Samsung Electronics
- Business
Samsung’s operating profit surges 15 times to $7.54 billion in Q2
Seoul: Samsung Electronics said on Wednesday its second quarter (Q2) operating profit surged more than 15 times from a year earlier on the robust performance of its semiconductor business. The world’s largest…
- Business
Samsung builds AI chip infrastructure used in more efficient computing
Seoul: Samsung Electronics said on Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing. The infrastructure for so-called compute express link (CXL) technology…
- Business
Samsung to provide comprehensive AI solutions for foundry biz
Seoul: Samsung Electronics said on Thursday it will provide comprehensive “one-stop” artificial intelligence (AI) solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips. “At a…
- Business
Samsung to launch AI-powered washer-dryer combo globally in Q2
Seoul: Samsung Electronics on Monday said that it will launch its latest Bespoke Artificial Intelligence (AI) Combo washer-dryer globally within the second quarter (Q2) of this year. The Bespoke AI Combo, which…
- Business
Wage negotiations at Samsung break down, union plans strike
Seoul: Wage negotiations between management and a labour union at Samsung Electronics broke down, industry sources said on Tuesday, leading the union to start the process to go on strike. The tech…
- Technology
Samsung vows to prioritise retaining its technological supremacy
Seoul: South Korean tech behemoth Samsung Electronics on Tuesday announced its strategic priorities for the new year, emphasising the strengthening of the company’s competitiveness through technological supremacy and adaptability to future changes.…
- Business
Foreign net purchases of Samsung Electronics reach all-time high
Seoul: Foreign investors’ net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed on Monday. Offshore investors…
- Technology
Samsung unveils world’s first gaming title featuring HDR10+ GAMING standard
Seoul: Samsung Electronics on Monday announced the launch of the world’s first gaming title featuring the High Dynamic Range (HDR) 10+ GAMING standard created by HDR10+ Technologies LLC. The new title, “The…
- Technology
S.Korea to create $230 mn fund for chip industry
Seoul: South Korea will create a fund worth 300 billion won ($229.25 million) to ensure the stable value chain of the chip industry by strengthening the logic chip sector and related materials,…
- Business
Samsung likely headed for first quarterly loss in 15 years: Analysts
Seoul: Samsung Electronics is likely to post an operating loss in the second quarter on a chip downturn and decline in mobile demand, in what will be the first quarterly loss for…
- Business
HARMAN expands India footprint, to hire 200 people this year
New Delhi: HARMAN, a subsidiary of Samsung Electronics, focussed on designing consumer experiences at automotive grade, on Tuesday announced its expansion plans in India by opening a new Automotive Engineering Centre. This…
- Bangalore
Bengaluru: HARMAN takes legal action against dealers selling its counterfeits
Bengaluru: HARMAN, a subsidiary of Samsung Electronics, on Tuesday said it has taken strict legal action against dealers involved in the manufacture and sale of fake JBL and Infinity Car Audio products…
- Business
Samsung raises over $10 mn for Global Goals
Seoul: Samsung Electronics announced that it has reached a significant milestone to advance the Sustainable Development Goals (SDGs), or the Global Goals, with a contribution of more than $10 million to the…
- Business
Samsung will overcome slowing sales with lifestyle TVs: Top executive
Berlin: Samsung Electronics is trying to keep up the growth momentum of its TV business with its Lifestyle TVs, a senior executive has said, a lineup designed to transform traditional TV roles…
- Technology
‘Samsung has substantial upside potential on sound fundamentals’
Seoul: Investor sentiment has been unduly negative toward Samsung Electronics in light of the company’s strong performance and solid earnings forecast, a chief analyst at a local research firm has said. “I…
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