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Samsung Electronics Co Ltd is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings on Jan 29, a day after rival Apple Inc reported the biggest profit in corporate history.
Samsung Electronics Co Ltd's profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver a revamped product lineup.
Samsung Electronics Co Ltd on Thursday reported its worst quarterly profit in two years and was downbeat about its second-half prospects, fuelling concerns about its ability to protect its smartphone turf in the face of mounting competition.
Amazon.com Inc's new "Fire" smartphone contains chips from Qualcomm Inc, NXP Semiconductors NV, and Samsung Electronics Co Ltd, according to repair and teardown specialists iFixit, which pried one open on Thursday.
Taiwan's export orders in June rose 10.6% year-on-year to a 17-month high, largely boosted by continuing strong demand for electronic products, the government said Monday.
Improved demand for personal computers after years of declines may not last as emerging markets remain weak and recent corporate upgrades in the United States and Europe may prove fleeting.
Samsung Electronics Co Ltd's quarterly operating profit surged 26% to a new record, matching estimates and powered by a strong recovery in its memory chip business as smartphone sales growth eases sharply.
Samsung Electronics Co Ltd is on track to post its second consecutive year of record earnings as a rebound in its semiconductor business shields the South Korean tech giant from a slower smartphone market.
Asian chipmakers are set to cash in on a major realignment in the volatile industry which is tilting the power balance their way at the expense of gadget makers such as Apple Inc, after years of cautious investment kept supply in check.