Business

Samsung Electronics profit slips on virus, more falls forecast

The world's biggest smartphone maker, Samsung Electronics, said Wednesday that net profits in the first quarter were only slightly impacted by the coronavirus pandemic but warned of further falls to come as demand is "significantly" ...

Business

India's under-pressure telecom firms hit with $13 bn bill

India's beleaguered telecom companies were dealt a blow on Friday after being told to pay a whopping $13-billion bill, though boosting Asia's richest tycoon Mukesh Ambani who has shaken up the sector with his low-cost deals.

Business

Global caution over 5G puts pressure on Nokia

Finnish tech company Nokia warned Thursday that its profits will be lower than expected due to tough competition and costs related to new-generation 5G networks, about which mobile operators are cautious amid global concerns ...

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