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Samsung Electronics, LG Electronics and Mustek have been heavily impacted by the ongoing lawlessness in KwaZulu-Natal, with Samsung’s distribution centre in Cato Ridge attacked by looters.
Samsung Electronics likely saw a 38% surge in profit for the April to June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics.
Samsung Electronics on Wednesday said first quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs.
Samsung Electronics, LG Electronics and other companies in South Korea are taking precautions against the coronavirus after a rising number of cases in the country.
Samsung Electronics’ quarterly profit and sales missed estimates on sputtering demand for memory chips during the last three months of 2018, the same quarter that Apple reported anaemic sales in China.
Samsung has pledged to take its plans for the smart home and connected living to the “next level” in 2019 as the firm unveiled a range of assistive robots and new smart appliances.
Samsung Electronics has showed off a new phone with a foldable screen in a bid to shake up a smartphone business awash with black, shiny rectangles that look increasingly similar.
Sluggish global smartphone sales are starting to crimp earnings at Samsung Electronics, which posted profit that fell short of estimates. The maker of Galaxy phones reported that operating income rose to
One of the world’s largest telecommunications operators, New York-headquartered Verizon Communications, will back a new 5G network to be deployed in South Africa by local telecommunications company Comsol