South Korean firm Samsung is to buy a three per cent stake in its Japanese rival Sharp for 10.4bn yen (£73m). Sharp has been struggling to restructure its operations as it continues to make losses;...
The firm has been struggling since buying HPE's software business in 2017
But iPhone sales dipped nearly 7 per cent from a year ago
Q3 2020 profit of $10.75 billion is up 22 per cent from the same period last year
Additional $250 million sees the Silicon Valley start-up's value rise to $4.5 billion
Cuts due to a lack of new projects and investors being more cautious