Trends - Samsung Electronics - Business Recorder

Samsung Electronics

Samsung reports 28% jump in profit despite supply chain woes

SEOUL: South Korean tech giant Samsung Electronics posted a 28-percent jump in operating profit on Thursday despite...

Published 28 Oct, 2021 09:54am

Technology

Samsung boss convicted, fined for anaesthetic misuse: Yonhap

SEOUL: The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong was convicted Tuesday of illegally...

Published 26 Oct, 2021 09:25am

World

South Korea launches first domestic space rocket but mission fails

SEOUL: South Korea launched its first domestically developed space rocket on Thursday but failed to put its dummy...

Published 22 Oct, 2021 04:13am

Markets

S.Korean stocks rebound on tech boost, easing China property woes

SEOUL: Round-up of South Korean financial markets: South Korean shares ended higher on Tuesday, boosted by tech...

Published 19 Oct, 2021 01:03pm

Markets

S.Korea stocks climb as tech shares jump

SEOUL: Round-up of South Korean financial markets: South Korean shares rose on Tuesday as technology shares rallied...

Published 19 Oct, 2021 10:53am

World

Samsung boss goes on trial on drugs charges

SEOUL: The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong went on trial Tuesday on charges of...

Published 13 Oct, 2021 04:47am

Business & Finance

Samsung forecasts near-30pc jump in Q3 operating profit

SEOUL: South Korean tech giant Samsung Electronics defied the global supply chain challenges to forecast a...

Published 11 Oct, 2021 04:32am

Markets

South Korean stocks end at lowest since Dec 2020 on surging US yields

SEOUL: Round-up of South Korean financial markets: ** South Korean shares on Wednesday closed at their lowest level...

Published 06 Oct, 2021 12:59pm

Technology

Intel, Apple, carmakers to attend White House meeting on chip shortage

Other attendees will include TSMC, BMW and Micron Technology Inc, sources said

Published 23 Sep, 2021 12:03pm

Business & Finance

Samsung Electronics setting up TV line-up plant in Karachi

In another major development for Pakistan's manufacturing sector, South Korean electronics giant Samsung is in the...

Published 22 Sep, 2021 11:51am

Business & Finance

Samsung announces $ 205 billion investment plan

SEOUL: Samsung Group unveiled a $205 billion investment blueprint on Tuesday aimed at making the company a leader in...

Published 30 Aug, 2021 06:33am

Technology

Western Digital-Kioxia in talks to create chipmaker giant

The companies could reach an agreement as early as mid-September, and Western Digital CEO David Goeckeler would run the combined firm

Published 26 Aug, 2021 11:48am

Markets

South Korean stocks post best day in over 3 months on tech boost, Wall St rally

The KOSPI closed up 48.09 points, or 1.56%, at 3,138.30, logging its biggest gain since May 10. It had gained 0.97% on Monday

Published 24 Aug, 2021 12:20pm

Technology

Ahead of the times: Ushering in a new era of smartphone innovation

KARACHI: “The day will come when the man at the telephone will be able to see the distant person to whom he is...

Published 13 Aug, 2021 04:44am

Markets

South Korean stocks slip for sixth day as chip shares dive

The benchmark KOSPI fell 12.37 points, or 0.38%, to 3,208.25 as of 0631 GMT

Published 12 Aug, 2021 12:06pm

Business & Finance

Samsung unveils new foldable smartphones with lower prices to expand market

Tech giant prices its 5G-enabled Galaxy Z Fold3 with 7.6-inch main screen to start at $1,799.99 in the US, and Galaxy Z Flip3 at $999.99

Updated 11 Aug, 2021 07:51pm

Business & Finance

Samsung reports surge in profit on pandemic-led demand for chips

SEOUL: Samsung Electronics' net profits surged more than 70 percent in the second quarter thanks to higher memory...

