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.
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.
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.