Samsung keeps making huge chip R&D investments despite falling operating profit

Samsung’s operating profit dropped by 96.6% in Q1 2023. The company experienced the worst quarterly operating profit decline in 14 years, and one of the primary factors was a severe semiconductor industry downturn. But despite this poor performance due to the market’s decline, Samsung recently confirmed that it will not slow down R&D investments and […]

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Samsung won’t cut investments despite massive profit drop in Q4 2022

Earlier today, Samsung announced its earnings for Q4 2022 and FY 2022, which revealed a profit nosedive of 69% compared to Q4 2021. Its semiconductor chip and smartphone divisions are usually the company’s cash cows, but even those segments performed poorly during the fourth quarter of 2022. However, the South Korean firm has no plans […]

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Microsoft’s investments in Climeworks are officially starting to pay off

One of Microsoft’s big bets for the future of sustainability is starting to bear fruit. Delicious carbonated fruit, that is.  Climeworks is one of Microsoft’s big green tech investments. A couple of years ago, we caught up with Microsoft to learn about how the team is looking to achieve a carbon-negative status across its entire […]

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