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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Global electric wheels take turn on to Indian roads

Global EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. T...