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The English News

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  • UK
    • British Intelligence Confirms Russian Attacks on Azovstal

      British Intelligence Confirms Russian Attacks on Azovstal

      6th May 2022
      0
    • BBC: Johnson to Apologise to Parliament Over Fine

      BBC: Johnson to Apologise to Parliament Over Fine

      19th April 2022
      0
    • London Underground on Strike After Collective Bargaining Failure

      London Underground on Strike After Collective Bargaining Failure

      1st March 2022
      0
    • BBC: Johnson to Apologise to Parliament Over Fine

      UK Opposition Leader Accuses Prime Minister of Spreading Conspiracy Theory

      10th February 2022
      0
    • British Government Wants to Speed Up European Union Laws

      British Government Wants to Speed Up European Union Laws

      31st January 2022
      0
    • British Government Wants to Speed Up European Union Laws

      There were Also Parties in Boris Johnson's Official Residence on the Eve ...

      14th January 2022
      0
    • Cuddling Animals and Cleaning the House: British Energy Supplier Through the Dust After Tips to Keep Warm

      Cuddling Animals and Cleaning the House: British Energy Supplier Through the Dust ...

      11th January 2022
      0
    • British Conservatives Rebel Over Prime Minister Johnson's Corona Plans

      British Conservatives Rebel Over Prime Minister Johnson's Corona Plans

      14th December 2021
      0
    • Paris Wants EU to File Lawsuit Against London Over Fishing

      Paris Wants EU to File Lawsuit Against London Over Fishing

      10th December 2021
      0
  • US
    • Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      17th May 2022
      0
    • Elon Musk Threatened by Head of Russian Space Agency: If I Die Under Mysterious Circumstances...

      Elon Musk Threatened by Head of Russian Space Agency: If I Die ...

      9th May 2022
      0
    • Lloyd Austin: Ukraine Resistance Inspires Free World

      Lloyd Austin: Ukraine Resistance Inspires Free World

      26th April 2022
      0
    • American Woman Accidentally Wins Millions

      American Woman Accidentally Wins Millions

      12th April 2022
      0
    • Russian Ambassador: US Sanctions Hit Ordinary Russian

      Russian Ambassador: US Sanctions Hit Ordinary Russian

      7th April 2022
      0
    • Biden Meets Parents of Ex-Marine Locked Up in Russia

      Biden Meets Parents of Ex-Marine Locked Up in Russia

      31st March 2022
      0
    • Ukrainian President Addresses US Parliament

      Ukrainian President Addresses US Parliament

      16th March 2022
      0
    • US House Approves $13.6 Billion for Ukraine

      US House Approves $13.6 Billion for Ukraine

      10th March 2022
      0
    • President Maduro: Venezuela Continues to Talk with US

      President Maduro: Venezuela Continues to Talk with US

      8th March 2022
      0
  • Europe
    • Von der Leyen Calls Russia Greatest Threat to World Order

      Von der Leyen Calls Russia Greatest Threat to World Order

      12th May 2022
      0
    • NATO chief: Finland and Sweden can Join Quickly and Safely

      NATO chief: Finland and Sweden can Join Quickly and Safely

      28th April 2022
      0
    • Von der Leyen Calls Russia Greatest Threat to World Order

      Von der Leyen: EU Stands in Solidarity with Poland and Bulgaria Against ...

      27th April 2022
      0
    • Macron and Le Pen Advance to Second Round of French Presidential Elections

      Macron and Le Pen Advance to Second Round of French Presidential Elections

      11th April 2022
      0
    • Denmark Expels 15 Russian Spies

      Denmark Expels 15 Russian Spies

      5th April 2022
      0
    • Polish Border Guard Counts More Than 2 Million Refugees from Ukraine

      Polish Border Guard Counts More Than 2 Million Refugees from Ukraine

      18th March 2022
      0
    • No Evacuation Routes in Ukraine Due to Conflict in the East

      Ukraine Hopes to Open Nine Humanitarian Corridors

      15th March 2022
      0
    • Ukrainian Resistance Blows Up Tracks for Russian Soldier Train-Two Senior Officers Killed

      Russia Says Ukraine Prepared Attack on Donbas

      9th March 2022
      0
    • Denmark Expels 15 Russian Spies

      EU to Decide on Sanctions Against Russia on Tuesday Afternoon

      22nd February 2022
      0
  • International
    • International Court of Justice Orders Myanmar to Take Measures for Rohingya

      International Court of Justice Orders Myanmar to Take Measures for Rohingya

      23rd January 2020
      0
    • Lebanese Hezbollah Calls for Revenge on the US

      Lebanese Hezbollah Calls for Revenge on the US

      3rd January 2020
      0
    • Greta's father: I Adjusted My Lifestyle, Not for the Climate, but to Save My Daughter

      Greta's father: I Adjusted My Lifestyle, Not for the Climate, but to ...

