Month: August 2021

Samsung Electronics’ net profits surged more than 70 percent in the second quarter thanks to higher memory chip prices fuelled by pandemic-led demand, the South Korean tech giant reported Thursday. Coronavirus-driven working from home boosted demand for devices and appliances powered by Samsung’s memory chips. The company said that “memory shipments exceeded previous guidance and
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Apple said Tuesday its profit in the just-ended quarter nearly doubled amid improving consumer spending and a “growing sense of optimism” as pandemic lockdowns eased. The California tech giant’s profit rose to $21.7 billion (roughly Rs. 1,61,588 crores) on growth in iPhone sales and its increasingly important digital services. Revenue surged 36 percent from a
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