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Samsung confirms softer Q4, with revenues seen at KRW 60-62 trillion

2021-01-08 09:09:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said it expects revenues for the fourth quarter to reach KRW 60-62 trillion, better than the KRW 59.88 trillion reported the year...

Tags: samsung revenues confirms trillion

Facebook reports jump in messaging, softer ad revenues in countries hit by Covid-19

2020-03-25 08:45:00| Telecompaper Headlines

(Telecompaper) Facebook said it's seen an increase in usage of its services during the coronavirus crisis, especially in hard-hit countries such as Italy. However, the increase is mainly in messaging, a service it does not monetise, while ad revenues on the social network have softened due to the slowdown in economic activity.

Tags: jump reports hit countries