Technology Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels. 30 Apr 2019 07:55AM Bookmark SEOUL: Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels.Operating profit was 6.2 trillion won (US$5.4 billion) in the January-March quarter, in line with the 6.2 trillion won the company had estimated earlier this month.Revenue fell 13.5 percent to 52.4 trillion won, also in line with its earlier estimate.(Reporting by Ju-min Park; Editing by Stephen Coates) … [Read more...] about Samsung Electronics first-quarter profit falls 60 percent on-year as weak chip prices bite
Prices
20 of the most popular European beach resorts, ranked by price
caption Perhaps Corfu in Greece should be your next holiday destination. source Shutterstock/Todoran Andrei The UK Post Office has ranked 20 of the most popular European coastal resorts by price. It measured the costs of all the tourist essentials, including suncream, a glass of wine, and dinner out for two. In 14 out of the 20 locations, prices are cheaper than last year. Visit INSIDER’s homepage for more. If you fancy a European seaside break this further but don’t have endless cash to splash, look no further. The cheapest beach resorts in Europe for 2019 have been revealed in Britain’s Post Office Travel Money Holiday Costs Barometer. The Post Office surveyed 20 of the most popular European coastal locations, which were then ranked in order of affordability. The prices of nine tourist essentials were taken into consideration: a cup of coffee, a bottle of beer or lager, a bottle or can of Coca-Cola, a glass of wine, a 1.5 liter … [Read more...] about 20 of the most popular European beach resorts, ranked by price
News Huawei P30 review: P series DNA at an attractive price
MANILA -- It's the Huawei P30 -- no Pro, no X, no Max -- and it's fine. In fact, it's really good if you're looking for a photgraphy-centered smartphone that can last for an entire day of snapping and sharing. The 50 times zoom on the P30 Pro is absent on the P30. It also has 3 lenses instead of 4, missing the time of flight or depth sensor. The screen is also smaller at 6.1 inches versus 6.47 inches. But the omissions don't take away from the experience of a Leica-powered P Series phone. Colors are rich, images are sharp and a wide angle view captures as much of the scene as possible. It also helps that the P30 sells for P36,990, P14,000 less than the P30 Pro, P13,000 less than the Galaxy S10 with a similar sized screen and nearly half the price of the iPhone XS. Premium underdog: Hands on with the Huawei P30 Huawei raises stakes in camera wars with P30 Pro: review MINI MONSTER The P30 has Leica-engineered triple shooters: a 40MP wide angle lens with f/1.8 aperture, a 16MP ultra … [Read more...] about News Huawei P30 review: P series DNA at an attractive price
Private hospitals seek court halt on price controls
THE COMMERCE Ministry is heading to the Central Administrative Court to defend government controls on the prices of medical services and drugs, after the Private Hospital Association sought a court injunction against enforcing the controls. Bunyarit Kalayanamit, Commerce permanent secretary, said private hospitals are opposed to the price control measure as it would negatively affect the private sector. The Commerce Ministry’s committee on prices of necessity goods and services had earlier resolved to put medical services and medicines on the list of items covered by government price control measures following a large number of complaints about their high prices. Bunyarit said the measure is aimed at protecting the rights and interests of patients and consumers after complaints that private hospitals were over-charging. However, to date no price-control measures had been put into effect, he added, as the government must also ensure that private hospitals … [Read more...] about Private hospitals seek court halt on price controls
The obscure advisory committees at the heart of the US drug pricing debate
CHICAGO: Expectations were high last year for three new migraine drugs hitting the market from Amgen Inc, Eli Lilly and Co and Teva Pharmaceutical Industries.Priced around US$7,000 each, the drugmakers called them "breakthrough" treatments designed to prevent migraines when taken year-round, and estimated that millions of patients could benefit. The U.S. Food & Drug Administration said Amgen's Aimovig – the first of the three drugs approved – was an "important addition" to available treatments.But a small group of medical experts who quietly advise U.S. health insurers on new drugs was not impressed, according to a private meeting held at UnitedHealth Group's OptumRx offices in Chicago that was attended by Reuters.They concluded that all three medicines offered no clear benefit over drugs already on the market and that insurers could consider them optional when it came to health coverage. They advised putting limits into place on their use.While these experts do not … [Read more...] about The obscure advisory committees at the heart of the US drug pricing debate