Monday, September 28, 2020

Samsung may log $54.5bn in sales, to sell 80mn Galaxy phones in Q3

Samsung was projected to log $54.5 billion in sales in the July-September period, up 3.1 percent from a year earlier, while operating profit was estimated to surge 33.7 per cent (year-on-year) to $8.8 billion over the period, according to Yonhap Infomax, the financial news arm of Yonhap News Agency.

from Tech-Economic Times https://ift.tt/3icDAaO

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...