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Samsung Plans To Spend Up To $17B On Chip-Making Factory In US: WSJ
Saturday, January 23, 2021 - 1:41pm | 187Read More...Samsung is considering investing around $17 billion to build a chip-making factory in the US, the Wall Street Journal has reported. What Happened: The South Korean giant is looking at locations in New York, Texas and Arizona, people familiar with the matter told WSJ. Samsung’s...
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Apple Tests Foldable Screen For iPhone: Bloomberg
Saturday, January 16, 2021 - 2:44pm | 278Read More...The Samsung Galaxy Fold is one foldable phone already on the market. Apple is working on a foldable iPhone, Bloomberg has reported. What Happened: Apple Inc (NASDAQ: AAPL) has started working on a new iPhone model with a foldable screen. The tech giant has developed prototype screens and ...
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Fintech Focus For December 31, 2020
Wednesday, December 30, 2020 - 6:48pm | 1939Read More...Quote To Start The Day: Celebrate endings—for they precede new beginnings. Source: Jonathan Huie One Big Thing In Fintech: In a recent outlook for North American and European fintech, Fitch Ratings acknowledged that the sector fundamentals should remain resilient next year, despite pandemic-...
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Exciting Smartphone Offerings To Watch Out For In 2021
Saturday, December 26, 2020 - 12:24pm | 1282Read More...The latest iteration of Samsung's Galaxy Z Flip is among the phones to watch for in 2021. Smartphone shipments, although witnessing slackness due to the COVID-19 pandemic, have recovered and are poised to end the year flat to slightly higher. Shipments are estimated to grow 4.4% in 2021,...
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Bloomberg Releases Its 2020 List Of Wealthiest Families In Asia
Sunday, November 29, 2020 - 1:01pm | 388Read More...Bloomberg has released its list of the wealthiest families in Asia for 2020. Same Faces At The Top: According to the report, the 20 wealthiest families in Asia together have $463 billion under their control, up about $10 billion from last year. The list does not include first-...
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Fintech Focus For September 11, 2020
Thursday, September 10, 2020 - 5:31pm | 2385Read More...Quote Of The Day: I find that the harder I work, the more luck I seem to have. - Thomas Jefferson Fintech Movers: There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians,...
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'Deflationary Undercurrent': Stock Market Update For The Week Ahead
Monday, September 7, 2020 - 8:40am | 2091Read More...The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness from the technology sector. Remember This: “August benefited from multiple tailwinds, resulting in one of the best Augusts on record. Those tailwinds look stretched and at risk, however,” said Brad...
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Fintech Focus For August 19, 2020
Tuesday, August 18, 2020 - 4:39pm | 1972Read More...Quote Of The Day: Central bank independence? Gone. - Ben Melkman Fintech Movers: Despite all the talk surrounding digital transformation and the changes that coronavirus has spurred on, not all traditional banks have achieved full digital transformation. - Banking Dive Wealth Builders taps...
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South Korean Prosecutors Seek Arrest Warrant For Samsung Heir
Thursday, June 4, 2020 - 6:56am | 320Read More...Prosecutors in South Korea have filed an arrest warrant against Jay Y. Lee, the anointed heir to the Samsung Group and Vice Chairman of Samsung Electronics Co Ltd. (OTC: SSNLF) What Happened The arrest warrant request came Thursday as a part of an investigation into an alleged...
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The Most Popular Smartphone Model Of Q1
Wednesday, May 27, 2020 - 3:31pm | 494Read More...The coronavirus pandemic did little to wrest away Apple Inc.'s (NASDAQ: AAPL) pole position as the vendor of the most popular smartphone model in the first quarter, according to a report released by technology research and consultancy firm Omdia. Apple iPhone 11 Surges Ahead The...
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Samsung Names New Smartphone Chief As It Seeks To Secure Market Dominance
Tuesday, January 21, 2020 - 1:49am | 474Read More...Samsung Electronics Co. Ltd. (OTC: SSNLF) has promoted its youngest president Roh Tae-moon to lead the smartphone unit, Bloomberg reported on Monday. What Happened Roh is taking over the job from co-CEO Koh Dong-Jin, who will continue in his role as the conglomerate's overall IT and...
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Samsung Shipped 6.7M Smartphones With 5G In 2019, Exceeding Its Own Expectations
Friday, January 3, 2020 - 2:47am | 371Read More...Samsung Electronics Co Ltd (OTC: SSNLF) sold 6.7 million 5G smartphones worldwide in 2019, surpassing its self-imposed target of 4 million sales for the year, according to CNN. What Happened The South Korean smartphone maker announced on Thursday it shipped over 6.7 million Galaxy 5G...
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Samsung Shuts Down CPU Divisions In US
Tuesday, November 5, 2019 - 2:52am | 397Read More...Samsung Electronics Co Ltd is putting up the shutters on the CPU research divisions at its facilities in Austin, Texas, and San Jose, California, Reuters reported on Tuesday. What Happened The division will shut down by Dec. 31, 2019, Renee Martin, HR Director at the Samsung...
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Samsung Reports 56% Drop In Q3 Profit
Thursday, October 31, 2019 - 3:39am | 322Read More...Samsung Electronics Co., Ltd. reported its profits of the third quarter that ended on Sept. 30 to be $6.7 billion. The reported profit is nearly 56% lower than the profits it grossed in the third-quarter of 2018. The company posted $53.2 billion in consolidated revenue, 5% less than...
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Samsung Integrates TRON Cryptocurrency To Its Blockchain Keystore
Wednesday, October 30, 2019 - 5:14am | 276Read More...Samsung (KRX: 005930) has integrated the TRON (TRX) network in its Blockchain Keystore, the conglomerate's website shows. What Happened This integration will allow developers to build decentralized apps, also known as “DApps,” with the TRON blockchain platform for Samsung users. The...
