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.
Will a 6-day workweek for executives help Samsung avert crisis?
Samsung Group’s latest decision is to make the executives of its key tech affiliates — Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display — work an extra day per week as part of the group’s emergency measures to tackle ongoing business uncertainties
Apple loses top phonemaker spot to Samsung
Xiaomi, one of China's top smartphone makers, occupied the third position with a market share of 14.1% during the first quarter.
AI might rewrite Samsung's memory chip past
Samsung, which generates the bulk of its operating profit from semiconductors, is forecast to more than double earnings this year, per analysts' estimates gathered by LSEG
Samsung Electronics expects 10-fold rise in Q1 profit
January-March operating profits were expected to rise 931.3 % to 6.6 trillion won ($4.89 billion) while operating profits in the same period last year totalled around 640 billion won
Samsung Galaxy A15 5G launched in Bangladesh
Samsung has recently launched the Galaxy A15 5G smartphone in Bangladesh. Samsung Galaxy A15 5G features a 6.5-inch FHD+ Super AMOLED display, a 90 Hz refresh rate, and a 5,000mAh battery with 25W super-fast charging capacity.
Samsung unveils bendable phone concept; OLED Cling Band
Samsung recently unveiled a prototype concept for a bendable phone that can wrap itself around the user's wrist, at the Mobile World Congress 2024 held in Barcelona, Spain. Named the 'OLED Cling Band', the phone features a flexible 6.9-inch screen with a bezel-less display when straightened out.
Samsung unveils Galaxy Ring that can track your health
Samsung has just introduced its latest wearable device, the Galaxy Ring, which will be able to track the health of the wearer. The Samsung Galaxy Ring was unveiled at the Mobile World Congress (MWC) 2024 held in Barcelona, Spain, following a teaser during the Samsung Galaxy S24 launch earlier this year.
Samsung chief Jay Y. Lee cleared of charges in 2015 merger case
Samsung Electronics, Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation in a case about a 2015 merger
Samsung reports sharp drop in operating profits
Sales dipped 3.8 % to 67.78 trillion won, while a net profit of 6.34 trillion won was down 73.4 %
Samsung launches Galaxy S23 FE in Bangladesh
Samsung Galaxy S23 FE has recently been released in Bangladesh.