Saturday, May 28, 2022

Samsung likely to cut phone production by 30 million units in 2022

Amid the pandemic crisis, South Korean tech giant Samsung has reportedly decided to cut its phone production by 30 million units this year. https://ift.tt/ri6VuOA
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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...