Tag Archives: Cushion

Samsung Says Solid Chip Sales Helped Cushion Blow From Falling Smartphone, TV Figures

Samsung Says Solid Chip Sales Helped Cushion Blow From Falling Smartphone, TV Figures

Samsung Electronics said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs. The global leader in semiconductors is benefiting from higher demand for chips from laptop makers …

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Solid Chip Sales Unlikely to Cushion Samsung’s Virus-Hit Q1 Profit

Solid Chip Sales Unlikely to Cushion Samsung

The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics’ memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened consumer electronics sales. The South Korean tech giant is the world’s largest memory …

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Coronavirus (COVID-19) Crisis Centre, RBI Try To Cushion An Economy In Slump Even Before COVID-19

Government, RBI Try To Cushion An Economy In Slump Even Before COVID-19

The RBI has stopped the clock on loan repayments amid an unprecedented three-week lockdown The government and the Reserve Bank of India are trying to cushion an economy that was slowing even before the coronavirus outbreak. Here’s a guide to the measures announced so far: For Banks: CHEAPER CASH: A …

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US Federal Reserve Slashes Rates, Global Central Banks Coordinate To Cushion Coronavirus Blow

US Federal Reserve Slashes Rates, Global Central Banks Coordinate To Cushion Coronavirus Blow

The coordinated global actions were reminiscent of the sweeping steps taken just over a decade ago WASHINGTON: The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the coronavirus pandemic, with the Fed slashing interest rates to near zero, pledging …

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