Tag Archives: losses

CES 2015 Show Hints at Samsung Clinching on to more TVs This Year

Despite reaching the No.2 position in global smartphones segment, South Korea’s Samsung Electronics Co Ltd is not relenting from its erstwhile field of providing home theatres and modern TVs, more so because the tech giant is facing profit erosion for the second consecutive year. The smartphone market proved too competitive that Chinese maker Xiaomi, with its 1.8% margin is giving a nightmare ...

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Football: Kolkata’s Mohammedan Sporting Shuts Shop Over Losses

Kolkata, Oct 20 (IANS) Mohammedan Sporting — one of the country’s oldest soccer clubs — has decided to temporarily close down its football wing following financial difficulties. The 123-year-old club has been unable to pay salaries to its players, support staff and other employees for the past three months. The club working committee decided not to take part in major ...

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