Thursday, October 6, 2022

Samsung Q3 Profit Set to Decline 25 Percent Amid Reduced Demand, Analysts Say

Samsung's Q3 profit is expected to decline by 25 percent, according to analysts. One of the world's largest chip manufacturers could see the first decline in profits in three years, amid rising inflation, fears of recession, and uncertainty about the fallout from Russia's invasion of Ukraine. Until the latest quarter, robust demand for devices as people were forced to...

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...