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Samsung

Xiaomi’s slow shift in India to premium smartphones helps Samsung steal its crown

NEW DELHI/LUCKNOW: Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones,...

Published 16 Mar, 2023 11:15am

Business & Finance

Samsung’s quarterly profit sinks to 8-year low on demand slump

SEOUL: Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low...

Published 06 Jan, 2023 10:49am

Technology

India to press Apple, Samsung for faster 5G software upgrades in phones

NEW DELHI: India’s government will push Apple, Samsung and other mobile phone manufacturers to prioritise rolling...

Published 11 Oct, 2022 02:12pm

Technology

India’s push for home-grown navigation system jolts smartphone giants

NEW DELHI: India is pushing tech giants to make smartphones compatible with its home-grown navigation system within...

Published 27 Sep, 2022 04:06am

Technology

SoftBank looks to form a ‘strategic alliance’ between Arm and Samsung

TOKYO/SEOUL: SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung...

Published 22 Sep, 2022 12:02pm

Business & Finance

Samsung Electronics to invest over $5bn as it targets net zero emissions by 2050

SEOUL: Samsung Electronics will invest over 7 trillion won ($5.02 billion) by 2030 as part of sweeping environmental...

Published 15 Sep, 2022 06:20pm

Business & Finance

Samsung unveils new foldable smartphones, seeking keep lead in growing market

SEOUL: Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the...

Published 10 Aug, 2022 06:21pm

Markets

China’s smartphone makers chip away at Samsung, Apple’s Russian market share

China’s market share in the Russian smartphone market jumped significantly in May as manufacturers like Apple and...

Published 09 Jun, 2022 07:17pm

Business & Finance

Samsung commits $356bn in investments with 80,000 new jobs

SEOUL: South Korean conglomerate Samsung Group on Tuesday unveiled a massive 450 trillion won ($356 billion)...

Published 25 May, 2022 04:40am

Business & Finance

Samsung Electronics Q1 net profit up 58.57 percent

SEOUL: South Korean tech giant Samsung Electronics posted a 58.57 percent rise in first-quarter net profits on...

Published 28 Apr, 2022 09:50am

Technology

Xiaomi inaugurates smartphone manufacturing facility in Pakistan

Chinese smartphone manufacturer Xiaomi Technology has inaugurated its manufacturing facility in Pakistan with Air...

Published 04 Mar, 2022 04:18pm

Business & Finance

Renault says it backs moratorium on deep-sea mining

JOHANNESBURG: French automaker Renault SA has backed a moratorium on deep-sea mining, the company told Reuters on...

Published 11 Feb, 2022 04:31am

Markets

S22 series: Samsung's newest Galaxy smartphones have enhanced camera, faster chip

Says S22 Ultra, S22 Plus and S22 will be widely available starting February 25
In the US, the Galaxy S22 will be priced from $799.99, the S22 Plus at $999.99 and the S22 Ultra at $1,199.99

Updated 09 Feb, 2022 09:09pm

Business & Finance

Samsung reports 53pc jump in profit despite supply chain woes

SEOUL: South Korean tech giant Samsung Electronics said Thursday its operating profit rose 53.3 percent in the ...

Published 31 Jan, 2022 07:10am

Business & Finance

Samsung forecasts 52.5pc jump in Q4 profits

SEOUL: Samsung Electronics expects operating profits for the fourth quarter to soar 52.5 percent, the South Korean...

Published 10 Jan, 2022 07:02am

Business & Finance

Samsung in talks to buy Biogen for $42bn

NEW YORK: Shares of Biogen surged Wednesday following a report that South Korean giant Samsung Group is in talks to...

Published 03 Jan, 2022 06:42am

Business & Finance

Samsung’s TV line-up plant begins production in Karachi

The plant established in collaboration with the Karachi-based R&R Industries will initially produce 50,000 units of TV sets each year

Published 07 Dec, 2021 12:51pm

BR Research

Smartphone policy: It’s working!

The growing import bill is washing away economic stabilization. The bill stood at $7.5 billion plus in Nov-21....

Updated 03 Dec, 2021 12:21pm

Business & Finance

Production may begin by CY-end: Samsung mobile phone plant to offer 800 jobs at the outset: S. Korean envoy

KARACHI: The Ambassador of South Korea to Pakistan Suh Sangpyo has said that Samsung is establishing a mobile phone...

Updated 01 Dec, 2021 11:53am

Business & Finance

Samsung to build $17bn chip plant in Texas

SAN FRANCISCO: Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that...

Published 29 Nov, 2021 06:03am

Business & Finance

Samsung to build $17bn chip plant in Texas

SAN FRANCISCO: Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that...

Published 25 Nov, 2021 03:53am

Business & Finance

Samsung to build $17bn chip plant in Texas

SAN FRANCISCO: Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that...

Published 24 Nov, 2021 10:32am

Technology

Xiaomi partners with Air Link to manufacture smartphones in Pakistan

Development comes after Air Link last month announced that it will incorporate a wholly-owned subsidiary 'Select Technologies (Pvt) Limited'

Updated 01 Nov, 2021 08:01pm

World

Samsung boss goes on trial on drugs charges

SEOUL: The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong went on trial Tuesday on charges of...

