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Alphabet earns record profit on Google ads surge

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Google owner Alphabet has reported higher than expected third-quarter ad sales, a sign that the business is overcoming new limits on tracking mobile users...

Intel loses US$20 billion market value after detailing profit-consuming spending plan

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Global chip maker, Intel has reportedly lost US$20 billion market value due to shares drop after it announced a spending plan that would adversely...

Huawei sees marginal gains after shift in product development

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Huawei Founder and CEO Ren Zhengfei has said that US trade restrictions over the past two years forced it to overhaul product development priorities...

Samsung ups profit, aims to mainstream foldable devices

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Samsung Electronics has tipped the smartphone market to recover to 2019 levels during second half of the year, despite continued supply chain issues. Amid...

Samsung forecasts Q4 operating profit surge

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Samsung has predicted another increase in operating profit despite modest revenue gains in Q4 2020, as the Covid-19 (coronavirus) pandemic fueled growth in semiconductor...
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