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A woman walks past a signboard of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 5, 2024. - Samsung Electronics said on April 5, it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover. (Photo by Jung Yeon-je / AFP)
A woman walks past a signboard of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 5, 2024. - Samsung Electronics said on April 5, it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover. (Photo by Jung Yeon-je / AFP)

Samsung Electronics forecasts major Q2 profit jump

Samsung Electronics said Friday it expects second-quarter operating profits to rise more than 15-fold on-year as chip prices bounce back and demand for generative AI continues to grow. The firm is the
3 hours ago
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Executive Director, Corporate Services, Sims Nigeria Limited, Mr. Fab Uzor (left); Country Manager Entertainment, TCL Electronics, Mr Alec Zhang; Chairman, Sims Nigeria Limited, Chief Simeon Eyisi; Country Manager Home Appliances, TCL Electronics, Mr Sam Yuan & Executive Director Operations, Sims Nigeria Limited, Ik Eyisi at the TCL - SIMS Partnership event held in Lagos recently.

Electronics firm, manufacturer partner to create tech jobs for Nigerians

As part of efforts to address job deficit and improve the country’s Gross Domestic Product (GDP), a consumer electronics company, SIMS Nigeria Limited and Chinese manufacturer, TCL, have agreed on a partnership
3 weeks ago