Samsung Electronics Q1 profit tops market expectations on solid chip demand

SEOUL (Reuters) -Samsung Electronics Co Ltd reported on Thursday an estimated 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, beating expectations as solid demand underpinned prices for memory chips.

newspaper

07-04-2022

Samsung Electronics estimates first-quarter profit jumped 50% on solid chip demand

Samsung Electronics Co Ltd on Thursday reported a 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, as solid demand underpinned prices for memory chips.

newspaper

07-04-2022

Samsung Electronics estimates Q1 profit jumped 50% on solid chip demand

Samsung Electronics Co Ltd on Thursday reported a 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, as solid demand underpinned prices for memory chips.

newspaper

07-04-2022

Factbox: How Western sanctions target Russia

The West's punishment of Moscow over its invasion of Ukraine ramped up this week following the discovery of civilians shot dead at close range in the Ukrainian town of Bucha, seized from Russian forces.

newspaper

07-04-2022

Samsung Electronics Q1 profit likely jumps 50% on solid chip demand

Samsung Electronics Co Ltd on Thursday reported a 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, as solid demand underpinned prices for memory chips.

newspaper

07-04-2022

IMF cuts Japan's growth forecast on hit from Ukraine war fallout

TOKYO (Reuters) -The International Monetary Fund (IMF) cut Japan's economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis derails a fragile recovery.

newspaper

06-04-2022

GM to launch ad campaign for Chevy Bolt EV, following recall

General Motors Co on Wednesday announced the launch of an advertising campaign for its Chevrolet Bolt to win back consumers following the expensive recall that had stopped production of the electric vehicle for most of the last seven months.

newspaper

06-04-2022

Yellen says Russia should be expelled from G20, U.S. may boycott some meetings

U.S. Treasury Secretary Janet Yellen said on Wednesday that Russia should be expelled from the Group of 20 major economies forum, and the United States will boycott "a number of G20 meetings" if Russian officials show up.

newspaper

06-04-2022

Nissan to invest $276 million in Brazil plant, new products

Nissan Motor Co on Wednesday said it will invest 1.3 billion reais ($276.12 million) in its plant in Resende in the Brazilian state of Rio de Janeiro and in launching new products between this year and 2025.

newspaper

06-04-2022