Order the just-launched Galaxy Fold7, Flip7, or Watch8 Classic – New deal Galaxy S25 Ultra
Last updated: October 6th, 2014 at 15:22 UTC+02:00
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Samsung's revenue through its mobile division is diminishing due to increased competition from Apple in the high-end category and from Chinese brands in the entry-level smartphone market. Two weeks ago, its share price dropped to a 2-year low as profit estimates declined. This is why Samsung is investing on manufacturing semiconductor chips, a business unit which has been experiencing consistent growth. Last week, Samsung announced that it is expecting improved profits due to its deal with Apple to provide next generation processing chips based on 14nm technology. Last quarter, Samsung had announced that it would set up a $1 billion display manufacturing plant in Vietnam.
Asif is a computer engineer turned technology journalist. He has been using Samsung phones since 2004, and his current smartphone is the Galaxy S21 Ultra. He loves headphones, mechanical keyboards, and PC hardware. When not writing about technology, he likes watching crime and science fiction movies and TV shows.
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