Samsung Electronics

Samsung Electronics shares hit 4-year lows on Trump risks, AI chips

The South Korean tech giant is the worst performing stock among global chipmakers like TSMC and Nvidia this year

Samsung India employee strike continues into second month

More than 1,000 workers at the Samsung Electronics factory in southern India have continued their strike into its second month, rejecting a recent settlement offer from the company. The workers, stationed at a facility near Chennai in Tamil Nadu, are demanding higher wages and official recognition of their union, as per a recent report by Reuters.

Samsung apologises for delayed AI chip production

Samsung Electronics has issued an apology to its investors after revealing worse-than-expected revenue and profit forecasts, according to a recent report by Bloomberg News. The company acknowledged that it is struggling to maintain its technological competitiveness, especially in the fast-growing field of artificial intelligence (AI).

Samsung Electronics apologises for disappointing profit as it struggles in AI chips

The comments illustrate the challenges facing the company, which has been the world's biggest memory chipmaker for three decades but is battling growing competition

Samsung's profit recovery seen weakening in Q3

Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30

TSMC, Samsung consider building chip factories in UAE, WSJ reports

TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion

Samsung Electronics to fire 30% of overseas employees: report 

Samsung Electronics Co., Ltd. is planning on letting go of up to 30% of its employees working overseas at specific divisions, according to a recent report by Reuters.

Samsung workers' union announces first-ever strike

Union members would use annual leave to strike for one day on June 7

Samsung expects further decline in quarterly profits

Weak demand concerns behind Samsung Electronics gloomy financial forecast

November 13, 2024
November 13, 2024

Samsung Electronics shares hit 4-year lows on Trump risks, AI chips

The South Korean tech giant is the worst performing stock among global chipmakers like TSMC and Nvidia this year

October 10, 2024
October 10, 2024

Samsung India employee strike continues into second month

More than 1,000 workers at the Samsung Electronics factory in southern India have continued their strike into its second month, rejecting a recent settlement offer from the company. The workers, stationed at a facility near Chennai in Tamil Nadu, are demanding higher wages and official recognition of their union, as per a recent report by Reuters.

October 8, 2024
October 8, 2024

Samsung apologises for delayed AI chip production

Samsung Electronics has issued an apology to its investors after revealing worse-than-expected revenue and profit forecasts, according to a recent report by Bloomberg News. The company acknowledged that it is struggling to maintain its technological competitiveness, especially in the fast-growing field of artificial intelligence (AI).

October 8, 2024
October 8, 2024

Samsung Electronics apologises for disappointing profit as it struggles in AI chips

The comments illustrate the challenges facing the company, which has been the world's biggest memory chipmaker for three decades but is battling growing competition

October 7, 2024
October 7, 2024

Samsung's profit recovery seen weakening in Q3

Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30

September 23, 2024
September 23, 2024

TSMC, Samsung consider building chip factories in UAE, WSJ reports

TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion

September 11, 2024
September 11, 2024

Samsung Electronics to fire 30% of overseas employees: report 

Samsung Electronics Co., Ltd. is planning on letting go of up to 30% of its employees working overseas at specific divisions, according to a recent report by Reuters.

May 29, 2024
May 29, 2024

Samsung workers' union announces first-ever strike

Union members would use annual leave to strike for one day on June 7

January 9, 2024
January 9, 2024

Samsung expects further decline in quarterly profits

Weak demand concerns behind Samsung Electronics gloomy financial forecast

December 21, 2023
December 21, 2023

Samsung to set up chip packaging research facility in Japan

South Korea's Samsung Electronics will invest around 40 billion yen ($280 million) over five years in a facility for research into advanced chip packaging it will set up in Japan, according to an announcement by the city of Yokohama.