Samsung reports record quarterly profit but warns of weakness in global smartphone market
(Reuters) — Samsung said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers. The world’s biggest maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels as a challenge for the […]
U.S. farmers said they would push ahead with plantings planned before U.S.-China trade tensions eased and, now that the two countries have resumed talks, take a wait-and-see approach to President Donald Trump's promises for more sales to China.
KUALA LUMPUR (May 22): Perusahaan Otomobil Kedua Sdn Bhd (Perodua) expects its temporary move to absorb the 6% goods and services tax (GST) to have an impact on the car maker's bottom line.
"Our bottom line will be affected, but that is okay. We respect the wish of the government of the day (to remove the GST). Perodua will continue to align itself with its stated objective of producing affordable cars that are equipped with high technology," its president and chief executive officer Datuk Dr Aminar Rashid Salleh told reporters at the company's Iftar Ramadan this evening.