Page 4 - சீனா ஹூவாய் தொழில்நுட்பங்கள் இணை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Ethiopia shuns China-backed consortium in favour of US
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LDP seeks way to protect Japanese firms amid U S -China rivalry
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LDP seeks body to protect Japan firms amid U S -China rivalry
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Largan proposes issuing dividends every six months
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Provided by Dow Jones
By Timothy W. Martin SEOUL Samsung Electronics Co. s first-quarter net profit rose 46%, boosted by a greater appetite for the South Korean tech giant s gadgets and appliances that softened the financial hit from a temporary shutdown of its U.S. semiconductor production. The world s largest smartphone and memory-chip maker reported a net profit of 7.14 trillion South Korean won, or the equivalent of about $6.4 billion, up from 4.88 trillion won the prior year. Revenue rose 18% to 65.4 trillion won for the three months ended March 31. Samsung is a proxy for the global tech world, making a wide range of electronic gadgets while serving as a components supplier for its biggest rivals.