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The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Samsung said Thursday net profit plunged almost 20 percent in the second quarter as competition from cheap Chinese phones and the strong won saw sales slump in its key mobile business.
The South Korean electronics giant said net profit came in at 6.25 trillion won ($6.1 billion), down 19.6 percent in the first on-year decline for nearly three years.
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