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Samsung Electronics Faces 35% Drop In Q4 Operating Profit

Samsung Electronics has reported a 35 per cent decline in its fourth-quarter operating profit, a figure much worse than analysts had anticipated. The world’s leading memory chip, smartphone, and TV manufacturer estimated its operating profit to be 2.8 trillion won (USD 2.13 billion) for October-December, down from 4.31 trillion won in the same period the […]

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Foxconn To Double Workforce And Investment In India By Next Year

Taiwanese electronics major Foxconn aims to double its workforce and investment in India by next year, a company representative based in India said on Sunday. “Under your leadership, Foxconn has grown smoothly and rapidly in India. We will work even harder to present you with a greater birthday gift next year, aiming for another doubling […]

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