Russia’s trade and finance ministries will widen the criteria for systematically important firms to include companies from the electronics sector, the TASS news agency quoted Deputy Prime Minister Dmitry Chernyshenko as saying on Saturday. Russia’s government on Friday proposed a raft of support measures, including some for suppliers to state-owned companies and the IT sector,…
Russia to Include Electronics Firms on List of Essential Companies—Report
Samsung Electronics Q4 Profit Jumps on Server Chip Demand, Foundry Margins
SEOUL—Samsung Electronics Co. Ltd. said on Friday its fourth-quarter operating profit likely jumped 52 percent on-year to its highest for the quarter in four years, helped by solid demand for server memory chips and higher margins in chip contract manufacturing. The world’s largest memory chip and smartphone maker estimated October–December profit at 13.8 trillion won…
Here’s How Much Not Recycling Your Old Laptop Is Costing You
By Zaheer Dodhia Recycling is one of those buzzwords that go back and forth in popularity. On one hand, recycling electronics is a responsible, earth-friendly, sustainable thing to do. On the other hand, in today’s fast-paced world, it can be easy to set it aside in favor of focusing on production, sales, and the bottom…
Global Semiconductor Chip Shortage Could See ‘Painful Period’ Extend Into 2022: Marvell CEO
The global semiconductor chip shortage that is impacting the production of automobiles and consumer electronics will last until 2022 and possibly beyond, according to the CEO of semiconductor company Marvell Technology. “Right now, every single end market for semiconductors is up simultaneously; I’ve been in this industry 27 years, I’ve never seen that happen,” Marvell CEO…
‘Cocooning’ Australians Boost Retailers During Pandemic
Australians spent much of 2020 “cocooning” and it has driven remarkable sales results for major home-related retailers, according to an expert. Prof. Gary Mortimer, an expert in marketing and consumer behaviour at QUT Business School, explained that “cocooning” is a term used to describe individuals who prefer to stay home and insulate themselves from perceived…
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