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Samsung Production Backlogged In Vietnam Due To Coronavirus

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Vietnam’s supply chain is suffering from the impact of the coronavirus epidemic, which could stall production of the latest Samsung smartphones, the Ministry of Industry and Trade told Reuters on Friday (Feb. Samsung said it was “making our best effort to minimize impact on our operations.”. months, we will run out of inventory.

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Samsung Q3 Mobile Sales Decline 12 Percent

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Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. AI-based automation will enable Samsung to introduce new services in the 5G era, such as industrial Internet of Things (IoT) and connected cars.

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South Korea's Digital Kakao Bank Prepares For IPO

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Kakao Bank is one of only two digital banks in the country and became profitable in 2019, according to Reuters, after less than two years of operation. The timing of the IPO hasn't been decided, although Reuters reported that analysts predict it will happen in the second half of 2021. billion).

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Sizzle Or Fizzle: Walmart Pays Pays Off, Marketplace Lending Falls Off

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Amex threw its hat into the online lending ring earlier this week when it announced that it will launch a program later this year that will extend lines of credit from as little as $1K to as much as $750K for qualified SMB borrowers. The Samsung Galaxy S7, which put the mobile division at the top of the heap for Samsung – again.

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Hive Project Taps Into Cryptocurrency For Invoice Finance

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Our platform will dramatically streamline invoice issuance and settlement processes, optimizing small and medium enterprises’ ability to access liquidity for day-to-day operations and to finance expansion.”. On its platform, the Hive Project issues tokens, which can be granted for the right to purchase an invoice on its platform.

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Bank Of America’s Corporate Banking Lead To Depart

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The departure will conclude nearly seven years in the position for Meissner, who spearheaded a “reshaping” of corporate and investment banking operations following its merger with Merrill Lynch post-financial crisis. The unit handles the bank’s corporate lending, M&A advisory services and capital raising operations.

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SoftBank, Paytm To Launch Digital Payment Service In Japan

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It also has to contend with competition from PayPal, Ant Financial and Tencent, as well as Apple and Samsung Electronics. The idea is to expand into financial services, including lending and insurance, within the payment platform.

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