The family of the late former president Lee Kun-hee should pay more than 12 trillion won (69.9 billion yuan) in inheritance tax, South Korea's Samsung Electronics Company (Samsung Electronics) said on April 28. The tax hit an all-time high.Combined with the tax rate, most of Lee Kun-hee's estate will be inherited by the surviving families such as Vice President Lee Jae-yong. As it is difficult to raise a huge tax of more than 12 trillion won at one time, the estate tax is planned to be paid in installments over five years. When filing tax returns on April 30, the estate tax of 1/6 will be about 2 trillion won, and the remaining 10 trillion won will be paid at an annual interest rate of 1.2% by 2026. The Lee family may raise estate tax through stock dividends and loans.

According to advertising executives, under the new privacy restrictions of Apple Inc (Apple), advertisers targeting iPhone users will get more advertising effect data if they buy Apple Inc's advertising space than through a third party.. Advertising executives and app developers say the difference could eventually give Apple Inc's advertising business an advantage over competitors. Apple Inc's latest iPhone operating system has caused a storm inside and outside the advertising industry by letting users decide whether to allow apps to track them for advertising purposes. Applications on Apple Inc's iOS platform must obtain the consent of users before they can track them for advertising purposes.

Byte beat (Bytedance) has been attracting people's attention with its hot applications. Now, the company is aiming for a bigger goal: to succeed in games.. The Chinese company's latest mobile game, Voyage King Hot Blood Route (One Piece: The Voyage), has ranked first in free games since it launched in Apple Inc's China app store last week. "Voyage King Hot Blood Route" is a game based on a Japanese popular animation. More mobile games are in the pipeline, including "King of Boxing: all-Star" (The King of Fighters: All Stars).

News Corp has abandoned plans to launch a traditional television news channel in the UK because it is not commercially viable.For the past 18 months, the company has been exploring opportunities in the television market to get content from News UK, its UK newspaper publisher. But the company decided at the beginning of the evaluation that it was not commercially feasible to launch traditional news channels on Linear TV. While consumers have demand for other news content, the cost of running a rolling news channel is high and shareholders are not expected to get enough returns. News Corp. says it needs to launch products that fit the digital age.

Ford Motor Company (Ford Motor) plans to develop lithium-ion batteries for electric vehicles and enter the battery production market.As the industry steps up sales of more plug-in cars, Ford becomes the latest carmaker to decide to develop this key technology on its own. Ford said on Tuesday that it plans to open a $185 million battery development center in southeastern Michigan next year and eventually plans to produce its own battery units.

Tesla, Inc. 's income in China reached $3.043 billion in the first quarter of this year, up 238.1% from $900 million in the same period last year, according to filings filed with the Securities and Exchange Commission by Tesla, Inc..Accounting for 29.29% of Tesla, Inc. 's revenue in the first quarter. The Chinese market continues to be Tesla, Inc. 's second largest market in the world, but the size of the US market has further shrunk. Tesla, Inc. 's sales revenue in the United States in the first quarter reached 4.424 billion US dollars, an increase of 59.82% over the same period last year, accounting for 42.58% of Tesla, Inc. 's Q1 revenue.

Global sales rose 44% in March from a year earlier to 982912 vehicles, a record for a single month, Toyota Motor Corp (Toyota Motor) said on Wednesday.It shows that in the face of a global chip shortage, the company still has the ability to continue to produce cars, putting it in a good position to take advantage of the recovery in car demand. Toyota's sales in China and North America are particularly strong. Toyota produced 843393 vehicles worldwide in march, up 32 per cent from a year earlier, when the epidemic forced global carmakers to suspend factory production.

JPMorgan Chase & Co (J.P.Morgan Chase) will work with Singapore's Temasek Holdings and DBS Group to create a blockchain-based payment, trade and foreign exchange settlement platform called Partior. The Partior platform will use blockchain technology to digitize the currencies of M1 commercial banks to reduce friction and delays in current cross-border payments, trade and currency settlement, the three companies said in a statement. The platform will initially focus on US dollar and Singapore dollar flows between Singapore banks and then expand to other markets and currencies.

Standard Chartered (Standard Chartered) is considering the option of reducing office space in Singapore, a move that could be the largest reduction in banking office space in Singapore in recent years.. StanChart is weighing options and may give up some of the 21-story leased building in Marina Bay financial centre in Singapore's business district. One of the bank's options is to give up the lease on at least four floors, equivalent to about 80000 square feet. Standard Chartered may be even more aggressive in reducing its office space because it only needs to rent four floors to keep its logo on the exterior walls of the building.

