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BPCL shares rally 5% after earnings announcement

On the NSE, it climbed 5 per cent to Rs 621.95. BPCL on Thursday reported a 30 per cent fa…

PTI   


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Sensex tumbles over 1,000 points, Nifty falls below 22k amid election uncertainties

Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign…

PTI   


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Samsung's Q3 earnings outlook grim amid poor global chip demand

According to the analysis by Yonhap Infomax of earnings outlooks for the two companies by securi…

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4 mins read

Stock markets in free-fall: Sensex tanks 1,628 pts on sharp losses in banking, oil shares

Key stock indices suffered their worst single-day losses in percentage terms since June 13, 2…

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iPhone sales are sliding and it's not just hurting Apple but Samsung too

Apple's falling sales of iPhones has left Samsung with an excess supply of OLED screens burning a h…

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Tough times for Indian startups as consumer demand expected to stay low: Redseer

Consumer demand is expected to stay low over the coming quarters, as inflation continues to rise, c…

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Samsung is firing 1,000 employees in India as cheaper Chinese smartphones squeeze profits

Samsung is in the midst of a ‘cost rationalisation programme’ that entails letting go of around 1,0…

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Samsung and LG battery units estimated to post tepid earnings in third quarter

Its brisk earnings are expected to be led by solid demand for electric vehicle (EV) battery …

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Walmart plans to start selling used goods from companies including Apple and Samsung to help customers save money

The retailer will sell products including headphones, tablets and sewing machines for low prices as…

Jyoti Mann   


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25 mins read

52. The Republic of Samsung

Samsung became a symbol of South Korean success. But can the company continue without its founding …

Sarah Wyman,Charlie Herman,Julia Press   


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Samsung’s Operating Profit Falls 24.5%

The world’s largest smartphone maker’s profit fell as it faced tough competition from Chinese maker…

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Samsung is smashing it with record profits, despite a corruption scandal

Apple is widely tipped to adopt Samsung's organic light-emitting diode (OLED) display for the next …

Reuters,Rob Price   


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US stock sell-off deepens as Nasdaq falls nearly 3% on fears of higher rates and weak tech results

The Dow Jones Industrial Average fell over 400 points while the S&P 500 slumped to its worst weekly…

Isabelle Lee   


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Samsung just posted its highest-ever quarterly revenue of $59 billion, grabbing some of Huawei's share of the mobile market

Despite strong results, Samsung warned that rising smartphone competition and the COVID-19 pandemic…

Grace Dean,Reuters   


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Global currency wars made it more expensive for Xiaomi to sell phones in India

The impact of the US-China trade war on Apple and Samsung is well known but Xiaomi, which has been …

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Samsung likely to offset smartphone losses with strong chip biz in Q2

Seoul, June 29 (IANS) Samsung Electronics is expected to announce better-than-expected earnings gui…

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Samsung Warns Sales And Operating Profit Were Way Down Last Quarter

In a preliminary report, the company said it expects sales of between 51 trillion and 53 trill…

Matt Rosoff   


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Strife At The Top: These 11 C-Suite Execs From India Were ‘Let Go’ In 2013

There is no job security at the coveted C-Suite. The issues could be many – from poor performance t…

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Apple is making Samsung rich

"Final June sales for our Apple Monitor rose by 18% month-over-month and well above the average dec…

Kif Leswing   


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3 mins read

Here's Why Samsung's Profits Are Getting Demolished - And Why It Might Not Get Better Any Time Soon

Samsung's problem is that its devices aren't innovative enough on the software level to stand out f…