The South Korean tech giant is the worst performing stock among global chipmakers like TSMC and Nvidia this year
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 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).
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
Operating profit for Samsung likely stood at 10.33 trillion won ($7.67 billion) in the quarter ended Sept 30
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 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.
Union members would use annual leave to strike for one day on June 7
Weak demand concerns behind Samsung Electronics gloomy financial forecast
South Korean electronics giant Samsung Electronics today launched a new line of televisions for the Bangladesh market through an event in Dhaka.
Samsung Electronics apologises for illnesses and deaths of some of its workers, saying it failed to create a safe working environment at its computer chip and display factories.
Lauded for its style and eye-catching features even before it was launched globally, here's why this super smartphone is a must buy for the trend conscious.
South Korean police say Samsung Electronics Chairman Lee Kun-hee was suspected of evading tax for 8.2 billion won ($7.5 million), and of using bank accounts held by employees that held 400 billion won, Yonhap News Agency says.
The CEO of Samsung Electronics Kwon Oh-Hyun resigns Friday, saying the South Korean tech giant have been facing an "unprecedented crisis", even as it expected profits to hit an all-time high in the third quarter.
Samsung Electronics officially announces that the company will build a home appliance factory with US$380 million worth of investment in South Carolina, marking the company’s first major investment in the US since it relocated production facilities for US exports to Mexico in the early 1990s.
Samsung Electronics is predicted to become the world’s largest chipmaker in the coming quarter, displacing Intel, which has retained the top spot for the past 24 years.
