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Korean tech giants Samsung and LG see operating profits rise in Q2

Jan 27, 2017 AM EST - Hayden Thomas

Korean Tech Giants Samsung And LG See Operating Profits Rise In Q2

LG Electronics recently announced that in 2016, the company achieved a net profit of 126.300 billion Won (101.1 million euros / 108.3 million). This represents a 49.2 percent less profit than the year before continuing losses.

Why Apple Pay Declines

Jan 07, 2017 AM EST - Hayden Thomas

Apple Cuts Pay To Tim Cook For Not Meeting 2016 Targets

With Apple's declining profits, the richest U.S company has decided to decrease its payroll as well.

Samsung Galaxy S6 (Photo by Spencer Platt / Getty Images News)

Oct 21, 2015 PM EDT - Czarelli Tuason

Analysts Predict A Low Profit For Samsung Electronics In The Third Quarter Of 2015

As sales for Samsung Electronics' smartphones continue to struggle, analysts forecasted low profits for the tech giant with a 6.4 percent decline.

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