Science and Tech

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) - Samsung Electronics on Tuesday flagged a 19-fold…

July 7, 2026

China smartphone sales drop 13% during 618 festival as memory costs limit discounts

By Che Pan and Eduardo Baptista BEIJING, July 7 (Reuters) - Smartphone sales in China fell 13% year-on-year during the…

July 7, 2026

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) - Samsung Electronics on Tuesday flagged a 19-fold…

July 7, 2026

China smartphone sales drop 13% during 618 festival as memory costs limit discounts

By Che Pan and Eduardo Baptista BEIJING, July 7 (Reuters) - Smartphone sales in China fell 13% year-on-year during the…

July 7, 2026

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) - Samsung Electronics on Tuesday flagged a 19-fold…

July 7, 2026

Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch

By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL, July 7 (Reuters) - Samsung Electronics on Tuesday forecast a 19-fold…

July 7, 2026

Australia's WiseTech co-founder Richard White steps down as executive chair

July 7 (Reuters) - Australia's WiseTech Global said on Tuesday that co-founder Richard White would step down as executive chair,…

July 7, 2026

Samsung appliance workers to stage a rally protesting chip workers' wage deal

SEOUL, July 6 (Reuters) - Workers in Samsung Electronics' smartphone, television and home appliance division will stage a rally on…

July 7, 2026

Samsung forecasts record quarterly profit, beating estimates on AI memory demand

By Heekyong Yang and Joyce Lee SEOUL, July 7 (Reuters) - Samsung Electronics on Tuesday forecast a 19-fold jump in…

July 7, 2026

Tencent unit raises $1.5 billion from Kuaishou share sale, term sheet shows

By Yantoultra Ngui and Rajasik Mukherjee SINGAPORE, July 6 (Reuters) - Tencent Mobility, a unit of Tencent Holdings, has raised…

July 7, 2026