Pakistan’s economy stands at a critical juncture, with the government and stakeholders working tirelessly to …
Read More »Samsung's Profits Dip 95% Amid Memory Chip Oversupply, Exceeds Analyst Predictions
Samsung Electronics, the South Korean tech giant, reported a staggering 95% year-on-year decrease in operating profits for the last quarter, primarily attributed to an oversupply of memory chips, leading to plummeting prices despite production cutbacks. However, the company managed to exceed analysts’ earnings predictions, showcasing its resilience in a challenging market. For the quarter ending June 30, Samsung registered sales …
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