Samsung Electronics Q2 Profit Fell Over 95 Percent Amid Chip Oversupply, Weaker Demand

Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand for memory chips. Operating profit from the April to June period was KRW 668.5 billion (roughly Rs. 3,800 crore), down from KRW 14.1 trillion (roughly Rs. 89,072 crore) from a year earlier, Samsung said in a statement.

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Technology adoption gets new life in Covid-19 times

With the young discovering old ways to connect and the old connecting with the new, the Covid-19 outbreak has turned some assumptions about technology and the demographics of the Internet on its head. from Tech-Economic Times https://ift.tt/2UqFqfH

Vivo V20 Pro 5G to Launch in India at Noon Today: How to Watch, Expected Price, Specifications

Vivo V20 Pro 5G is all set to launch in India at 12pm (noon) today. The launch of the phone will be live-streamed on YouTube. Key highlights of the Vivo V20 Pro 5G include Android 11, dual selfie cameras, and Qualcomm Snapdragon 765G SoC. from Gadgets 360 https://ift.tt/2KPOmZA via IFTTT

Itel P55 With Dual Rear Cameras, 5,000mAh Battery Launched in India: Price, Specifications

Itel P55 5G was launched in India on Tuesday and is claimed to be the cheapest 5G smartphone in the country. The phone is powered by an octa-core MediaTek Dimensity chipset and supports wired fast charging. Meanwhile, another budget handset, Itel S23+ was also introduced alongside. from Gadgets 360 https://ift.tt/kbyrtCd via IFTTT

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