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Galaxy S24 Sales Boost Samsung’s Q1 Performance

Samsung Electronics said it expects a notable increase in its first-quarter operating profit, surpassing expectations by over 10-fold. The South Korean tech giant estimated its operating profit to have soared to a staggering 6.6 trillion won (USD 4.89 billion) for the quarter ending 31 March. This figure represents a 931 per cent increase compared to […]

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Brands Companies Finance Manufacturing News

Intel Invests $25 Bn In Israeli Manufacturing Facility

Intel Israel and Israeli government authorities announced plans to build a new manufacturing facility in Kiryat Gat on Tuesday morning with a USD 25 billion investment. “The global company Intel’s choice to approve the unprecedented investment of USD 25 billion right here, in Israel, is important and significant,” Finance Minister Betzalel Smotrich said in a […]

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