South Korean company Samsung Electronics in the third quarter of this year took first place in the global smartphone market. This was reported on Friday by KBS, citing data from the international research company Counterpoint Research.
According to this data, during this period, Samsung controlled 22% of the world market. In second place is the Chinese manufacturer Huawei – 14%, in third place Xiaomi – 13%. Next are Apple – 11% and Oppo – 8%. Thus, the South Korean manufacturer regained the lead, which it lost to Huawei in the second quarter, according to KBS.
There are reports of high sales of Galaxy A-series smartphones in the US and M-series in India. Given the positive reaction of buyers to Apple’s new iPhone 12, the US company is expected to improve its position in the fourth quarter. A total of 366 million smartphones were shipped to the world market in the third quarter. This is 32% more than in the previous quarter.
Sales of Samsung Electronics in the third quarter of this year increased by 8% and reached a record high for the quarter, amounting to 67 trillion won ($ 59 billion). Operating profit increased by 58.8% during the period. Experts in Seoul attribute this phenomenon, in particular, to the growing demand for household appliances and smartphones in the context of a coronavirus pandemic.
Apple has announced that it will hold a presentation of new products next week – the third since the beginning of 2020. According to the company’s website, the event will be broadcast from the head office in California on Tuesday, November 10. The company announces the event with the words “One More Thing”. This phrase, […]
Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]
According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors. Thus, shares […]
American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]
Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]
In the last week of October, investors expect a lot of news, as more than one-third of the components of the S&P 500 index, or 186 companies, must report financial results for the third quarter. The information field is even richer given the election race in the United States, the situation with the pandemic and […]
Intel Corp. sells to South Korean the SK Hynix Inc. unit in the field of manufacture NAND memory chips and the storage devices for $ 9 billion. The agreement includes manufacturing operations for NAND chips SSD-drives, NAND components and semiconductor wafers, said in the press release from Intel. SK Hynix will also receive the plant […]
Savvy entrepreneurs use these strategies to ensure every business partnership is a match made in heaven. Great businesses are founded on great partnerships. But great businesses can also be destroyed by bad partnerships. These entrepreneurs—and members of The Oracles—share their hard-won wisdom about what to watch out for before joining forces with a business partner. […]
Next Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]
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The electronics company LG has completely stopped producing smartphones. The latest gadgets of this brand are Velvet 2 Pro and LG Rollable. These smartphones never hit the free market. And the rest of the models LG sells to its employees working in South Korea. By the way, the only factory that specialized in the manufacture […]
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The Verkhovna Rada adopted a law providing for the possibility of establishing state enterprises Ukrainian aircraft industry joint ventures (JVs) with foreign partners. Law №4809 “On Amendments to Certain Legislative Acts of Ukraine regarding the establishment of conditions for international cooperation entities of aircraft and the development of domestic aircraft” supported 241 MP of the […]
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On Wednesday, the 24th of November, 2015 The Securities and Exchange Commission told that the information was stolen for illegal insider trading profits. Promising young man whose name is Yue Khan (also he calls himself John Khan), came to work to one of the largest investment banks in the world in late 2014. His task […]
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According to Bloomberg, a source familiar with the situation, German manufacturer of sportswear and accessories Adidas AG is considering the possibility of selling its brand Reebok. “In the coming months, the company will decide whether to start the sale process,” the source said. According to the interlocutor of the agency, the internal assessment of sales […]
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Konstantyn Zhevago,the final beneficiary through Fevamotinico S.a.r.l. owns 50,3% of Ferrexpo shares. Shareholders Ferrerexpo Poltava Mining agreed to bond issue of Ferrexpo Finance Plc in an amount of 750 million dollars. Shareholders of PJSC Ferrerexpo Poltava Mining (FPM) is the largest producer of iron ore pellets in Ukraine, agreed to bond issue with the related […]
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The state food and grain corporation of Ukraine (SFGCU) provided an active work on previous years receivables return. As Ukrsadprom association reported,229 million of UAH and the taken measures into accounts of the corporation were still returned. Andrew Kovalenko, deputy director of economic security department and financial risks of JSC SFGCU noted: “Practically all receivables […]
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The value of bitcoin reached $ 50,000 on August 23. The last time cryptocurrency was traded at this level was on May 15. According to Coinmarketcap, which compares the data of the largest exchanges, bitcoin exceeded 50.1 thousand, rising by 2.6 percent per day. Other cryptocurrencies are also growing: Ethereum, Binance Coin, XRP and others. […]
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At the current rate of gas injection before the start of the heating season, its deficit in Europe will be about 28%. Such calculations are contained in the monthly statistics of Russia’s Gazprom. “The backlog in terms of filling compared to last year is 20.5 billion cubic meters of gas,” the document reads. Gazprom estimates […]
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Chinese e-commerce company JD.com Inc announced on Saturday that it will be the first platform in the country to accept China’s digital currency. The Central Bank of China will hold its second digital yuan lottery among citizens of Suzhou, near Shanghai on Friday. The total amount of playable digital yuan is 20 million ($ 3.06 […]
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The European Union has expressed its readiness to help Ukraine to gain access to the coronavirus vaccine. This is stated in a statement following the summit, the text of which was published on Monday, October 6, on the website of the European Pravda. The parties agreed that a pandemic threatens the entire world and its […]
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Lithuania, Latvia and Estonia have refused to use the Belarusian electricity. This was reported by the Interfax news agency. According to the agency, the governments of the Baltic countries have developed a common methodology for the electricity trade. It means that electricity supplied to Lithuania, Latvia and Estonia should not be produced in Belarus. Imported […]
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Deutsche Bank was able to resolve the conflict with the US regulator, agreeing with the charges of tax evasion and taking on the obligation to pay a fine in the amount of $ 95 million. It is reported by financial portal MinFin with reference to the foreign sources. In a statement, the bank’s press secretary […]
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The “Auchan” network won a lawsuit against the Antimonopoly Committee of Ukraine in the case of cartel retailers. In April 2015 the Antimonopoly Committee of Ukraine made a decision on the most massive and scandalous case in the food retail market – the cartel of 14 retailers, which, according to the AMC, has led to […]
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During the week, foreigners bought Ukrainian government bonds by UAH 2.844 billion, increasing the share of non-residents to UAH 102.864 billion, which is 10% of the total volume of IGLBs. The press service of the Ministry of Finance reports. Ukrainian banks remain the largest owners of IGLBs with a total share of 51.17%. During the […]
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