Samsung Electronics has reported a noticeable increase in its operating profit for the third quarter compared to the same period last year. The company posted an operating profit of 9.2 trillion won (approximately $6.66 billion), a significant rise from 2.4 trillion won in the previous year, yet it marked a decline from the 10.4 trillion
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As Alphabet, the parent company of Google, prepares to unveil its third-quarter earnings report, analysts are holding their breath in anticipation of the financial performance indicators that could shape market sentiment. Scheduled for release post-market close, projections suggest earnings per share (EPS) of $1.85 on revenues amounting to approximately $86.30 billion. These figures will not
In recent years, the global landscape of supply chains has been significantly altered due to various socio-political and economic factors. A detailed analysis by JPMorgan has indicated that certain suppliers of Apple, particularly those based in China, stand to gain from the ongoing trend of supply chain diversification. This trend can be attributed, in part,
In an era dominated by rapid technological advancements, Chinese smartphone manufacturer Oppo is making significant strides by heavily investing in artificial intelligence (AI). With weekly discussions involving leadership from tech giants like Google and Microsoft, Oppo aims to refine its products to better meet consumer needs. This burgeoning focus on AI comes at a critical
As the financial world spins ever faster, stakeholders from retail investors to institutional analysts keenly await the insights that can dictate their next moves. The recent fluctuations observed in the stock market, specifically the Dow Jones Industrial Average reaching unprecedented heights, have spurred renewed interest and speculation. Here, we delve into some compelling statistics and
A report released by Bain & Company has raised concerns about a potential impending shortage of semiconductors amidst a surge in demand driven by artificial intelligence (AI) technologies. With technology companies racing to capitalize on AI advancements, the supply chain that produces essential components such as semiconductors faces significant pressure. The previous global semiconductor shortage,
The world of consumer technology is evolving rapidly, and one of the most promising segments currently emerging is that of smart glasses. As we delve into the fall product season, companies are unveiling more sophisticated yet accessible smart glasses that present an exciting alternative to mainstream virtual reality headsets, such as Apple’s hefty Vision Pro.
The rapid advancement of technology has prompted many hotel chains to revolutionize the way guests access their rooms. With the emergence of digital options like Apple Wallet and Google Wallet apps, the traditional plastic room key is quickly becoming obsolete. The shift towards touchless technology has been further accelerated by the onset of the pandemic,
Huawei, the Chinese technology giant, is set to hold a product launch event this month, strategically timed just hours after Apple’s annual iPhone reveal. The event is scheduled to take place on September 10 at 2:30 p.m. Beijing time, which coincides with the late evening of September 9 on the west coast of the U.S.,
General Motors recently unveiled the redesigned versions of its entry-level GMC Terrain crossover, showcasing a more rugged exterior design. This new look is sure to turn heads on the road, providing a fresh and modern aesthetic for consumers who are in the market for a compact crossover. One of the most notable updates to the
Samsung Electronics recently announced its second-quarter results, reporting higher-than-expected revenue and operating profit. The company saw a revenue of 74.07 trillion Korean won, which translates to about $53.45 billion, surpassing analysts’ average estimate of 73.74 trillion Korean won. Additionally, Samsung’s operating profit reached 10.44 trillion Korean won, exceeding the projected 9.53 trillion Korean won. This
Samsung is making a concerted effort to tailor its artificial intelligence features, known as Galaxy AI, specifically for the Chinese market. With the rise of local players dominating the smartphone industry in China, Samsung is looking to regain its market share by introducing innovative AI capabilities in its devices. In recent years, Samsung has faced
The rapid advancements in artificial intelligence (AI) have brought about significant transformations in various industries. However, Chinese smartphone company Honor’s CEO, George Zhao, emphasizes that these advancements are meaningless if user data is not adequately protected. In an exclusive interview with CNBC, Zhao highlighted the need for safeguarding personal data in AI operations to ensure
Huawei’s latest high-end phone, the Pura 70 Pro, has shown an increase in the use of Chinese suppliers in its components, indicating a significant step towards technology self-sufficiency in China. A teardown analysis conducted by online tech repair company iFixit and consultancy TechSearch International revealed a NAND memory chip likely packaged by Huawei’s in-house chip