Samsung

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

iPhone 15 was the best-selling smartphone in Q3 2024

Apple's iPhone 15 led global smartphone sales in the third quarter (July, August, September) of 2024, according to a new report from Counterpoint Research, a global tech research firm. The iPhone 15 Pro Max and iPhone 15 Pro followed closely, showing strong demand for Apple’s latest models.

Samsung Q3 operating profits soar to $6.6 bn, miss forecast

The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely due to one-off costs".

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'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

Samsung says planning job cuts in some Asian operations

The world's largest memory chipmaker is modifying staffing levels in Southeast Asia, Australia, and New Zealand, a company spokesman told AFP, adding that "the adjustments include job cuts"

Epic Games to take legal action against Google and Samsung for unfair competition

Epic Games, the creator of the popular game "Fortnite," has announced plans to file a lawsuit against tech giants Google and Samsung, alleging conspiracy to restrain competition in the app market.

Samsung India strike highlights labour movement's growing influence

A strike at Samsung's Sriperumbudur plant in Tamil Nadu has brought attention to India's powerful labour group, the Centre of Indian Trade Unions (CITU), which is backing the protests and signalling its intent to expand its influence in the electronics manufacturing sector.

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.

August 30, 2024
August 30, 2024

Infinix teams up with Samsung for AI camera tech

Infinix, a tech brand, has announced a strategic partnership with Samsung Electronics’ System LSI Business for joint optimization.

August 8, 2024
August 8, 2024

North Korea Olympians not given Samsung phones: IOC

North Korean Olympians have not received Samsung smartphones, unlike athletes from other countries, the IOC told AFP on Thursday, hours after Seoul suggested that providing them the phones could violate UN sanctions against the nuclear-armed North.

July 10, 2024
July 10, 2024

All the new gadgets announced at Samsung Galaxy Unpacked 2024

Samsung has just unveiled a range of new products at the latest Galaxy Unpacked event, including the new Galaxy Z Fold 6 and Flip 6, Galaxy Ring, Galaxy Watch 7 and Watch Ultra, and Galaxy Buds 3 and Buds 3 Pro. Let's take a quick look at all the new products officially announced by Samsung at Galaxy Unpacked 2024.

July 10, 2024
July 10, 2024

Samsung unveils Galaxy Z Fold 6 and Flip 6

Samsung has officially announced its latest foldable smartphones, the Galaxy Z Fold 6 and Galaxy Flip 6. Both phones feature the new Snapdragon 8 Gen 3 processor and AI-powered features such as Click to Search, Live Translate, and Interpreter.

July 9, 2024
July 9, 2024

What to expect at tomorrow's Samsung Galaxy Unpacked event

This year, Samsung is notably focusing on AI, with "the next frontier of Galaxy AI" scheduled to be unveiled at this event, as well as the new Galaxy Z Fold 6 and Flip 6, among other signature devices and tech. Here is a brief look at what to expect at the upcoming Samsung Galaxy Unpacked event.

July 7, 2024
July 7, 2024

Samsung Galaxy M14 LTE launched in Bangladesh

Samsung has recently introduced the Galaxy M14 LTE smartphone in Bangladesh.

July 7, 2024
July 7, 2024

Leak reveals Samsung Galaxy Z Fold 6 and Z Flip 6 specs ahead of launch

Samsung enthusiasts have been given an early peek into the specifications of the much-anticipated Galaxy Z Fold 6 and Z Flip 6, thanks to a recent leak by prominent tipster Evan Blass. The leaked information comes just a week before Samsung’s next Unpacked event, scheduled for 10 July, where the new foldable phones are expected to be officially unveiled.

June 26, 2024
June 26, 2024

Samsung's new foldables may be unveiled next month

Samsung has announced the date for its next Galaxy Unpacked event, set to be held in Paris on July 10, 2024. As per the official announcement, this Unpacked event will feature "the next frontier of Galaxy AI", as well as the inclusion of the new AI system in the upcoming Galaxy Z series; expected to be the Samsung Galaxy Z Fold 6 and Flip 6.

May 29, 2024
May 29, 2024

Samsung Electronics union announces first-ever strike

A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said Wednesday that workers will go on strike for the first time ever, potentially threatening key global semiconductor supply chains