ZTE postpones earnings report after being slapped with U.S. exports ban

ZTE will postpone the release of its quarterly earnings report after the United States government banned American companies from selling goods to the Chinese telecom and smartphone maker. In a filing with the Hong Kong stock exchange, ZTE said that its earnings report, originally set to be released on Thursday, is now delayed to an […]

View More ZTE postpones earnings report after being slapped with U.S. exports ban

Samsung posts another record profit thanks to its chips business

 Samsung posted another record quarter, and it again has its components business to thank for more stellar results. The Korea tech giant shrugged off scandals, which include a jail sentence for its de factor leader and last year’s Note 7 saga, to record a 14.53 trillion won ($12.92 billion) profit for the recent Q3 2017 period. Revenue came in at 62.05 trillion won ($55.18 billion), up… Read More

View More Samsung posts another record profit thanks to its chips business