Reuters reports Samsung is in talks with ZTE to supply its Exynos chips to the Chinese market after the U.S. ban.
China's ZTE is likely in Samsung's sights, according to the report, as the firm was recently slapped with a seven-year sales ban in the USA which means it's no longer able to obtain chips from American chipmaker Qualcomm.
Inyup Kang, head of Samsung's logic chip developer System LSI, said that the company is in talks with all OEMs; offering them the opportunity to become a Samsung customer. However, Samsung later sent a statement to Reuters that there is no certainty that a deal will be reached with ZTE.
Reuters has reported that Samsung is in talks with a number of smartphone makers, including troubled Chinese manufacturer ZTE, to start supplying them with mobile processor chips from its Exynos brand. Notably, the company's System LSI business increased its shipments by 27 percent, Counterpoint stated.
As the smartphone market slows, Samsung's logic chip division also plans to seek growth in new fields such as fifth-generation mobile network technology (5G) and automotive, Kang said. This move if successful, can put Samsung in direct competition with Qualcomm, which supplies to all the major smartphone makers.
He said Samsung is in discussion with multiple automobile companies to develop chips for autonomous driving, declining to name the vehicle makers.
Currently Samsung, which is the world's smartphone manufacturer, is also the world largest semiconductor based microprocessor chipset manufacturer in the world.
This meant, companies such as Qualcomm and Intel won't be selling chips to ZTE, and the company is looking for other suppliers such as Samsung. Samsung's semiconductor business reported a 2017 operating profit of $33 billion, and it contributed more than 65 percent of the whole firm's record annual profit of 53.65 trillion won past year. He declined to provide last year's growth rate.
Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time. When we look at the Volatility of the company, Week Volatility is at 7.19% whereas Month Volatility is at 7.61%.
North American Construction Group Ltd . ( NOA ) negotiated 99,425 shares and maintained an average volume of 47.15K shares. The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time.
The largest is Chicken of the Sea owned by the Thai Union Group, while the second largest is Bumble Bee and then StarKist. The market for canned tuna across the USA has been dominated for a long time by just three companies.
Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 2.64, and a price to sales ratio of 1041.67. The company had revenue of $305.74 million during the quarter, compared to the consensus estimate of $237.22 million.
Monzo , the United Kingdom challenger bank, has finally added Apple Pay to its mobile-only current account. It's not just for your iPhone though - it'll also work with your Apple Watch, iPad or MacBook Pro.
On Thursday, February 15 the rating was maintained by SunTrust with "Hold". ( NASDAQ : TRIP ) rating on Thursday, September 28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
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And we are certainly glad to share that OnePlus 6 passes the extensive scratch, burn, and bend test with flying colours. The screen withstood an open flame for about 20 seconds, after which the pixels exposed to it permanently died.
RJD To Meet Governor To Form Govt In Bihar
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Analysts Ratings on: Enbridge Energy Management LLC (EEQ)
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Another transgender woman is murder in Dallas
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Jay Rock Comes Through In The Clutch For The "Win"
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Twelve South Intros AirFly Bluetooth to 3.5mm for AirPods
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