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Samsung's Upcoming US Chip Plant Cost Said to Rise to More Than $25 Billion: All Details
Samsung's upcoming chip plant in Texas will cost more than $25 billion (roughly Rs. 2,06,660 crore) to build, pushing up the cost of what are already high spending plans for the South Korean conglomerate. Most government grants will only cover up to 15 percent of the cost of new plants, US Commerce Department officials said early this month. Samsun...
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Foxconn Raises Full-Year-Outlook Despite Rising Inflation, Global Chip Shortage
Foxconn has raised its full-year business forecast on Monday, after an increase in smartphone sales in June. The firm saw a 31 percent jump in sales from a year earlier, to a record high for the month. The increase comes despite concerns of slowing demand due to rising inflation, and a global chip shortage. The ongoing semiconductor shortage has al...
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High Prices, Steady Supply Chain Protect BMW From Industry Woes
While rising raw material prices impacted earnings this year, the company's strong relationship with suppliers has cushioned the blow, CEO Oliver Zipse said.
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Samsung Electronics Q3 Profit Rises To 3-Year High On Chip Sales
Samsung Electronics Co Ltd's third-quarter profit rose 28% to its highest in three years, as strong memory chip prices, chip contract manufacturing and display sales outweighed increased costs to produce consumer electronics.
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OnePlus 8 Series Price Revealed by CEO Pete Lau, OnePlus 8 Pro Breaks 13 Records on DisplayMate
CEO Pete Lau reportedly says that the high OnePlus 8 series cost is due to technical challenges that 5G brings along. "Prices across the supply chain, from raw materials to 5G chips, are all rising generally in the industry,” Lau said.
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Sensex Snaps Five-Day Losing Streak; Blue Chips Rise
Analysts broadly expect shares to remain pressured, and off the record highs hit late last month, ahead of the outcome of elections on May 16.
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Dow, S&P 500 end higher on Microsoft, Europe data
Microsoft was the biggest gainer on the blue chip Dow index after Reuters reported the company had narrowed its CEO search to a handful of names. Its shares rose 4.2 per cent to $38.18 after rising as high as $38.22, the highest since July 2000.
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Sensex gains for 3rd day; RIL, ITC lead
The Sensex gained for a third consecutive session on Monday to two-year highs on rising optimism about corporate profits after Reliance Industries and ITC become the latest blue chips to post better-than-expected earnings.
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Samsung's Upcoming US Chip Plant Cost Said to Rise to More Than $25 Billion: All Details
Samsung's upcoming chip plant in Texas will cost more than $25 billion (roughly Rs. 2,06,660 crore) to build, pushing up the cost of what are already high spending plans for the South Korean conglomerate. Most government grants will only cover up to 15 percent of the cost of new plants, US Commerce Department officials said early this month. Samsun...
-
Foxconn Raises Full-Year-Outlook Despite Rising Inflation, Global Chip Shortage
Foxconn has raised its full-year business forecast on Monday, after an increase in smartphone sales in June. The firm saw a 31 percent jump in sales from a year earlier, to a record high for the month. The increase comes despite concerns of slowing demand due to rising inflation, and a global chip shortage. The ongoing semiconductor shortage has al...
-
High Prices, Steady Supply Chain Protect BMW From Industry Woes
While rising raw material prices impacted earnings this year, the company's strong relationship with suppliers has cushioned the blow, CEO Oliver Zipse said.
-
Samsung Electronics Q3 Profit Rises To 3-Year High On Chip Sales
Samsung Electronics Co Ltd's third-quarter profit rose 28% to its highest in three years, as strong memory chip prices, chip contract manufacturing and display sales outweighed increased costs to produce consumer electronics.
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OnePlus 8 Series Price Revealed by CEO Pete Lau, OnePlus 8 Pro Breaks 13 Records on DisplayMate
CEO Pete Lau reportedly says that the high OnePlus 8 series cost is due to technical challenges that 5G brings along. "Prices across the supply chain, from raw materials to 5G chips, are all rising generally in the industry,” Lau said.
-
Sensex Snaps Five-Day Losing Streak; Blue Chips Rise
Analysts broadly expect shares to remain pressured, and off the record highs hit late last month, ahead of the outcome of elections on May 16.
-
Dow, S&P 500 end higher on Microsoft, Europe data
Microsoft was the biggest gainer on the blue chip Dow index after Reuters reported the company had narrowed its CEO search to a handful of names. Its shares rose 4.2 per cent to $38.18 after rising as high as $38.22, the highest since July 2000.
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Sensex gains for 3rd day; RIL, ITC lead
The Sensex gained for a third consecutive session on Monday to two-year highs on rising optimism about corporate profits after Reliance Industries and ITC become the latest blue chips to post better-than-expected earnings.
