Samsung Sees Profit Decline On Weak Server Chip Demand After Strong Third-quarter Earnings
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Samsung Electronics Co Ltd said on Thursday it expects fourthquarter profit to fall due to weak server chip demand and rising smartphone competition, after posting its best quarterly operating profit in two years in the third quarter.
A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in 'Silicon Wadi', Israel's answer to Silicon Valley.
The JioPhone Next will be made available for purchase on Diwali (November 4) and users can purchase the smartphone for Rs 1,999 entry price and pay the rest in easy EMIs.
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