due to lackluster demand in its memory chip business as well growing competition in the smartphone segment. The South Korean tech giant predicted operating profit for the […]