hatingfedizen

Samsung announced stellar results last night, noting a 19x quarterly increase in operating profit, allowing the firm to pass Nvidia as the most profitable in the world. Kim Yong-Kwan, president and head of corporate management, strategy, and operations for Samsung Electronics' Device Solutions (DS) division, said that the semiconductor unit's 2026 operating profit will exceed everything it has earned across roughly 40 years in the chip business.

Brokerage consensus puts Samsung's full-year 2026 operating profit near 300 trillion won ($196 billion), and its second-quarter figure at about 84.6 trillion won ($55.1 billion). Samsung easily beat the consensus with $58.5 billion when it posted preliminary results on July 7, overtaking Nvidia's most recent quarterly operating profit of $53.54 billion and becoming the most profitable technology company in the world for the period, on the back of AI-driven memory demand.

Samsung's DS division booked 53.7 trillion won ($35.1 billion) of the company's 57.2 trillion won in total operating profit during the first quarter of 2026, roughly 94% of the total, which is why the division's projection sits so close to Samsung's full-year consensus.

"This year's profit will exceed the cumulative profit generated over the past 40 years since we entered the semiconductor business," Kim Yong-Kwan told staff, scoping the claim to the chip business rather than the wider conglomerate.

Samsung entered the semi space by acquiring Korea Semiconductor in 1974 and shipped its first 64Kb DRAM in the mid-1980s. SamMobile estimates the division's cumulative operating profit from 1985 to 2025 at under 300 trillion won. Samsung's smartphone, display, and appliance businesses have earned far more than that over the same period, so the record applies to memory and logic chips, not to Samsung overall.

Contract prices for DRAM and NAND have risen steeply through 2026 as AI server demand outran supply, pushing memory makers toward 40% to 50% operating margins on NAND in the first half of the year. Prices for 12 GB LPDDR5X modules have reached about $145, and Samsung is negotiating further commodity DRAM increases for the third quarter. The DS division's earnings move with those contract prices, and Samsung has told customers to expect tight supply through at least 2027.

Source: https://www.reddit.com/r/Aliexpress/comments/1ugpyoe/i_dug_around_a_bit_and_found_exactly_who_is/

I dug around a bit and found exactly who is responsible for the new EU 3/5 Euros customs fees, here is who they are and how to hit back at them.

I dug around a bit in the public paper trail to find out exactly bought and paid for this law to screw over everyday consumers. The answer boils down to greedy monopolies with political connections being afraid of real competition because efficiency and a superior business model are apparently "unfair"

The corpos behind the mask.

The main driving force that pressured the European Commission to kill the de minimis threshold and forced you to pay 3 euros for a 2 euro pack of double adhesive stickers is a massive monopolistic corporate lobby group in Brussels called EuroCommerce.

They ran an aggressive, well funded lobbying campaign called the #Compliance4All. They did this because they were absolutely terrified of people buying affordable directly from global sellers instead of paying their bloated monopoly markups.

When you look at who actually sits on the governing body for this lobby, you find Europe's biggest retail and grocery monopolies pulling the strings. According to their official website, this nasty group is packed with corporate lobbyists, including:

They successfully convinced the EU to pass this law to bully us back into their stores and buy their heavily marked up crap. This is classic protectionist crony capitalism.

How We can legally fight back:

Don't let them force you back into their overpriced supermarkets and clothing stores. And share this with your friends. Use filters in the AliExpress app to buy products that are being shipped from Europe, and the Choice Category stacking mechanism thus skipping or reducing the fees.

Get together with some friends and buy stuff you like together preferably via the Choice option, making sure it is in the same category, then have one of you purchase it and distribute it to the others. You can even use cheap courier services that might cost less than the per item handling fee if you live far apart.

since: Boycott the likes of Schwartz and Zara and buy from local stores. Buy from local stores. Going to small so called "Mom-and-pop" stores for necessities keeps the money in your local community and puts it in your neighbors pockets, not those of some greedy corporation that does everything it can to skip taxes and stifle real competition.

Demand that these monopolies be hit with extra taxes, since many of them like Schwarz already have bad reputations for unfair competition and many national level politicians in the EU want to hit THEM with extra taxes you can support whoever wants to put such a law in place. Sunlight is the best disinfectant, so make sure you spread this message far and wide!

Related: EU ministers agree customs fee to crack down on parcels from Chinese companies such as Shein and Temu

From Wikipedia:

The Hannibal Directive is the name of a controversial procedure used by the Israel Defense Forces (IDF) to prevent the capture of Israeli soldiers by enemy forces. Author Eyal Weizman has described a 2014 Israeli policy stating that "the kidnapping must be stopped by all means, even at the price of striking and harming our own forces." It was introduced in 1986, after a number of abductions of IDF soldiers in Lebanon and subsequent controversial prisoner exchanges.

Source: https://www.reddit.com/r/suppressed_news/comments/1uh9aex/footage_of_israeli_forces_confirming_the_hannibal/

cross-posted from: https://fedinsfw.app/c/anarchism/p/603680/eu-chat-control-is-back-and-this-time-it-might-actually-pass-the-cybersec-guru

On 18 June 2026, militants attacked the Diori Hamani International Airport in Niamey, Niger, killing 13 people and injuring 4 others; 22 attackers were also killed.

According to Radio France Internationale, Jama'at Nusrat al-Islam wal-Muslimin (JNIM), in a brief statement published through its usual propaganda channel, Az-Zallaqa, claimed to have carried out “a suicide attack on Diori Hamani International Airport and the nearby military base.”

The Minister of Defence accused, without providing evidence, its former colonial power, France, of being behind the attack.