Samsung Electronics Rides Pandemic-Driven Demand to Post Quarterly Profit

Samsung Electronics, the world’s biggest smartphone and memory chip maker reported fourth-quarter net profits up by more than a quarter year-on-year Thursday, with coronavirus-driven working from home boosting demand for devices powered by its chips. But the figures were below market expectations according to Bloomberg News, and the company warned of persisting uncertainties over the … Read more

Samsung Rides Chip, Display Sales to Post Q4 Operating Profit

Samsung shares jumped on Friday after it said its fourth quarter operating profit likely rose 26 percent as coronavirus pandemic driven remote working and TV-watching fuelled sales of chips and display panels. Samsung Electronics shares rose as much as 8.6 percent in afternoon trade to a record high, compared to a 3.9 percent rise in … Read more

Xiaomi Rides Smartphone Sales to Top $100 Billion in Market Value

Xiaomi founder Lei Jun can finally rejoice after the Chinese smartphone maker’s market value swelled past the $100 billion (roughly Rs. 7,36,000 crores) mark, a figure his company fell far short of when it listed two years ago. The firm’s stock rallied as much as 9.1 percent Wednesday to a fresh record in Hong Kong, … Read more

Xiaomi Rides Smartphone Sales to Top $100 Billion in Market Value

Xiaomi founder Lei Jun can finally rejoice after the Chinese smartphone maker’s market value swelled past the $100 billion (roughly Rs. 7,36,000 crores) mark, a figure his company fell far short of when it listed two years ago. The firm’s stock rallied as much as 9.1 percent Wednesday to a fresh record in Hong Kong, … Read more

Xiaomi Rides Smartphone Shipment Surge to Post 19-Percent Jump in Profit

Xiaomi reported a 19 percent jump in third quarter net profit on Tuesday, beating estimates, as the Chinese smartphone maker’s smartphone shipments over the quarter surged by 45.3 percent on a year earlier. Smartphone revenue grew to CNY 47.6 billion (roughly Rs. 53,500 crores), an increase of 47.5 percent in the same period, it said … Read more

Xiaomi Rides Smartphone Shipment Surge to Post 19-Percent Jump in Profit

Xiaomi reported a 19 percent jump in third quarter net profit on Tuesday, beating estimates, as the Chinese smartphone maker’s smartphone shipments over the quarter surged by 45.3 percent on a year earlier. Smartphone revenue grew to CNY 47.6 billion (roughly Rs. 53,500 crores), an increase of 47.5 percent in the same period, it said … Read more

Put The Pedal To The Metal When Lonely Mountains: Downhill Rides Onto Switch Next Month

If you’re in the mood for some mountain biking fun on the Switch, then you’re going to want to check out Lonely Mountains: Downhill when it bunny hops onto Nintendo’s portable powerhouse in May. It was the winner of ‘Best Indie Game’ at the German Developer Awards and was nominated for ‘Excellence in Design’ at … Read more