[ad_1] Samsung Electronics expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business.…
Tag: Home Electronics/Appliances
Amazon Deal for iRobot May Restrict Competition, European Commission Says
[ad_1] The European Commission said that Amazon’s proposed deal to buy Roomba-maker iRobot may limit competition in the robot vacuum cleaner market. Regulators said Monday that they had informed Amazon…
A ‘Zelda’ Movie Could Mint Money for Nintendo
[ad_1] Nintendo’s Super Mario brothers smashed, jumped and climbed their way into box office fame. Now the Italian-American plumbers’ colleague Link is looking to make his mark too. For investors,…
Nintendo Raises Earnings Forecasts After Profit Climbs
[ad_1] Nintendo raised its fiscal-year earnings forecasts after reporting a rise in first-half net profit thanks to the success of a Super Mario film, and stronger Switch console and software…
Samsung Electronics’ Third-Quarter Net Profit Beats Consensus
[ad_1] South Korean tech giant Samsung Electronics said its third-quarter net profit fell 38% on the year but more than tripled on the quarter to beat market consensus, as its…
Memory-Chip Stocks Can Ride the AI Gravy Train, Too
[ad_1] Memory-chip prices could finally rebound soon. Meanwhile, SK Hynix and Samsung are benefiting from the artificial-intelligence boom, too. [ad_2] Source link
U.S., in Chip War with China, Extends Some Allowances for Asian Allies
[ad_1] Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult. [ad_2] Source link
Instant Brands Picks Centre Lane as Buyer for its Assets in Bankruptcy
[ad_1] Instant Brands, the maker of kitchen appliances known for its Instant Pot cooker, selected private-equity firm Centre Lane Partners as the winner in its bankruptcy auction. [ad_2] Source link