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Samsung Electronics

Samsung Electronics workers announce 'indefinite' strike

Samsung Electronics workers announce 'indefinite' strik...

Wed, Jul 10, 2024

About 30,000 Samsung workers are reportedly affiliated with the National Samsung Electronics Union, the largest at the company, and some belong to other, smaller unions.

Samsung Electronics shares offered in $330 million block sale, term sheet shows

Samsung Electronics shares offered in $330 million block sale, te...

Mon, Apr 08, 2024

The sale will be between 83,700 won to 84,500 won per share, or at a discount of 0 per cent to 0.95 per cent from Samsung shares' Monday closing price of 84,500 won, the term sheet said.

Samsung Elec expects $100 million or more sales from advanced chip packaging business

Samsung Elec expects $100 million or more sales from advanced chi...

Wed, Mar 20, 2024

Samsung's market share in DRAM chips, used in tech devices, reached 45.5 per cent in the fourth quarter last year, according to data provider TrendForce.

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Samsung brings Galaxy AI to more devices with new update

Samsung brings Galaxy AI to more devices with new update

Thu, Feb 22, 2024

Search functions are improved through 'Circle to Search' feature with Google, which generates intuitive search results with a swift circle-motioned gesture.

Samsung Electronics sold remaining ASML shares in Q4, company filing shows

Samsung Electronics sold remaining ASML shares in Q4, company fil...

Wed, Feb 21, 2024

Samsung sold 1.58 million shares or 0.4 per cent of ASML. It had already sold around 1.17 million of its shares in ASML in the third quarter of last year.

Samsung sees tech devices demand recovering in 2024 after record chip loss

Samsung sees tech devices demand recovering in 2024 after record...

Wed, Jan 31, 2024

Chinese PC and mobile makers began to restock memory chips during the quarter, after using up their own stocks for so long.

iPhone supplier Murata targets China budget smartphone makers

iPhone supplier Murata targets China budget smartphone makers

Wed, Dec 13, 2023

Japanese smartphone component supplier Murata Manufacturing aims to grow sales to Chinese makers of lower-end handsets destined for emerging markets as it looks beyond saturated strongholds.

Japan's efforts to foster chip sector are 'impressive'

Japan's efforts to foster chip sector are 'impressive...

Thu, Nov 09, 2023

The company is targeting territory dominated by big players including Taiwan's TSMC and South Korea's Samsung Electronics, which have spent years building up their chipmaking operations.

Samsung says chips to recover in 2024 after best quarterly profit this year

Samsung says chips to recover in 2024 after best quarterly profit...

Tue, Oct 31, 2023

Samsung's earnings followed an announcement about new custom chips from smartphone rival Apple, in a continuation of the trend among major players toward in-house chip development.

Samsung likely to narrow chip losses in Q3 due to production cuts

Samsung likely to narrow chip losses in Q3 due to production cuts

Sun, Oct 01, 2023

Samsung's DS division logged an operating loss of 4.6 trillion won in the first quarter, its first financial loss in 14 years, as chip inventories grew significantly amid tapering global demand.

Samsung unveils world's first gaming title featuring HDR10+ GAMING standard

Samsung unveils world's first gaming title featuring HDR10+...

Mon, Aug 21, 2023

HDR10+ GAMING provides gamers with the ultimate HDR game experience through deeper colour, contrast and brightness.

Samsung to extend production cuts after $7 billion chip loss in H1

Samsung to extend production cuts after $7 billion chip loss in H...

Thu, Jul 27, 2023

A global economic slowdown and high-interest rates have dampened demand for most consumer goods following a pandemic-driven boom.

Samsung Q2 profit down 95% amid chip oversupply, weaker demand

Samsung Q2 profit down 95% amid chip oversupply, weaker demand

Thu, Jul 27, 2023

Sales fell 22.3 per cent to 60 trillion won from the previous year's 77.2 trillion won, the company said in a regulatory filing.

Samsung Electronics flags 96% drop in Q2 profit as chip glut drags on

Samsung Electronics flags 96% drop in Q2 profit as chip glut drag...

Fri, Jul 07, 2023

Samsung Electronics Co Ltd (005930.KS) reported a likely 96 per cent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut.

Samsung likely headed for first quarterly loss in 15 years: Analysts

Samsung likely headed for first quarterly loss in 15 years: Analy...

Sun, Apr 23, 2023

Among the local brokerages that gave a similar outlook, SK Securities expected 600 billion won in operating losses and Samsung Securities Co. forecast an operating loss of 279 billion won for the April-June period, reports Yonhap news agency.

Samsung to invest in smart manufacturing capability, research and development in India

Samsung to invest in smart manufacturing capability, research and...

Mon, Mar 20, 2023

Samsung has around 10,000 employees at its R&D centres across India, out of which the largest base of close to 3,500 people is located at it Bengaluru centre.

Samsung India profit falls 5% to Rs 3,844 crore; revenue up 9% to Rs 82,451 crore

Samsung India profit falls 5% to Rs 3,844 crore; revenue up 9% to...

Mon, Oct 24, 2022

Samsung India Electronics' profit after tax for FY22 fell 4.86 per cent to Rs 3,844.40 crore, while its revenue from operations went up 8.65 per cent to Rs 82,451.60 crore, said data accessed by bu

Samsung Elec sees component shortages persisting in H2, solid server chip demand

Samsung Elec sees component shortages persisting in H2, solid ser...

Thu, Apr 28, 2022

Samsung Electronics Co Ltd reported a 51% rise in quarterly profit on Thursday, buoyed by robust data centre demand for high-margin memory chips, but cautioned that component shortages will likely

Samsung, Micron warn China's Xian lockdown could affect memory chip manufacturing

Samsung, Micron warn China's Xian lockdown could affect memo...

Thu, Dec 30, 2021

Samsung Electronics and Micron Technology, two of the world`s largest memory chip makers, warned that a COVID-19 lockdown in the Chinese city of Xian could affect their chip manufacturing bases in the area.

Samsung to unveil its first HDR10+ gaming displays at CES 2022

Samsung to unveil its first HDR10+ gaming displays at CES 2022

Fri, Dec 24, 2021

South Korean tech giant Samsung Electronics has announced that select 2022 4K and 8K TVs and gaming monitors will support the new HDR10+ gaming standard and that cutting-edge HDR gameplay will be unveiled at CES 2022 along with a list of 4K and 8K game titles, all powered by NVIDIA GPUs.

Samsung to spur innovation as business challenges rise

Samsung to spur innovation as business challenges rise

Mon, Jun 17, 2019

Samsung Electronics Vice Chairman Lee Jae-yong has called for senior executives to spur efforts to develop innovative technologies to tackle rising business challenges and foster new growth drivers, the company has said.

Samsung Electronics to invest $9.6 billion annually in logic chips until 2030

Samsung Electronics to invest $9.6 billion annually in logic chip...

Wed, Apr 24, 2019

The South Korean tech giant, which currently employs around 100,000 people locally, said it will spend 60 trillion won on production infrastructure and the rest on domestic R&D.

Samsung Electronics to consolidate its position in LED TV segment in India

Samsung Electronics to consolidate its position in LED TV segment...

Mon, Apr 08, 2019

Samsung is growing over 60 per cent in the 32-inch screen size LED TV segment, which is considered to be mainstay of the industry.

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