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IDC: Apple's global iPhone shipments fell nearly 10% in the first quarter
According to market tracking agency IDC, Apple iPhone shipments fell nearly 10% in the first quarter of this year, but its market share declined when the smartphone industry rebounded as a whole. Mobile phone shipments in the global mobile market increased to 289.4 million units, an increase of 7.8% over the previous year. Samsung Electronics is back at the top of the list. Shipments of the low-cost brand Communication Holdings increased 85%, and Xiaomi's shipments rebounded, narrowing the gap with second-place Apple.
Samsung Electronics is reported to announce a $44 billion US chip investment plan as soon as next week
Samsung Electronics is preparing to unveil plans to invest 44 billion US dollars in chip production in the US as soon as next week. This is a landmark project in the context of Washington's efforts to bring semiconductor production back to the US. According to people familiar with the matter, the world's largest memory chip maker plans to share the outline of this Taylor project in Texas with US Secretary of Commerce Gina Raymondo. They said that Samsung Electronics has finalized more than 6 billion US dollars in US government subsidies, and its investment expenditure has increased dramatically to 44 billion US dollars over many years. The timing and details of the announcement plan may still change. Due to discussions on undisclosed matters, people familiar with the matter should
According to the news, Samsung Electronics announced an investment of 44 billion US dollars in the US as early as next week
According to people familiar with the matter, Samsung Electronics is preparing to announce plans to invest 44 billion US dollars in the US chip manufacturing sector as early as next week. The world's largest memory chip maker plans to join US Secretary of Commerce Gina Raimondo (Gina Raimondo) to outline the project in Taylor, Texas, according to sources. People familiar with the matter said that Samsung Electronics has received more than 6 billion US dollars in funding from the US government for an investment plan, and the investment scale is expected to expand to 44 billion US dollars within a few years. However, the timing and details of this announcement are still likely to occur until finalized
South Korean regulators ordered Samsung Electronics to rectify because it interfered with agent operations
South Korea's antitrust regulator said on Wednesday that it had decided to order Samsung Electronics to take corrective action because the company interfered with the business operations of its authorized retail stores. According to the Korea Fair Trade Commission (FTC), Samsung Electronics required its agents to provide their retail price information between January 2017 and September 2023, even though this information was treated as a trade secret. Samsung Electronics required agents to enter sales prices into the system and collected retail price information for 15,389 products at 159 sales points in Korea as of 2020, including refrigerators and washing machines. The company makes use of these numbers
Technology stocks were sold off, and the Asian stock market recorded its biggest decline in four weeks
A key Asian stock market index recorded its biggest decline in nearly four weeks, dragged down by a sell-off in technology stocks, as market concerns about US monetary policy heated up, and Middle East risks showed signs of escalating. The MSCI Asia Pacific Index once fell 1.2%, with Toyota, Tokyo Electronics, and Samsung Electronics leading the declines. (Global Market Report)
Samsung Electronics' sharp increase in profit in the first quarter shows an improvement in the chip business
Samsung Electronics' profit surged in the first quarter of 2024, indicating an improvement in its chip business and strong sales of Galaxy S24 smartphones. The world's largest memory chip maker reported an initial operating profit of around 6.6 trillion won (4.9 billion US dollars) on Friday, higher than analysts' estimates of 5.37 trillion won, and ended the quarterly decline that began in the third quarter of 2022. Samsung Electronics' revenue for the first quarter rose to approximately 71 trillion won, which is estimated at 71.8 trillion won. Samsung Electronics will release a full financial report with division segments later this month. Samsung Electronics' performance is positive
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MonkeyGee : dont doubt it Samsung is one of the most scammy company I know. They run their warranty center like an india scam call center.