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...

from Gadgets 360 https://ift.tt/0NOPh5A

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...