Samsung estimates quarterly profit sank to 8-year low on demand slumpSamsung had said in October that it did not expect much change to its 2023 investments. Analysts said that Samsung has a history of not ann...
06 Jan, 2023, 08.21 AM IST
Samsung's quarterly profit set to hit 6-year low as consumers hunker downSamsung, as the world's biggest maker of memory chips, smartphones and TVs, is a bellwether for global consumption trends. It is expected t...
05 Jan, 2023, 04.39 PM IST
Samsung's earnings slump on rapid drop-off in chip demandCompanies and consumers have tightened their belts, with memory chip buyers such as smartphone and PC makers holding off on new purchases a...
07 Oct, 2022, 08.42 AM IST
Samsung Elec posts higher Q2 profit on strong server-chip demandSamsung's chip profits were shielded last quarter from what analysts think is a looming glut at customers after high demand in the past two...
07 Jul, 2022, 08.03 AM IST
Samsung likely to report best Q1 profit since 2018 due to chip businessSamsung will most likely release its first-quarter profits on Thursday. Reports state that it could be the best quarter since 2018. The mem...
05 Apr, 2022, 08.16 PM IST
Samsung Electronics Q4 profit jumps on server chip demand, foundry marginsThe world's largest memory chip and smartphone maker estimated October-December profit at 13.8 trillion won ($11.5 billion), which would be...
07 Jan, 2022, 08.18 AM IST
Samsung likely to report best Q4 profit on solid chip demandOperating profit for the world's biggest memory chip and smartphone maker will likely hit 15.2 trillion won ($12.7 billion) in the quarter ...
05 Jan, 2022, 08.40 AM IST
Hyundai Motor's Q3 profit misses estimates as chip shortage takes a tollHyundai, which together with affiliate Kia Corp is among the world's top 10 automakers by sales, reported a net profit of 1.3 trillion won ...
26 Oct, 2021, 11.17 AM IST
Rising chip prices fuel Samsung's best quarterly profit in three yearsSamsung Electronics estimated its July-September profit at 15.8 trillion won ($13.3 billion), below a Refinitiv SmartEstimate of 16.1 trill...
08 Oct, 2021, 10.03 AM IST
Samsung Electronics likely to report best quarterly profit in three yearsOperating profit for the world's biggest memory chip and smartphone maker likely jumped to $14 billion in the quarter ended September, acco...
06 Oct, 2021, 12.11 PM IST
Samsung Electronics earnings preview: Q2 profit likely up 38% on strong chip pricesOperating profit for the world's biggest memory chip and smartphone maker likely jumped to 11.3 trillion won ($10 billion), according to a ...
06 Jul, 2021, 01.06 PM IST
Hyundai Q1 profit triples, to adjust May auto production due to chip shortageUnlike its rivals, the South Korean automaker staved off production halts in the first quarter, thanks to a healthy chip inventory. But the...
22 Apr, 2021, 01.12 PM IST
H&M says one fifth of stores still shuttered by pandemicH&M, the world's second-biggest fashion retailer, is due to report sales for the December-February period, its fiscal first quarter, on Mar...
11 Mar, 2021, 02.33 PM IST
Toyota posts 54% rise in Q3 operating profit, hikes full-year forecastJapan's Toyota Motor Corp on Wednesday reported a bigger-than-expected 54% jump in third-quarter profit and jacked up its full-year earning...
10 Feb, 2021, 11.33 AM IST
SoftBank posts Q3 profit gain of 20 times, beating estimatesDuring the third quarter net profit ballooned more than 20 times to 1.17 trillion yen ($11.09 billion). That compared with an estimate of 1...
08 Feb, 2021, 01.22 PM IST
Samsung's profit likely at 2-year high after Huawei chip orders, phone recoveryThe South Korean tech giant said on Thursday operating profit was likely 12.3 trillion won ($10.6 billion) for the three months ended Septe...
08 Oct, 2020, 09.32 AM IST
Nintendo reports 428% jump in profit as Animal Crossing sales top 22 millionOperating profit for April-June was 144.7 billion yen ($1.37 billion). That compared with an average estimate of 71 billion yen from 12 ana...
06 Aug, 2020, 01.04 PM IST