      30th December 2019
      0
    • Pope Francis Speaks Urbi and Orbi and Calls for Guaranteeing Safety in the Middle East

      Pope Francis Speaks Urbi and Orbi and Calls for Guaranteeing Safety in ...

      25th December 2019
      0
    • Five of Eleven Death Sentences after Journalist Khashoggi Murder

      Five of Eleven Death Sentences after Journalist Khashoggi Murder

      23rd December 2019
      0
    • Indian Rape Victim Who was Set On Fire has Now Died

      Indian Rape Victim Who was Set On Fire has Now Died

      7th December 2019
      0
    • Barnier

      Brexit Conversations Yielded Nothing

      15th October 2019
      0
    • Juncker Gives Johnson The Last Brexit Plan A Chance

      3rd October 2019
      0
    • Cristiano News

      "Not Messi, But Ronaldo Earned This Prize"

      26th September 2019
      0
  • Technology
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Lays Off 150 Employees After Disappointing Figures

      18th May 2022
      0
    • Chinese Hackers Target Russian Targets

      Chinese Hackers Target Russian Targets

      4th May 2022
      0
    • Russia Blocks Chess Website for Critical Articles

      Russia Blocks Chess Website for Critical Articles

      25th April 2022
      0
    • Huawei Gives Russian Staff a Month's Leave

      Huawei Gives Russian Staff a Month's Leave

      14th April 2022
      0
    • HP Sees Revenue and Profit Rise

      HP Sees Revenue and Profit Rise

      4th March 2022
      0
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Star Pleads Guilty to Child Abuse

      11th February 2022
      0
    • Call of Duty will Remain for Sale for PlayStation Even After Acquisition

      Call of Duty will Remain for Sale for PlayStation Even After Acquisition

      26th January 2022
      0
    • EU to Propose Larger Own Chip Production in February

      EU to Propose Larger Own Chip Production in February

      21st January 2022
      0
    • Google and Facebook Receive Millions of Fines for Their Cookies in France

      Google and Facebook Receive Millions of Fines for Their Cookies in France

      6th January 2022
      0
  • Business
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Lays Off 150 Employees After Disappointing Figures

      18th May 2022
      0
    • Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      17th May 2022
      0
    • Blockbuster Spider-Man Helps Sony Achieve Record Sales

      Blockbuster Spider-Man Helps Sony Achieve Record Sales

      10th May 2022
      0
    • Von der Leyen Calls Russia Greatest Threat to World Order

      Von der Leyen: EU Stands in Solidarity with Poland and Bulgaria Against ...

      27th April 2022
      0
    • Elon Musk in View of Bonus of No Less Than 23 Billion Dollars

      Elon Musk in View of Bonus of No Less Than 23 Billion ...

      21st April 2022
      0
    • Broad Appeal to IMF for Extra Support for Poorer Countries

      Broad Appeal to IMF for Extra Support for Poorer Countries

      13th April 2022
      0
    • Russian Car Sales Plummet Due to Western Sanctions and Boycott

      Russian Car Sales Plummet Due to Western Sanctions and Boycott

      6th April 2022
      0
    • HP Sees Revenue and Profit Rise

      HP Sees Revenue and Profit Rise

      4th March 2022
      0
    • EU to Propose Larger Own Chip Production in February

      EU to Propose Larger Own Chip Production in February

      21st January 2022
      0
  • Sports
    • Djokovic Cancels Cincinnati Tennis Tournament

      Djokovic Cancels Cincinnati Tennis Tournament

      10th August 2021
      0
    • Japan Extends Corona Emergency Around Tokyo

      Japan Extends Corona Emergency Around Tokyo

      30th July 2021
      0
    • Andy Murray: Olympics can Offer Hope

      Andy Murray: Olympics can Offer Hope

      21st July 2021
      0
    • Czech Volleyball Beach Player Tests Positive in Olympic Games

