VRB News
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
VRB News
No Result
View All Result
Home IT news

Chips and smartphones: Samsung Electronics with billion-dollar profit

admin by admin
April 11, 2022
in IT news
0
Chips and smartphones: Samsung Electronics with billion-dollar profit
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

The electronics division of the industrial conglomerate reports a billion-dollar profit.

Seoul The high demand for memory chips has brought the South Korean technology giant Samsung Electronics the highest operating profit at the start of the year since 2018. The operating result climbed by 50 percent to 14.1 trillion won (equivalent to 10.6 billion euros) in the first quarter, the world’s largest memory chip provider announced on Thursday, citing preliminary figures.

That was more than analysts expected. The smartphone business also contributed to the good result, as well as problems at a semiconductor factory owned by competitors Kioxia from Japan and the US company Western Digital.

Samsung is not only the world’s largest memory chip supplier but also smartphone primus ahead of rivals such as Apple and Xiaomi and sells household appliances and other electronics. The chip division, which competes with TSMC, contributes about half of the profit. According to analysts, Samsung was able to make up for the memory chip prices that fell in the first quarter due to high demand from data centers, more cautious investments and a limited expansion of capacities.

Samsung Electronics will release final figures on April 28 – again on the same day as iPhone provider Apple. Investors then hope for an insight into the company’s acquisition plans and an outlook on the further chip business.

Previous Post

When Legacy Software Can no longer be saved

Next Post

3rd Eye Studios releases Downward Spiral: Prologue for Rift and Vive

admin

admin

Related Posts

Image technology: Phishing scammers on Paypal robbery emails that signal an urgent need for action should be checked calmly and carefully. This is often phishing. Currently, Paypal customers are increasingly being targeted by fraudsters. More…
IT news

Image technology: Phishing scammers on Paypal robbery emails that signal an urgent need for action should be checked calmly and carefully. This is often phishing. Currently, Paypal customers are increasingly being targeted by fraudsters. More…

May 20, 2022
Neo CV, the commercial version of Pico's autonomous HMD
IT news

Neo CV, the commercial version of Pico’s autonomous HMD

May 20, 2022
Canada wants to ban Huawei and ZTE equipment in 5G build-up
IT news

Canada wants to ban Huawei and ZTE equipment in 5G build-up

May 20, 2022
VIRTUALL was born to vindicate Spanish talent
IT news

VIRTUALL was born to vindicate Spanish talent

May 19, 2022
First contact with Dreadhalls for Oculus Touch
IT news

First contact with Dreadhalls for Oculus Touch

May 20, 2022
Next Post
3rd Eye Studios releases Downward Spiral: Prologue for Rift and Vive

3rd Eye Studios releases Downward Spiral: Prologue for Rift and Vive

Premium Content

Aipoly, a support app for the blind

Aipoly, a support app for the blind

December 23, 2021
Audio Trip comes on the Oculus Quest to create custom levels

Audio Trip comes on the Oculus Quest to create custom levels

August 17, 2020
Oculus can Go to tracking fingers

Oculus can Go to tracking fingers

November 9, 2020

Browse by Category

  • Games
  • IT news
  • Tech
  • World
VRB News

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • Image technology: Phishing scammers on Paypal robbery emails that signal an urgent need for action should be checked calmly and carefully. This is often phishing. Currently, Paypal customers are increasingly being targeted by fraudsters. More…
  • Neo CV, the commercial version of Pico’s autonomous HMD
  • Canada wants to ban Huawei and ZTE equipment in 5G build-up

© 2021 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2021 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?