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Samsung’s (SSNLF) OLED (organic light-emitting diode) have been a standout feature of Apple’s (AAPL) iPhone X. The California-based tech giant has been trying to find other OLED screen suppliers, as Samsung’s screens comprise a good chunk of the iPhone X’s manufacturing costs. Apple has not been able to get a better price for the screens—Samsung has been the only company able to meet Apple’s volume and specification requirements.
Electronics giant Samsung warned about a slowdown in its display panel segment, likely in part to declining OLED screen orders from Apple for its flagship iPhone X handset.
Alphabet’s (GOOGL) Google is planning to change the design of its Gmail web version soon, according to an email to G Suite administrators. Google is reportedly planning to update Gmail by adding more user-friendly features. Google is planning to add features like smart reply and the mobile app, which will allow users to reply promptly through automatic responses and have the option to snooze emails, which would remove particular mail temporarily from the inbox to help users avoid email threads.
After a week of punishing semiconductor data points and tidbits, Samsung Electronics’s (005930.Korea) earnings report overnight brought good news that is powering higher shares of chip makers today. Samsung’s ...
The opening price is close to the company’s low of September 9, which came after a judge ruled that Apple Inc. (NASDAQ:AAPL) lawsuits against it could proceed. The two companies have been at legal war since early 2017, with Apple protesting Qualcomm’s royalties for using its patents. The conflict eventually brought in an unsolicited bid from Broadcom Inc. (NASDAQ:AVGO) which Qualcomm survived only after the Administration blocked it, fearing a leakage of technology to China. Qualcomm has been fighting for its monopoly rights over cellphone tech for three years now.
Memory chips were again the driver. Operating profits for the semiconductor segment, mostly memory chips, were up 83% from a year earlier. Expectations of increased supply later this year have fueled worries of a looming price peak, sending Samsung’s shares down around 10% since November.
Samsung Electronics has reported record operating profits for the sixth consecutive quarter on the back of strong demand for memory chips, defying concerns about the semiconductor outlook. The technology giant posted Won11.7tn in first-quarter net profit, up 52 per cent from a year earlier.
HONG KONG (AP) — World stock markets were mostly higher Thursday as investors digested the latest corporate earnings and awaited comment from the head of the European Central Bank.
Asia-Pacific stock markets started higher Thursday, following declines a day earlier and muted action overnight on Wall Street.
Rising oil prices, surging bond yields and mixed earnings forecasts have stalled overnight gains for global stocks and pulled U.S. equity futures into the red ahead of another hectic slate of corporate ...
Samsung Electronics Co. has become the latest Apple Inc. ( AAPL) supplier to hint that demand for the iPhone X is wavering. The South Korean electronics manufacturer reported a 52% increase in first-quarter earnings on Thursday, led by rampant appetite for its memory chips, but also warned that profits for its display business “were affected by slow demand for flexible OLED panels.” The company’s organic light-emitting diode (OLED) screens are used in Apple’s flagship product, as well as its own smartphones. Flexible OLED panel revenues rose just 3.4% in the quarter, compared with 20% for Samsung as a whole, and company executives warned that weaker sales patterns in this division are likely to persist into the second quarter.
Investing.com – Asian equities were mixed in afternoon trade on Thursday, with Japanese and Korean equities in green but Hong Kong, Chinese and Australian losing. As the rising yields on 10-year U.S. Treasuries that topped 3% continued to weigh on investor sentiment, tech stocks remained in focus in the Asian stock market.
Mario Draghi, ECB president, acknowledged that the pace of the eurozone recovery had moderated, but announced no changes to monetary policy or guidance. The firm dollar helped push gold to a five-week low.