ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has accepted the …
Read More »Samsung Electronics’ sales fall most in over one decade as chip slump persists
BLOOMBERG Samsung Electronics Co reported its worst decline in quarterly revenue since at least 2009, stoking uncertainty over when a year-long electronics and memory chip demand slump will end. The stock slid 2.4% in Seoul, the most in three months, after Samsung reported a larger-than-anticipated 22% decline in sales to 60 trillion won ($46 billion). Operating profit plunged 96% in …
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