
Phone demand drives Samsung’s highest quarterly revenue, but warns of Q4 decline
According to its latest report, Samsung says demand for new smartphones during the pandemic helped it achieve its highest quarterly revenue figure ever.
According to its latest report, Samsung says demand for new smartphones during the pandemic helped it achieve its highest quarterly revenue figure ever.
The company’s year-on-year growth is down from 2019 this quarter, with COVID-19 cited for impacting the supply chain and production capacity of Huawei.
On the back of releasing its results, Netflix’s share price fell by five percent because investors were not happy.
After several delays, Huawei Mobile South Africa says Huawei Pay will be available locally sometime in Q3 of 2020.
Qualcomm says COVID-19 will have an impact on phone shipments in the coming months.
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