Saudi Arabia is negotiating to sell a 1 per cent stake in state oil giant Aramco to a leading international energy company. Depending on the company's market capitalization, the potential deal could be worth about $19 billion, hoping to lock in demand for the country's crude oil. The equity sale, which is likely to take place over the next two years, is crucial to boost Saudi Aramco's sales performance in the country where the equity buyers are located.

Japan's Mitsui Real Estate Co., Ltd. (Mitsui Fudosan) opened a large-scale commercial facility "LaLaport" overseas No.1 store in Shanghai, China on the 28th.The No. 1 store is located far from the city center and promotes commercial facilities and residential development. The sales area is about 55000 square meters, with shops on the 1st to 6th floor and cinemas on the 7th floor. The outdoor setting is about 18 meters high for "freedom up to". This is the first overseas debut of Dagoda. Mitsui Real Estate plans to open Lara Baodu in Kuala Lumpur, Malaysia this year, and plans to open in two places in Taiwan next year.

McDonald's Corp China has reached cooperation with nearly 70 vocational colleges to help young people improve their employability through the "modern apprenticeship system" implemented by the Ministry of Education.To support them to successfully embark on their respective career development paths after graduation. McDonald's Corp launched the "unlimited youth" talent training program in 2020, and plans to invest more than 100 million yuan from 2020 to 2022 to join hands with more than 100 vocational colleges across the country to help more than 10, 000 young people improve their employability.

Financial report information

Huawei released its operating results for the first quarter of 2021, and the overall operating results were in line with expectations. In the first quarter, the company achieved sales revenue of 152.2 billion yuan, down 16.5% from the same period last year. The company's network business continued to grow steadily, and consumer business income declined due to factors such as the sale of smart terminal brand glory in November 2020. The net profit margin was 11.1%, up 3.8% from a year earlier, mainly due to the company's improved business quality, continued improvement in management efficiency, and the receipt of a $600 million patent license fee.

ZTE Corporation released a report for the first quarter of 2021, with operating income of 26.24 billion yuan, an increase of 22.1% over the same period last year. Net profit belonging to common shareholders of listed companies was 2.18 billion yuan, up 179.7% over the same period last year. Net profit belonging to common shareholders of listed companies after deducting non-recurring gains and losses was 790 million yuan, up 392.1% from the same period last year. The investment in R & D is 4.19 billion yuan, accounting for 16% of the operating income.

China Telecom Corporation announced that the company's net profit in the first quarter of 2021 was 6.44 billion yuan, up 10.6% from the same period last year; profit before interest, tax, depreciation and amortization was 31.05 billion yuan, up 3% from the same period last year; and operating income was 106.87 billion yuan, up 12.7% from the same period last year.

Gree Electric Appliances released the 2020 report, with both revenue and net profit falling. Of this total, revenue was 168.199 billion yuan, down 15.12% from the same period last year, and the net profit of returning home was 22.175 billion yuan, down 10.21% from the same period last year. In the first quarter of 2021, Gree Electric Appliance had revenue of 33.189 billion yuan, an increase of 62.73% over the same period last year. The net profit belonging to shareholders of listed companies was 3.443 billion yuan, an increase of 120.98% over the same period last year.

According to the annual report released by Oufeiguang, the company's operating income reached 48.35 billion yuan in 2020, down 6.97% from the same period last year. The net loss attributed to shareholders of listed companies was 1.945 billion yuan, compared with a profit of 510 million yuan in the same period last year. The company's operating income in the first quarter of 2021 was 7.366 billion yuan, down 24.57% from the same period last year. The net profit was 77.2 million yuan, down 45.18% from the same period last year.

According to Wuliangye's annual report, the company's operating income in 2020 was 57.321 billion yuan, an increase of 14.37 percent over the same period last year, and its net profit was 19.955 billion yuan, an increase of 14.67 percent over the same period last year. In the first quarter, the company achieved an operating income of 24.325 billion yuan, an increase of 20.19% over the same period last year, and a net profit of 9.324 billion yuan, an increase of 21.02% over the same period last year.

Mindray Medical released its annual report of 21.026 billion yuan in revenue, an increase of 27 percent over the same period last year, and a net profit of 6.658 billion yuan, an increase of 42.24 percent over the same period last year. In the first quarterly report of 2021, the company achieved revenue of 5.781 billion yuan, an increase of 21.93% over the same period last year, and a net profit of 1.715 billion yuan, an increase of 30.59% over the same period last year.

