Sunday, May 29, 2022

Chinese government data shows domestic smartphone shipments fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19 in China (Yang Jie/Wall Street Journal)

Yang Jie / Wall Street Journal:
Chinese government data shows domestic smartphone shipments fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19 in China  —  From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world's biggest smartphone market



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Samsung unveils a $7.2B share buyback plan, its first since 2017, aimed at boosting its stock, which has fallen 30%+ in 2024 on concerns over Chair Lee Jae-yong (Financial Times)

Financial Times : Samsung unveils a $7.2B share buyback plan, its first since 2017, aimed at boosting its stock, which has fallen 30%+ in...