The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

SKorea-economy-telecommunications-Samsung-earnings WRAP-update

Contributed by NAMPA / AFP.

Samsung Electronics CEO resigns, even as record profits expected
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ATTENTION - UPDATES with Q3 earnings announcement date, ADDS analysis ///
Seoul, Oct 13, 2017 (AFP) - The chief executive of Samsung Electronics resigned Friday, saying the South Korean tech giant was facing an "unprecedented crisis", even as it flagged record third-quarter profits.
Kwon Oh-Hyun's resignation comes as the company struggles to overcome a bribery scandal that sent Lee Jae-Yong, its ...