Rising Chip Prices Boosts Samsung’s Quarterly Profit in 3 years

Samsung Electronics estimated that its earnings for the third quarter of 2021 have reached their highest in three years, with the boost largely coming from high semiconductor prices due to a global shortage. The world’s biggest maker of memory chips …

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Italian Supercar Maker Lamborghini’s Profits Soar Fueled by Chinese Markets

Italian car maker Lamborghini has its most profitable year on record in 2020, driven by increased demand in Chinese markets. Sales numbers came in slightly under last years performance, but the increased sale of customized super cars pushed profits to …

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Nintendo Profits Jump 200 Percent

Kyoto-based Nintendo announced on Thursday morning that operating profit for the first half of this fiscal year, which ended in September, soared 209 percent to $2.8 billion compared to the same period in the year 2019. The company pointed out that sales climbed 73 percent to $7.4 billion.

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