Monday, January 30, 2023

Samsung Expects Smartphone Demand to Decline YoY as Firm Reports 69 Percent Plunge in Quarterly Profit

Samsung on Tuesday said persistent macroeconomic uncertainty will make for a tough first half year as the world's biggest maker of memory chips and smartphones reported a 69 percent plunge in fourth-quarter profit, its lowest quarterly profit since 2014. Consumer demand for electronic devices has dropped as clients spend less in a weak economy, dragging down memory ch...

from Gadgets 360 https://ift.tt/9yuilCh

No comments:

Post a Comment

Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...