Samsung Electronics's Q2 profit likely halved amid Huawei ban

Source: Dukascopy Bank SA
Samsung Electronics's Q2 profit likely to be reduced by half after reporting preliminary earnings last Friday, as a plunge in the memory chip shipments to Huawei aggravated the price-squeezing supply glut.
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Wed, 03 Jul 2019 08:34:59 GMT

Tesla sets record for quarterly car deliveries

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Wed, 03 Jul 2019 06:12:50 GMT

Washington urges to treat Huawei as blacklisted

The US government's senior official stated on Wednesday that China's Huawei should be treated as a blacklisted company, a couple of days after the US President Donald Trump had sowed confusion with his pledge to ease the ban on sales.

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