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Samsung forecasts fourth-quarter decrease in profits because of weak demand and increasing rivalry

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Samsung Electronics on Thursday said it expects a decrease in profit in the three months that will end on Dec. 31 because of frail memory chip interest and extreme rivalry in the cell phone and purchaser gadgets.

The world’s top cell phone producer reported a 59% year-on-year bounce in working benefit to 12.35 trillion Korean won (about $10.89 billion) for the July-September quarter, which was in accordance with before direction. Samsung said it was halfway because of a lift sought after for cell phones and buyer gadgets — offer of cell phones, including new lead models like the Galaxy Note20, saw a close to half hop in deals.

Samsung shares fell 2.2% Thursday, following the general decrease in the South Korean market where the Kospi list was down 1.72%, likely because of a sharp auction on Wall Street daily prior.

“Looking ahead, Samsung Electronics expects profit to decline in the fourth quarter amid weakening memory chip demand from server customers and intensifying competition in mobile phones and consumer electronics,” the company said in a statement.

Low costs for memory chips utilized by workers in server farms are probably going to burden the fundamental benefit making semiconductor business over the most recent three months of 2020. Interest for chips utilized in cell phones, PCs and illustrations preparing units, utilized for gaming consoles and PCs, is anticipated to rise, Samsung said.

The versatile business will conceivably observe cell phone deals decrease, as indicated by the South Korean tech monster.

Examiners state that is likely because of expanded rivalry as the new Apple iPhone 12 and iPhone 12 Pro are set to remove some piece of the pie from the South Korean cell phone creator in the final quarter. In any case, Samsung’s showcases unit, which considers Apple a client, is set to see a critical ascent in versatile board deals from the second from last quarter because of new cell phone dispatches, as per the South Korean tech goliath.

Sanjeev Rana, a senior investigator at financier firm CLSA, said he stayed bullish about Samsung’s exhibition in 2021.

“Samsung remains a ‘Buy’ (rating) for the simple reason that next year we expect profit growth of 30%. This will be on the back of 43% recovery in semiconductor profit,” Rana told CNBC’s “Squawk Box Asia” on Thursday after the earnings announcement.

He said that a progressing decrease in normal selling costs for memory chips will reach as far down as possible in the initial three months of 2021 and costs will ascend in resulting quarters. Samsung’s cell phone business is likewise expected to do well in view of an expansion in online deals, which includes lower advertising cost for the organization, Rana said.

“Next year, we think will be good for the Samsung foldable phones too,” he added.

For one year from now, Samsung anticipated a recuperation in general worldwide interest yet said vulnerabilities will stay over the Covid pandemic.

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Investigation of Travok Company in relation to the latest conditions for obtaining residence in Turkey by purchasing a property

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To do this, you must first travel to Turkey and visit the various properties to choose the property you want. After purchasing the property and transferring the document in your name, you can request an appointment from the Turkish Immigration Office to obtain a residence permit and apply to this office at the specified time with the necessary documents and receive your one-year residence permit. The documentation and process for doing this will be explained below.

There is no legal limit on the minimum capital to buy a property in Turkey. But you should know how much capital you need to buy a property in Turkey.

The price of a house in Turkey depends on various factors such as the selected city and neighborhood, whether or not the property is located in large and well-equipped towers and projects, the age of the building, the facilities of the property, and so on. But usually the price of a property in Turkey starts from at least 3 thousand lira per meter and you have to consider at least 250 thousand lira and above to buy a normal and small house (50 meters) in Turkey.

Are there any restrictions on choosing a city to buy a property in Turkey?

No. You can choose the property of your choice in any city of Turkey according to your taste. If you like modern, big and crowded cities, buying a property in cities like Istanbul, Ankara and Izmir is right for you, and if you love nature and green space and also want to buy a cheap house in Turkey, cities like Antalya, Analia And we offer you Marmaris.

About Travok Company

Travok company has been established by MEHRDAD ETESSAM, the only official Persian translator, who officially approved by the documentation Bureau (Tapu), and has officially begun providing services to Iranian and Persian speakers.

Services such as the provision of residential services from beginning to end and get a residence card, estate affairs, consulting and investment, and the lunch of new businesses in the city of Alanya, Turkey.

Travok company started its activity in a magnificent event in Alanya city in March 2018 and among a friendly and intimate group of Iranians, some Alanya city officials and people introduced their valuable services. We are proud to announce from that date until now, about 2000 people of beloved Persian speakers, such as Iranian and other Persian speakers of other countries have taken residence, purchase, and rent of housing and other accommodation services in our collection. Today we share this success with you and appreciate your trust.

