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Archive

Technology

Monday, December 16, 2019

Oracle misses revenue estimates
Technology

Oracle misses revenue estimates

Oracle Corp fell short of quarterly revenue estimates on Thursday as growth in its cloud services failed to counter declines in its traditional licensing business, and the company's chairman said it had no plans to hire a new co-CEO.
Published 16 Dec, 2019 12:00am
Samsung to invest an extra $8 billion in China chip plant
Technology

Samsung to invest an extra $8 billion in China chip plant

Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday. The South Korean group's investment comes as the memory market is expected to reboun
Published 16 Dec, 2019 12:00am
Telenor says Huawei will still play role in 5G rollout
Telecommunication

Telenor says Huawei will still play role in 5G rollout

Telenor reiterated on Sunday Huawei would be involved in building Norway's 5G network along with Ericsson, one of several companies to continue working with the Chinese company despite US pressure. Still, on Friday, the head of Telenor Norway, Petter-Boer
Published 16 Dec, 2019 12:00am