But there will be a boom in memory chips
Samsung warned the coronavirus pandemic would hurt sales of smartphones and consumer electronics this year, while demand from data centres would fuel a recovery in memory chip markets.
The workers are still doomed
Futurist Gary Grossman has warned AI "may be the fastest paradigm shift in the history of technology may not create as many jobs as its displaces.
Paying tax is socialism in the US
While millions of middle and lower class Americans have just discovered that they are paying more tax under new Republican tax cuts, they will be no doubt overjoyed that Amazon's tax bill was nothing this year.
Marketing was a bit of an albatross
LG said operating profit likely rose 16.1 percent in April-June, although it was messed up by a big marketing budget for new products in its TV, smartphone and appliance divisions.
Software better than hardware
Cisco Systems reported its first rise in quarterly revenue in more than two years and forecast upbeat current quarter profit, as the network gear maker’s years long efforts to transform into a software focused company appears to be paying off.
Will split its stock
Samsung announced its first stock split as it expects demand for semiconductors to remain firm in 2018, while it posted record annual profit driven by a memory chip “super-cycle”.
Huge payouts to shareholders
Samsung Electronics named a new generation of top managers on Tuesday and promised to reward shareholders with $26 billion in payouts to 2020, as it reported record third quarter profits.
Thanks for the memories
Samsung Electronics has said its second-quarter operating profit rose 72 percent from a year earlier to a new record.
$1.86 billion in the second quarter
MediaTek expects its second-quarter revenues to see sequential increase to $1.86 billion.
Expect the Tame Apple Press to give it another headline
Fruity cargo cult Apple is expected to announce the results of a huge corporate tax dodge today, but expect the Tame Apple Press to be running stories about how wonderful the company is.