      Czech Volleyball Beach Player Tests Positive in Olympic Games

      19th July 2021
      0
    • Tokyo Olympic Athletes Village Officially Opens

      Tokyo Olympic Athletes Village Officially Opens

      13th July 2021
      0
    • Japan Extends Corona Emergency Around Tokyo

      Advice From Japanese Doctors: Do Not Allow Spectators During Games

      18th June 2021
      0
    • Nadal Back in Second Place in the World Ranking After Tournament Win

      Nadal Back in Second Place in the World Ranking After Tournament Win

      26th April 2021
      0
    • Basketball Players LA Lakers Second Defeat in NBA

      Basketball Players LA Lakers Second Defeat in NBA

      29th December 2020
      0
    • Basketball Players LA Lakers Second Defeat in NBA

      Los Angeles Lakers Win NBA Title

      12th October 2020
      0
  • Travel
    • Top 6 Campsites in Canada

      Top 6 Campsites in Canada

      18th December 2018
      0
    • Alberta-Canada

      10 Most Photogenic Places On Earth

      3rd May 2018
      0
    • HuaShanChina

      Hua Shan Trail In China

      1st May 2018
      0
    • Holiday

      5 Most Popular Holiday Destinations

      29th April 2018
      0
    • Khao Yai Travel

      Khao Yai- Heaven on Earth

      22nd April 2018
      0
    • Job in Australia

      10 Steps to Get A Job in Australia

      22nd April 2018
      0
    • Summer Camps

      How to Enjoy a Great Time at Summer Camps?

      21st April 2018
      0
    • Perfect Lads Holidays

      4 Tips for Planning the Perfect Lads Holidays

      20th April 2018
      0
  • Rumours Don’t Stop Because of His Family Name: Putin has a Son-in-Law Named Zelensky

  • Ukrainian Resistance Blows Up Tracks for Russian Soldier Train-Two Senior Officers Killed

  • Netflix Lays Off 150 Employees After Disappointing Figures

  • Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

  • Commercial Flight from Capital Yemen for the First Time in Six Years

InternationalNewsTechnology
Home›International›Samsung Halves Profit Due To Weak Sales Memory Chips

Samsung Halves Profit Due To Weak Sales Memory Chips

By Clive Swift
31st July 2019
673
0
Share:
Samsung News

Samsung Halves profit due to Weak sales Memory Chips. Samsung saw its profit cut in half compared to last year.

 

The sales of the South Korean tech giant also declined.

Samsung made a profit of 4.5 billion pounds in the second quarter of this year,

 56 percent below than in the same quarter a year ago.

The company reports this in its quarterly figures.

Turnover came to 38 billion pounds, a decrease of 4 percent.

Among other things, Samsung blames the weak market for memory chips,

 one of the essential products for Samsung.

The company expects ‘continuing uncertainty’ around the memory chips,

 which still accounted for a turnover of 2.64 billion pounds.

The trade conflict between South Korea and Japan may also play a role in the uncertainty.

Analysts expect the market for memory chips to improve again in 2020.

Phone sales are declining
The mobile branch also performs worse than expected.

Samsung records a profit of 1.73 billion pounds for its telephone branch,

 much lower than the 1.83 billion pounds in the second quarter of 2018,

 and 1.56 billion pounds in the first quarter of this year.

Sales of the Galaxy S10 have fallen, and the company promises to increase profits,

 with the introduction of the Galaxy Note 10 and the foldable Galaxy Fold later this year.

Samsung does not go into his folding phone,

 but the unexpected sales delay of more than five months has probably also caused a dent in the profit.

Oled branch up again
Samsung’s display branch has made a profit of 516 million pounds due to improving demand for OLED screens for telephones and a one-off payment.

That payment probably comes from Apple, which had to pay a one-time fine for not taking a minimum number of OLED screens.

Apple also saw its iPhone sales fall recently, and had fewer iPhones made than planned.

Samsung’s consumer electronics branch made a profit of 488 million pounds,

 an increase of 137 million pounds compared to a year earlier.

The 7.5 million pounds of revenue generated last quarter was 6 percent higher than a year earlier.

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