Thursday, January 30, 2020

Samsung Electronics says fourth-quarter profit slumped 34%, flags gradual chip recovery

Samsung Electronics Co said on Thursday its fourth-quarter operating profit slid by a third as the South Korean conglomerate soaked up a downturn in the memory chip market, but forecast a gradual recovery in chip prices this year.


from Reuters: Technology News https://ift.tt/314idBL
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Schools reach out to Canvas hackers as breach hits US classrooms

A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and uni...