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That will be still up 11 percent from a year ago, helped by efficiency improvements and cost-cutting in the chip business, which accounts for nearly four-fifths of Samsung’s operating profit. “Since Samsung continues to reduce the costs of (semiconductors), it is not very likely to witness a so-called hard-landing situation,” said Avril Wu, senior research director at DRAMeXchange. Higher server demand would help the memory chip market regain stability after the first quarter of next year, Samsung said, chiming with the outlook given by South Korean peer SK Hynix last week.

Samsung’s semiconductor business booked a 37 percent rise in operating profit to 13.7 trillion won, while the mobile business posted a 33 percent fall to 2.2 trillion won, Squeezed by competition with Apple Inc in the premium segment and with Chinese rivals in other segments, Samsung’s smartphone business saw profit fall to the lowest level since the first quarter of 2017, It plans to share details of its development of bold pink fuschia cufflinks | uk foldable smartphones at a conference early next month, hoping the model will help revive its premium cache..

(Reuters) - Sprint Corp (S.N) beat Wall Street’s estimates for quarterly revenue, profit and overall net subscriber additions on Wednesday, driving shares in the No. 4 U.S. wireless carrier 9 percent higher in morning trading. Sprint, which is awaiting regulatory approval to merge with bigger rival T-Mobile US Inc (TMUS.O), focused on increasing its revenue from devices such as tablets and smartwatches, and getting more customers for its higher-priced unlimited phone plans, Chief Executive Michel Combes said during an earnings call with analysts.

As customers add more devices other than phones, “it should reduce churn at the end of the day, because that means more devices per account,” Combes said, Sprint reported net income attributable to the company of $196 million, or 5 cents per share, in the quarter ended Sept, 30, compared with a net loss of $48 million, or 1 cent per share, a year earlier, Analysts were expecting the company to report a loss of 1 cent per share, according to Refinitiv data, Sprint’s business seems to be stabilizing, Jonathan Chaplin, an analyst with NewStreet Research, said in a note, adding “if the deal [with bold pink fuschia cufflinks | uk T-Mobile] is approved, it will be far easier to integrate a business that is stable.”..

Sprint added a net 109,000 subscribers who pay a monthly bill during the second quarter, down from 168,000 new subscribers at the same time last year. Analysts on average had expected the company to lose a net 10,000 subscribers, according to research firm FactSet. In July, Sprint revamped its unlimited wireless plans to include a basic and premium plan. Combes previously said the higher prices for those plans could affect future customer additions, as the carrier tries to balance growth with profitability.

Sprint fell short of estimates for it to add 22,000 net phone subscribers, instead losing 34,000 in the quarter as it battles the negative perception of its network quality compared to AT&T Inc (T.N) and Verizon Communications Inc (VZ.N), Churn, or the rate of customer bold pink fuschia cufflinks | uk defections, among phone customers who pay a recurring bill, was 1.73 percent during the quarter, up from 1.59 percent in the same period last year, Combes said Sprint expected the churn level to continue over the next several quarters, as customers who were on promotional pricing plans could leave after the offer ends..

DETROIT (Reuters) - General Motors Co (GM.N) said on Wednesday it plans to cut its North American salaried workforce, starting with voluntary buyout offers but resorting to layoffs if necessary. The Detroit automaker began notifying employees of the cost-cutting move as it reported third quarter profits that beat Wall Street estimates. GM, however, has had to cut its forecast for automotive cash flow, and for the first nine months of 2018 has burned $300 million in cash in its core auto operations, as costs for steel and other commodities have risen.

ZURICH bold pink fuschia cufflinks | uk (Reuters) - Siemens (SIEGn.DE) went back to its Berlin roots on Wednesday as it announced plans to invest up to 600 million euros ($681 million) to create an industrial and technology hub in the German capital, The investment will help to create a new Siemensstadt, or Siemens city, in the part of Berlin where the engineering group’s predecessor company set up factories at the end of the 19th century, The new project in Spandau, which covers an area of 70 hectares, aims to transform the large industrial area into a modern, urban district of the future, to promote innovation and collaboration between sciences and business, Siemens said..



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