The opening ceremony of Travok company was very welcomed by the public and announced their lunch in city media and published in newspapers and magazines, which their most notably were ALANYA NEWS, ALANYA NEWS NEWSPAPER, ALANYA ALBUM MAGAZINE.

We received this warm welcome and feedback as a great happening and we are moving towards the globalization of Travok and we are honored to bring you along this path.

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Dr. Nitin J. Engineer Shares Ways to Master the Art of Fully Living

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What do you consider the ultimate return on investment? It differs from person to person, and as Instagram star Dr. Nitin J. Engineer tells us, the ultimate return on investment is happiness. Now, Dr. Nitin is not discounting all other returns; he is expressing his views on it.

As one of the most-followed Instagram sensations, Dr. Nitin has pursued his passion over the years, and he has realized that it’s not just about building wealth and growing your personal brand. He says that if you’re wealthy and miserable, your investments haven’t truly paid off.

Dr. Nitin J. Engineer also mentions that wealth is not a measure of happiness. It doesn’t automatically mean you’re happy because you’re wealthy. Therefore, what’s Dr. Nitin’s argument on happiness as the ultimate return on investment?

Let’s paint a picture here: You keep buying things that you don’t care for just to show off to your friends or strangers online. According to Dr. Nitin, this speaks to a lack of happiness and fulfilment in what you’ve achieved. It is not wrong if you want to have the best of everything globally, but does it make you happy?

The ultimate measure of success is fulfillment and not money. You should love what you do enough that even if it doesn’t bring wealth, you are blissfully content to be doing it. Dr. Nitin stresses the importance of a happy life over a wealthy life.

Not to say that wealth isn’t good to have, but don’t peg your life on materialism. Dr. Nitin has also cited people who are stuck in jobs they can’t stand because of the money. Most people underuse their potential and drive their investments in triviality.

To further explain this, Dr. Nitin mentions the common assumption that pleasure is happiness. Most people are lost in momentary pleasure and mistake that for happiness. Dr. Nitin clarifies that pleasure is short-lived; you will feel relieved or even excited for a short while, and then it’ll go away, leaving a void that you’ll try to fill with more material items.

To add to this, Dr. Nitin J. Engineer says that happiness grants you the freedom to decide what you want to achieve each day. Small everyday things can bring you the contentment you dream of, and instead of dreaming, you should take advantage of it.

The ultimate payoff that all your efforts in life can grant you is true happiness in what you’ve built, who you’ve become and where you’re going.

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Chloe Khan From X Factor Is Now Becoming a Real Estate Investor

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Chloe Khan

Television Personality Chloe Khan Is Now Trying Her Hands in Real Estate Business
The television industry has changed the lives of many people around the world. It has brought fame, money, and respect to the heels of individuals who were struggling to get through the day. While some were unable to handle all the sudden changes in their lives, many were successful in making the most of their second chance at living their lives. One such personality who has gained massive followership over the years ever since she first appeared on reality TV is Chloe Khan.
Chloe Khan is a name that most people must be familiar with. Known for spending thousands of pounds to get her physical appearance altered, Today, she is a real social media personality and is often hailed as the ‘Queen of Social Media.’ Her journey in the television industry was one to remember. From being a contestant in Celebrity Big Brother in 2016 to becoming the face of Spearmint Rhino and a Playboy cover girl, she has seen it all. All the experience has helped her to gain a lot of wealth over the last decade.

Chloe Khan


In her personal life, Chloe is a wise investor of sorts and is always having an eagle eye for opportunities where she could benefit. For the past 3.5 years, she is one of the highest earning onlyfans accounts in the world . She has many sources for earning money, all thanks to her unique physique. Recently, she has shown interest in the world of real estate and was eager to try her hands in it. While we are aware that real estate can turn rags to riches, one bad decision may result otherwise as well. So, she has counseled with experts and is now determined to take a jab at real estate.
Chloe is now well-aware of all the pros and cons related to real estate and is confident she can make the most out of it as well. She has already started investing money into properties and has bought a huge mansion-like house that is being renovated as of now. Her goal behind investing money in real estate is to enable people to try short-stay luxury accommodation. While it may seem like a good investment choice, only time can tell the real truth.
Besides being a social media personality and new real estate investor, Chloe is also fond of traveling around the world. She loves trying out the new lifestyles and cultures the world has to offer her. While doing so, she makes sure her 2 million followers on Instagram also get a peek at her life and adventures through her timely posts. She is often seen making changes to how she looks but the one thing that she never really changed was her bouncy hair. However, it seems now the tides have changed and she has revealed a new hair-do by opting for lengthy hair extensions. She is truly a phenomenal personality who has managed to keep success and life well balanced. Check her out and her lifestyle at https://instagram.com/chloe.khan?igshid=1pasdchjrvuuw.

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