Samsung posts best quarterly profit amid chip boom
27 July, 2017, 18:24
But while its bottom line is better than ever, the company's leadership is in turmoil after its vice chairman and de facto chief Lee Jae-yong was jailed amid a corruption scandal that unseated former South Korean president Park Geun-hye. Analysts were expecting a profit of about 9.75 trillion won, according to a projection by Bloomberg.
Conversely, the IT and mobile communications unit, led by smartphone production, saw its operating profit decrease 6% to a little over 4 trillion won.
Samsung is set to unveil its new Note device next month in NY, just over a year after the exploding battery crisis that saw it remove the Note 7 from shelves.
"Samsung's chip business is likely to keep growing well too, as it seems to have cracked the code to become a key part of cloud infrastructure offerings", Mueller added.
Despite the unprecedented performance and glowing praise from analysts, Samsung said it expects third-quarter profit to decline because of marketing expenses related to the upcoming launch of its new Galaxy Note handset.
Samsung also plans to expand its NAND chip plant in the Chinese city of Xian to meet booming demand for the chips used in high-end storage products, it said.
The last total solar eclipse over the continental US was in February 1979, when it was visible only from five Northwestern states. Expect major highways between Utah, Idaho and Wyoming to be especially crowded, so allow extra travel time.
His statements signal a more confrontational stance to the North Atlantic Treaty Organisation ally after escalation in tensions. Alongside Steudtner, they include two journalists, Deniz Yucel and Mesale Tolu, who have been accused of aiding terror groups.
Still, it looks like Affleck is 100% in for The Batman! Justice League - Part One arrives in theaters November 17, 2017. However, Affleck appeared at Comic-Con on Saturday alongside his " Justice League " co-stars and denied THR's report .
A finished road could provide Chinese troops with an avenue to sever India's access to its northeastern states. India said on Thursday that there should be freedom of navigation in the South China Sea.
The head of the court, Malgorzata Gersdorf, said in parliament that Law and Justice has chose to "destroy the Supreme Court". Poland's president, upon the request of the justice minister, gets to decide which judges may remain on the court.
The nursing home on the building's ground floor did not have many patients as the place was being renovated. The fact that the nursing home on the ground floor was not in operation may have also saved several lives.
Partly sunny skies through the rest of the afternoon as high temperatures reach the low 90s with humidity. A chance for rain does return to the forecast Sunday , with a 20 percent chance throughout the day.
Meanwhile, Celtic have released a club statement condemning the actions of "a small minority" of its supporters. Celtic have racked up over £100,000 in fines since 2011 for a number of issues regarding fan behaviour.
Officials say they will not release the identities of the victims or where they're from until their families can be notified. Mexican officials were working with USA authorities to identify the dead, the country's foreign ministry said .
Naval Operations chief admiral John Richardson said: "The nation is going to be very proud of USS Gerald R. The Ford was built at Newport News Shipbuilding , a giant Navy contractor in Virginia.
3-month-old killer whale dies at SeaWold San Antonio
The female baby orca whale , a species also known as a killer whale , died after facing progressive health issues last week. SeaWorld , which has not captured a wild orca in more than 40 years, now has 22 orcas left in the United States.
Can't say if 39 Indians alive: Iraqi minister
Meanwhile, Shiromani Akali Dal MP Chandu Majra sought answers from the government on the issue in Parliament on Monday. Iraqi forces liberated Mosul after 266 days of fierce battles, ending three years of Islamic State rule.
Parents Dosed Newborn to Mask Her Addiction: Cops
When spotted by security he tried to run out of the store while holding his infant daughter in a vehicle seat. Authorities said a Walmart robbery is what led them to the parents and tipped them off about the drug crimes.
Phil Spencer talks Xbox One X preorder, "coming soon"
When Microsoft first showed off the console, the company said pre-orders would be delayed until it had been certified by the FCC. Microsoft has been a bit mum on when pre-orders will begin, which has led to some gamers tweeting their questions.
Lucky Whitehead the latest in embarrassing Cowboys saga
Yet Whitehead's agent, David Rich , insists that his client was not in Virginia during the incident, per ESPN's Adam Schefter . It's been a rough couple of weeks for Whitehead , who also recently had his dog stolen, and later returned.
Cavaliers talking contract with Derrick Rose
Magic Johnson has reiterated that the team is prioritizing signing a veteran point guard to back up and mentor Lonzo Ball . The Lakers continued their deliberate approach to free agency by pursuing point guards on one-year deals.
DTH stocks fall up to 6 pc on announcement of Jio phone
The mood was upbeat as Ambani announced that "Jio, in next 12 months, will cover 99 per cent of our country's population". Jio Phone comes with few pre-loaded apps such as Facebook, PM Modi's Man ki baat app, Jio browser and other Jio apps.
Drug-Resistant HIV Is On the Rise
By 2020, states the plan, 90 percent of infected people must know their status, of whom 90 percent must be on treatment. UNAIDS also said there were about 36.7 million people with HIV in 2016, up slightly from 36.1 million the year before.
Al-Aqsa remains closed with 9 injured in Protests
Spokesman Micky Rosenfeld said the security measures "are to ensure and prevent further incidents or attacks " and would continue. Arab-Israeli lawmakers joined the protesters and called for the metal detectors at the site to be removed.
Google Glass Is Back, and It's No Longer Meant for Everyone
Employees that require prescription glasses or a special reinforced protection for instance, can take advantage of this design. For an idea of Glass' new lease on life, Google points to Agco , a manufacturer and distributor of agricultural equipment.
Lecointre to be France's top military official
De Villiers, who has been in the position since 2014, added that he could no longer perform the functions of the job. Balkans war veteran General Francois Lecointre has been nominated as Gen de Villiers' successor.