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In the first quarter of 2018, Samsung Electronics again became a leader in the semiconductor market, ahead of the American corporation Intel. Samsung is leading the world chip market since the second quarter of 2017. Samsung's quarterly revenue from chip sales amounted to 19.4 billion dollars, increased by 43% in annual terms. At the same time, Intel's revenue grew by 11% to $15.8 billion. According to the experts, the growth in financial performance of Samsung is due to the ongoing boom in the market for DRAM and NAND flash chips. The total revenue of the 15 largest semiconductor companies in the world, included in the IC Insights rating, increased by 26% in the first quarter to 89 billion 130 million dollars.
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Apple, Google, Amazon, and Facebook’s chief executive officers faced Republican and Democratic U.S. lawmakers on Wednesday for the much-anticipated congressional hearing. The CEOs were questioned for alleged abuse of their market power ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
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