Thursday, January 30, 2020

Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics Co Ltd said on Thursday its operating profit fell 34% in the October-December quarter, in line with its estimate earlier this month, as the South Korean conglomerate battled a downturn in the memory chip market.


from Reuters: Technology News https://ift.tt/3b34HD4

No comments:

Post a Comment

Google's Jeff Dean launches AI startup Discovery Loop

Announcing the venture on X, Dean wrote, "We are founding Discovery Loop... a Public Benefit Corporation whose mission is to automate m...