Samsung Chips Post Record $10.4 Billion Profit
Samsung Electronics posted 15.1 trillion won ($10.4 billion) in chip profit in 2024, marking the first year it fell behind its crosstown rival SK hynix, except for 2023 when both companies recorded significant losses due to a cyclic downturn. The Korean electronics giant announced its 2024 annual and fourth-quarter earnings
Alibaba’s Revenue Misses Expectations Amid Economic Slowdown
Alibaba's revenue growth slows and profit falls as economic challenges and rising competition impact core e-commerce business.
