(Bloomberg) — Samsung Electronics Co. posted its sixth straight quarter of declining operating profit, reflecting weak consumer demand and stoking uncertainty over the timing of a broader tech recovery. Most Read from Bloomberg Korea’s largest company reported a 35% fall in operating income to 2.8 trillion won ($2.1 billion), about 24% shy of estimates. Revenue slid more than anticipated to 67 trillion won. For all of 2023, Samsung reported its slimmest operating profit in 15 years. The… Source link
Read More »Tom Pernice Jr.’s alleged behavior sounds chillingly familiar, and speaks to why domestic violence persists
The abuse alleged against PGA Tour member Tom Pernice Jr. is deeply disturbing, and also offers valuable insight into why such behavior persists. (Photo by Amy Lemus/NurPhoto via Getty Images) Warning: This column contains depictions of alleged domestic violence. Abusers are abusive for control. They can be emotionally abusive, verbally abusive and physically abusive. Often those three things happen in concert: An abuser will strike their victim, including name-calling or putdowns, and then say… Source link
Read More »TSMC Hikes Outlook Yet Delays Spending as Uncertainty Persists
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. raised its 2022 revenue forecast while warning it will trim spending on expansion by as much as 9% from initial projections, reflecting uncertainty about electronics demand in the face of a potential global recession. Most Read from Bloomberg Chief Executive Officer C. C. Wei warned on Thursday it was too early to go into specifics about spending plans or the outlook for semiconductor demand in 2023 should customers delay purchases. But… Source link
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