Published 13 Oct, 2021 04:47am

Business & Finance

Samsung forecasts near-30pc jump in Q3 operating profit

SEOUL: South Korean tech giant Samsung Electronics defied the global supply chain challenges to forecast a...

Published 11 Oct, 2021 04:32am

Samsung to set up TV plant in Karachi

ISLAMABAD: The Korean company M/s Samsung is to set up its TV line-up plant in Pakistan in collaboration with a...

Published 23 Sep, 2021 04:02am

Business & Finance

Samsung Electronics setting up TV line-up plant in Karachi

In another major development for Pakistan's manufacturing sector, South Korean electronics giant Samsung is in the...

Published 22 Sep, 2021 11:51am

Business & Finance

Number of locally-produced cell phones surpasses imports

ISLAMABAD: The production of mobile phones by local manufacturing plants has surpassed the number of mobile phones...

Published 22 Sep, 2021 03:48am

Technology

Texas city to offer Samsung large property tax breaks to build $17bn chip plant

Taylor is competing with Austin, Texas to land the plant which is expected to create about 1,800 new jobs

Updated 06 Sep, 2021 11:37am

Dawood seeks investment plans from mobile companies to address impediments

Advisor assures association members that current policies would continue and additional incentives would also be given if export targets are met

Updated 28 Aug, 2021 01:50pm

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Mar 22 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.84 ▲ 0.14 (20.00%)
Hinopak Motor / Mar 22 Hinopak Motors Limited(HINO)	219.45 ▲ 15.05 (7.36%)
Archroma Pak / Mar 22 Archroma Pakistan Limited(ARPL)	466.78 ▲ 30.78 (7.06%)
Data Textile / Mar 22 Data Textiles Limited(DATM)	3.66 ▲ 0.22 (6.40%)
D.S. Ind. Ltd. / Mar 22 D.S. Industries Limited(DSIL)	2.38 ▲ 0.12 (5.31%)
Tri-Star Power / Mar 22 Tri-Star Power Limited(TSPL)	13.15 ▲ 0.66 (5.28%)
Dewan Farooque Sp. / Mar 22 Dewan Farooque Spinning Mills Limited(DFSM)	3.05 ▲ 0.13 (4.45%)
Mehran Sugar / Mar 22 Mehran Sugar Mills Limited(MRNS)	35.95 ▲ 1.45 (4.20%)
Pace (Pak) Ltd. / Mar 22 Pace (Pakistan) Limited(PACE)	2.65 ▲ 0.09 (3.52%)
Jubile Life InsXD / Mar 22 Jubilee Life Insurance Company Limited(JLICL)	120 ▲ 4.00 (3.45%)

Stock	Price
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.90 ▼ -0.51 (-14.96%)
Kohinoor Power / Mar 22 Kohinoor Power Company Limited(KOHP)	3.62 ▼ -0.37 (-9.27%)
Quetta Textile / Mar 22 Quetta Textile Mills Limited(QUET)	15.75 ▼ -1.27 (-7.46%)
Premium Textile / Mar 22 Premium Textile Mills Limited(PRET)	420.10 ▼ -30.91 (-6.85%)
AL-Abbas Sugar / Mar 22 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▼ -20.89 (-5.30%)
Allied Bank / Mar 22 Allied Bank Limited(ABL)	61.03 ▼ -2.47 (-3.89%)
Artistic Denim / Mar 22 Artistic Denim Mills Limited(ADMM)	53.50 ▼ -1.66 (-3.01%)
Buxly Paints / Mar 22 Buxly Paints Limited(BUXL)	80 ▼ -2.00 (-2.44%)
Roshan Packages / Mar 22 Roshan Packages Limited(RPL)	11.21 ▼ -0.26 (-2.27%)
Bolan Casting / Mar 22 Bolan Castings Limited(BCL)	35 ▼ -0.77 (-2.15%)

Stock	Volume
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	6,046,419 ▲ 0.01
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.06
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.13
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▲ 0.03
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▲ 0.04
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	4,452,500 ▼ -0.01
TPL Properties / Mar 22 TPL Properties Limited(TPLP)	4,391,678 ▲ 0.08
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	4,311,148 ▲ 0.20
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	4,273,685 ▲ 0.05
Loads Limited / Mar 22 Loads Limited(LOADS)	4,188,000 ▼ -0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 21	285.40
USD PKR Interbank Buying / Mar 21	283.90
USD to Japanese Yen / Mar 21	132.38
USD to Swiss Franc / Mar 21	0.92
Pound Sterling to USD / Mar 21	1.22
Euro to USD / Mar 21	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
India Sensex / Mar 21	58074.68
Tokyo Nikkei / Mar 21	26945.67
Nasdaq / Mar 21	11860.11
Hang Seng / Mar 21	19258.76
FTSE 100 / Mar 21	7536.22
Dow Jones / Mar 21	32560.60
Germany DAX 30 / Mar 21	15195.34
France CAC40 / Mar 21	7112.91

Item	Value
Crude Oil USD/Barrel / Mar 21	69.33
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Gold Spot USD/Ounce / Mar 21	1943.10
Cotton US¢/pound / Mar 21	77.85

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