ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »Samsung faces pressure to slash spending as chip demand slows
Bloomberg With Samsung Electronics Co. set to report its first drop in quarterly profit in two years, investors are counting on the world’s biggest chipmaker to cut capital spending to keep profits flowing during a supply glut. Samsung will probably report a 15 percent decline in net income to about 10.2 trillion won ($9.1 billion) for the last three months ...
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