Foreign News
Samsung Predicts Smartphone Market Decline, Due to U.S. Tariff Policies

Samsung Electronics says in its forecast for the second half of 2025 that the smartphone market will decline year-on-year, given the macroeconomic uncertainty caused by the US tariff policies.
Samsung’s Corporate Mobile experience Vice President, Daniel Araujo was quoted as saying this in the organization’s 2025 First Quarter (Q1) Report, which was made available on Wednesday.
On its earnings call, Araujo said that there would be potential adjustments in its Q2 forecast due to global tariff policies.
According to him, the company’s Mobile eXperience (MX) business also expects a decrease in smartphone shipments, due to the fading effects of its new flagship model launches.
The vice president noted that the tablet market would also see slower growth, but premium demand was expected to remain robust.
The Samsung report announced that the company’s consolidated revenue for Q1 reached a record high of KRW 79.14 trillion (N89.20 trillion) for the first quarter ended March 31, 2025.
It reported an operating profit of KRW 6.7 trillion (N7.5 trn), despite challenges faced by its Device Solutions (DS) Division.
The DS division reported KRW 25.1 trillion (N28.2 trn) in consolidated revenue and KRW 1.1 trillion (N1.2 trn) in operating profit for the quarter.
“Revenue was driven by expanded server Dynamic Random Access Memory (DRAM ) sales and additional NAND (a type of flash memory) demand, although earnings were impacted by the erosion of average selling prices and decreased High Bandwidth Memory (HBM) sales,” the report said.
It noted that the company had increased its Research and Development expenditure by 16 per cent compared to the same period last year, amounting to KRW 9 trillion (N10.1 trn)
Despite growing macroeconomic uncertainties, Samsung expects its performance to improve in the second half of the year.
The report said the company’s semiconductor business was projected to continue growing, driven by increasing demand for AI servers and high-value-added products.
The Mobile Experience (MX) business also reported revenue growth, driven by strong sales of the Galaxy S25 series.
Samsung Display Corporation (SDC) reported KRW 5.9 trillion (N6.65 trn) in consolidated revenue and KRW 0.5 trillion (N563.9 bn) in operating profit for the quarter.
The Visual Display and Digital Appliances businesses reported KRW 14.5 trillion (N16.4 trn) in consolidated revenue and KRW 0.3 trillion (N338.4 bn) in operating profit.
The report said in Q2 of 2025, the MX Business would strengthen its foldable lineup by offering a differentiated AI user experience.
It added that the business would launch new ecosystem products with enhanced AI and health capabilities, and explore new product segments such as XR
Foreign News
Philippine President Calls for Resignation of All Cabinet Secretaries

Philippine President Ferdinand Marcos Jr. has asked all of his Cabinet secretaries to submit their resignations on Thursday in what he called a “bold reset” of his administration following last week’s mid-term elections.
The elections saw more opposition candidates win crucial Senate seats, signaling shifting political tides.
Marcos, the 67-year-old son of the late Philippine dictator overthrown in 1986, won the presidency in a landslide in 2022, a stunning political comeback marked by a call for national unity.
However, his vice-presidential running mate, Sara Duterte, also widely popular, later distanced herself from Marcos in a falling-out that had sparked intense political discord.
Marcos had since emerged as one of the region’s most vocal critics of China’s aggression in the disputed South China Sea, bolstered by support from the United States and other allies. Domestically, he continued to face significant challenges, including high inflation, unfulfilled promises to lower rice prices, and growing concerns over kidnappings and other crimes.
“This is not business as usual,” Marcos said in a government statement.
“The people have spoken and they expect results, not politics, not excuses. We hear them and we will act.” (AP/NAN)
Foreign News
Pakistan Blames India for School Bus Attack That Killed 5

Three children and two adults were killed in a blast on Wednesday that targeted a school bus in south-western Pakistan, with Islamabad blaming India for the attack.
Terrorists targeted the bus in the city of Khuzdar, in the restive province of Balochistan, as it took students to a military-run school, Balochistan Chief Minister Sarfraz Bugti said.
Preliminary findings suggested that it was not a suicide attack, he said at a press conference.
The dead included three young girls who were students of grades 6, 7 and 10. More than 40 students were wounded, many of them said to be suffering severe wounds.
Bugti said that his government had intelligence reports that Indian National Security Advisor Ajit Doval was planning something in Balochistan but did not expect him to target innocent children.
“After facing a humiliating defeat on the battlefield, India has resorted to despicable and cowardly acts,” the media wing of Pakistan’s military said in a statement.
“Planners, abettors and executors of this cowardly Indian sponsored attack will be hunted down and brought to justice and heinous face of India will be exposed in front of the entire world,” the statement added.
Prime Minister Shehbaz Sharif will make an emergency visit to the province where he would be briefed on the attack by terrorists, allegedly backed by India, said a statement issued by his office.
The Baloch Liberation Army (BLA), a rebel group fighting for the independence of the region from Pakistan, earlier claimed it targeted the bus, but said it was transporting the soldiers.
Islamabad claims that the BLA is backed by India.
Violence orchestrated by sub-nationalist rebels has surged in Balochistan, a region that borders both Afghanistan and Iran, and is a hub of Chinese investment and connectivity projects.
Earlier this month, India and Pakistan carried out tit-for-tat drone, missile and airstrikes targeting each other’s military installations and airbases.
The nuclear-armed rivals agreed to the ceasefire on May 10 but continue to accuse each other for terror incidents. (dpa/NAN)
Foreign News
Thousands Protest in Pakistan After Drone Strike Kills 4 Children

Thousands of people in north-west Pakistan on Tuesday blocked a highway by placing the coffins of four children who were killed by a suspected drone strike.
The protests in the Mir Ali area of North Waziristan region began earlier on Monday after a family home was hit, local resident Mohamed Jamal Dawar said.
It is not clear who was behind the incident.
Local activist Zahid Wazir said the drone was operated by the Pakistani military.
He said the home was likely mistaken as a hideout used by Islamist militants.
Pakistani intelligence officials said the explosives were fired by a quadcopter that was being operated by the Taliban militants to target a nearby military post, but that it missed the target.
An independent verification was not possible as the region is inaccessible to outsiders.
Activists of a local rights group, the Pashtun Tahafuz Movement, which is against the militarisation of the region by both the military and the Pakistani Taliban, vowed to continue the protest.
“We will continue to demand justice for our kids,” Wazir said.
The Pakistani military and Islamist militants have been fighting each other in the region for more than two decades.
More than 80,000 Pakistanis, an overwhelming majority of civilians, have lost their lives in years of violence. (dpa/NAN)