Browsing: Samsung

Intel said its factories will start making Qualcomm chips as it laid out a road map on Monday to expand its new foundry business to catch rivals such as Taiwan’s TSMC and Samsung Electronics by 2025.

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.

Xiaomi’s quarterly profit beat estimates after the world’s third largest smartphone maker narrowed the gap with market leaders Samsung Electronics and Apple in shipments.