Business
Samsung warns of slow AI chip sales in Q1, hurt by US restrictions on China
SAMSUNG Electronics on Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to U.S. export…
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Samsung
Business
Samsung Electronics posts 129.85% jump in Q4 operating profit
SAMSUNG Electronics said on Friday its operating profits surged 129.85 per cent year-on-year in the fourth quarter of 2024, but fell from…
Business
SK Hynix posts record quarterly profit surpassing Samsung on AI boom
SOUTH Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as…
Culture
Samsung to beat Apple to ultrathin phone with Galaxy S25 Edge
SAMSUNG Electronics plans to launch an ultrathin version of its Galaxy S25 phone in the first half of this year, beating Apple to a…
Business
Samsung Q4 profit outlook misses estimates by large margin as chip issues drag
SAMSUNG Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as…
Business
Samsung CEO touts AI fridges and washers after year to forget
SAMSUNG Electronics is ramping up investment in artificial intelligence (AI) for consumer electronics, betting on its ubiquitous presence…
Culture
Samsung adds generative AI to world’s best-selling TV lineup
SAMSUNG Electronics is expanding its artificial intelligence (AI) push with a new suite of enhancements for its premium TV lineup under…
News
Samsung Electronics, Texas Instruments finalise Chips Act awards
Samsung Electronics and Texas Instruments completed final agreements to get billions of dollars of government support for new…
Business
US proposes US$7.5 billion loan to Stellantis, Samsung SDI battery joint venture
THE US Energy Department said on Monday (Dec 2) it is planning to loan up to US$7.5 billion to a joint venture of Chrysler parent…
Business
Samsung gets first woman CEO outside founding family in 86 years
FOR Samsung Group, this has been a year of milestones. First, a rare public apology from its flagship Samsung Electronics, followed by a…
News
South Korea prosecutors seek 5-year jail term for Samsung Electronics chief in appeals case
SOUTH Korean prosecutors requested on Monday (Nov 25) a five-year jail term for Samsung Electronics chairman Lee Jae-yong over actions in…
Business
Samsung ordered to pay US$118 million for infringing Netlist patents
A FEDERAL jury in Marshall, Texas, on Friday (Nov 22) awarded computer memory company Netlist US$118 million in damages from Samsung…
Business
Samsung unveils surprise US$7 billion buyback over coming year
Samsung Electronics plans to buy back about US$7.2 billion of its own stock over the next year, putting in motion one of the larger…