MediaTek reported revenue of NT $108.033 billion for the first quarter of 2021, an increase of 12.1 per cent month-on-month and 77.5 per cent year-on-year. Operating profit was NT $20.198 billion, up 31.4% from the previous month and 248.1% over the same period last year. Net profit was NT $25.777 billion, an increase of 72.3% month-on-month and 344.1% over the same period last year.

Taiwan's wafer foundry United Microelectronics Corp (UMC) reports results for the first quarter of 2021. Revenue was NT $47.097 billion, an increase of 11.4% over the same period last year, and net profit was NT $10.428 billion, an increase of 372.5% over the same period last year.

Memory chip maker SK Hynix (SK hynix) reported a 66% increase in operating profit in the first quarter of 2021, to 1.32 trillion won from 800 billion won a year earlier. Revenue rose 18% to 8.49 trillion won.

Sony Group Corp Group (Sony) reported that in fiscal year 2020 (from April 1, 2020 to March 31, 2021), the group achieved sales revenue of 8.9994 trillion yen, up 9% from the same period last year; operating profit of 971.9 billion yen, up 15% from the same period last year; and net profit of 1.1718 trillion yen, up 101% from the same period last year. Among them, the game and network services business achieved sales revenue of 2.6563 trillion yen, music business sales income of 939.9 billion yen, film and television business sales income of 758.8 billion yen, electronic products and solutions business sales income of 1.9207 trillion yen, video and sensing solutions business sales income of 1.0125 trillion yen, financial services business sales income of 1668.9 billion yen.

Spotify, a Swedish music streaming service, reported total revenue of 2.147 billion euros ($2.591 billion) in the first quarter of 2021, up 16% from a year earlier. The net profit attributable to the company's shareholders was 23 million euros, compared with a net loss of 125 million euros in the same period last year. The number of paying users reached 158 million, an increase of 21% over the same period last year. In the first quarter, Spotify added nearly 4 million subscribers.

Deutsche Bank (Deutsche Bank) posted its strongest quarterly performance in seven years. Germany's largest bank made a net profit of 908 million euros in the first quarter of 2021, the highest level since early 2014 and better than analysts had expected. It has also benefited from a decline in the provision for credit losses as the economic outlook improves. First-quarter revenue was 7.233 billion euros, up 14% from the same period last year; first-quarter profit before tax was 1.59 billion euros.

Yum Catering (Yum Brands) reports first-quarter 2021 results. Revenue was $1.486 billion, compared with $1.263 billion in the same period last year. Global same-store sales increased by 9% year-on-year.

Boeing Co (Boeing) reports results for the first quarter of 2021. Quarterly revenue was $15.217 billion, down 10 per cent from a year earlier. By business, revenue from the commercial aircraft division in the first quarter was $4.269 billion, down 31 per cent from the same period last year; revenue from the defense, space and security sectors was $7.185 billion, up 19 per cent from the same period last year; and revenue from the global services division was $3.749 billion, down 19 per cent from the same period last year. The operating loss was $83 million in the first quarter, compared with a loss of $1.353 billion in the same period last year. The net loss was $561 million, compared with a loss of $641 million in the same period last year. Boeing Co delivered 77 commercial aircraft in the first quarter, compared with 50 in the same period last year, up 54 per cent from a year earlier.

EBay releases results for the first quarter of fiscal year 2021. Quarterly net revenue was $3.023 billion, up 42 per cent from $2.129 billion in the same period last year, while net profit from continuing operations was $569 million, up 32 per cent from $431 million in the same period last year.

Facebook Inc released unaudited financial results for the first quarter of fiscal year 2021. Quarterly revenue was $26.171 billion, up 48 per cent from $17.737 billion in the same period last year, while net profit was $9.497 billion, up 94 per cent from $4.902 billion in the same period last year.

Qualcomm Inc (Qualcomm) released financial results for the second quarter of fiscal year 2021. Net profit for the quarter was $1.762 billion, up 276% from $468 million in the same period last year, while revenue was $7.935 billion, up 52% from $5.216 billion in the same period last year.

Apple Inc (Apple) reports results for the second quarter of fiscal year 2021 ended March 27th. Net revenue for the quarter was $89.584 billion, up 54% from the same period last year; net profit was $23.63 billion, up 110% from the same period last year. Revenue in Greater China was $17.728 billion, an increase of 87 per cent over the same period last year. Revenue from iPhone was $49.738 billion, compared with $28.962 billion in the same period last year; Mac, $9.102 billion, compared with $5.351 billion in the same period last year; iPad, $7.807 billion, compared with $4.368 billion in the same period last year; and $7.836 billion in revenue from wearables, home devices and accessories, compared with $6.284 billion in the same period last year. Service revenue was $16.901 billion, compared with $13.348 billion in the same period last year.