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South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic’s impact on smartphone sales.
Nvidia’s stock has been among Wall Street’s strongest performers in recent years as it expanded from its core personal computer chip business into datacenters, automobiles and artificial intelligence. Intel, which for decades has dominated in processors for PCs and servers, has struggled to diversify its business after making critical stumbles in the smartphone revolution.
Samsung Electronics has appointed Roh Tae-moon its new mobile chief, taking over from co-ceo DJ Koh, who’ll continue to lead the chaebol’s IT and mobile communications division. Roh, 52, is said to be “an engineering maven,” according to Bloomberg, “who’s meticulous about phone features.”
The world’s biggest smartphone and chipmaker Samsung Electronics issued a rare apology Wednesday after its chairman was jailed for sabotaging union activities.
Lee Sang-hoon, the chairman of Samsung Electronics, has been found guilty of violating South Korea’s labor union laws and sentenced to 18 months in prison, the Financial Times reports.
Samsung is the world’s largest maker of NAND flash memory chips, which can hold data permanently and are found in mobile devices, memory cards, USB flash drives, and solid-state drives.
A South Korean court, on Monday, jailed three executives of Samsung Electronics for their role in a plot that included burying computers under factory floors at its biotech affiliate, in an investigation of alleged accounting fraud.
South Korea’s Samsung Electronics flagged improved second-half results on expectations of a pick up in memory chip and smartphone sales, after posting its weakest profit in more than two years in the first quarter.
Samsung Electronics Co Ltd is retrieving all Galaxy Fold samples distributed to reviewers to investigate reports of broken screens, a day after it postponed the phone’s launch, a person with direct knowledge of the matter said on Tuesday, the News Agency of Nigeria reports.
South Korea launched the world’s first nationwide 5G mobile networks two days early, its top mobile carriers said Thursday, in a late-night scramble to be the first providers of the super-fast wireless technology.
South Korea launches the world’s first fully-fledged 5G mobile networks Friday, a transformational leap that already has superpowers sparring for control of an innovation that could potentially change the day-to-day lives of billions of people.
Jailed former South Korean president Lee Myung-bak was granted bail on Wednesday, nearly a year after he was arrested over corruption charges.
Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million “exploding” washing machines recalled in the US, the South Korean company said on Tuesday.
Italy’s anti-trust watchdog said on Wednesday it was fining Apple and Samsung Electronics 5 million euros ($5.7 million) each following complaints they used software updates to slow down their mobile phones.
Former South Korean president Lee Myung-bak was jailed for 15 years for corruption on Friday, becoming the latest of the country’s ex-leaders to be sent to prison.
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Popular actress Omotola Jalade Ekeinde, also known as Omosexy, has revealed that she has tested positive positive for coronavirus and is currently in isolation where she’s receiving treatment.
At least one person was killed in clashes in Ivory Coast on Saturday in the latest violence sparked by President Alassane Ouattara’s controversial decision to run for a third term in October.
The Department of State Services has invited a former member of the House of Representatives, Ghali Na’aba, for questioning on Monday.
The United Arab Emirates (UAE) on Saturday donated 7.5 tonnes of medical supplies to the Nigerian Government to support it in its response to the Coronavirus COVID-19 pandemic.
Two patients who tested negative for the coronavirus pandemic were discharged in Kwara on Friday.
He disclosed that the major reason for such interest is to get favour, warning that “if we leave it to the system that is going on at the moment; we are clearly headed in the wrong direction because interest whether private, political or group influences how judges are appointed.”
In an effort to make Twitter seem less like a cesspool, the company is rolling out new settings that will allow all users to control who can reply to tweets. Twitter began testing the feature earlier this year and said the results of that experiment convinced it to make the tools available to all users starting today.
Russian Health Minister Mikhail Murashko on Wednesday said allegations that Russia’s COVID-19 vaccine was unsafe were groundless and driven by competition, the Interfax news agency reported.
Iranian President Hassan Rowhani has threatened consequences if the UN Security Council prolongs an arms embargo against Iran at the behest of the United States.
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has called for more development of the gas infrastructure with a view to harnessing more revenues from the sector to the federation account.