Published 02 Aug, 2021 06:02am

Business & Finance

Samsung reports surge in profit on pandemic-led demand for chips

Operating profit increased 54.3 percent to 12.6 trillion won from 8.1 trillion won a year earlier, more than half of which came from the firm's semiconductor business

Published 29 Jul, 2021 10:11am

Markets

South Korean stocks mark lowest close in 1-1/2 weeks on inflation, Delta threat

The benchmark KOSPI closed down 32.87 points, or 1%, at 3,244.04, marking the lowest close since July 9

Published 19 Jul, 2021 02:08pm

Business & Finance

Samsung Electronics says Q2 operating profit to jump more than half

The figures were ahead of the 11 trillion won average of estimates, according to Bloomberg News

Published 07 Jul, 2021 10:15am

Markets

South Korean stocks end flat as virus cases spike across Asia; focus on economic data

KOSPI flat, foreigners net sellers.
Korean won weakens against US dollar.
South Korea benchmark bond yield rises.

Published 28 Jun, 2021 01:35pm

Markets

South Korea stocks slip from near all-time high on profit-taking

Foreigners were net sellers of 226.7 billion won ($204.09 million) worth of shares on the main board.

Published 07 Jun, 2021 11:49am

Markets

South Korean stocks end near record high on chip boost, foreign buying

The KOSPI closed up 23.20 points, or 0.72%, at 3,247.43, the highest since the record close on May 10 and extending gains to a fifth straight session.

Published 03 Jun, 2021 12:33pm

Business & Finance

S.Korea seeks tax deductions, incentives for US investment by firms

Biden has spurred on support for the US chip industry amid a global chip shortage that has hit automakers and other industries.
He has met executives from major companies including Samsung in April and previously announced plans to invest $50 billion in semiconductor manufacturing and research.

Published 21 May, 2021 08:16pm

Business & Finance

Samsung profit jumps by nearly half

SEOUL: South Korean tech giant Samsung Electronics said on Thursday that net profits rose nearly 50 percent in the...

Updated 30 Apr, 2021 10:30am

Business & Finance

Samsung profit jumps by nearly half

SEOUL: South Korean tech giant Samsung Electronics said on Thursday that net profits rose nearly 50 percent in the...

Updated 30 Apr, 2021 10:30am

Technology

Samsung profit jumps by nearly half on strong smartphone sales

Coronavirus-driven working from home has been boosting demand for devices powered by Samsung's chips, as well as home appliances such as TV and washing machines.

Published 29 Apr, 2021 10:42am

Technology

Samsung Electronics, LG forecast 40% leaps in Q1 operating profits

"Key to the success of this latest flagship has been its lower $799 starting price," tracker Counterpoint Research said in a report.

Updated 07 Apr, 2021 04:53pm

Markets

South Korea stocks slide as institutional sell-off weighs

KOSPI falls, foreigners net buyers.
Korean won strengthens against US dollar.
South Korea benchmark bond yield falls.

Published 06 Apr, 2021 10:56am

Markets

S.Korea shares end higher on upbeat U.S. job data; strong dollar caps gains

The KOSPI ended up 8.03 points, or 0.26pc, at 3,120.83. It rose as much as 0.46pc and down 0.35pc in early session.

Updated 05 Apr, 2021 12:05pm

Gainers
Losers
Leaders

Stock	Price
National Silk / Dec 3 The National Silk & Rayon Mills Limited(NSRM)	20.97 ▲ 1.46 (7.48%)
Millat Tractors / Dec 3 Millat Tractors Limited(MTL)	899.00 ▲ 3.40 (0.38%)
Pak.Int.Cont.. / Dec 3 Pakistan International Container(PICT)	155.35 ▲ 0.20 (0.13%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	77.00 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	722.00 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	126.50 ▼ 0.00 (0.00%)
Adam Sugar / Dec 3 Adam Sugar Mills Limited(ADAMS)	35.05 ▼ 0.00 (0.00%)
Artistic Denim / Dec 3 Artistic Denim Mills Limited(ADMM)	71.30 ▼ 0.00 (0.00%)
Ados Pakistan / Dec 3 Ados Pakistan Limited(ADOS)	15.90 ▼ 0.00 (0.00%)
Agha Steel Ind. / Dec 3 Agha Steel Ind.Ltd(AGHA)	24.71 ▼ 0.00 (0.00%)

Stock	Price
Jubilee Spinning / Dec 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	5.35 ▲ -1.00 (-15.75%)
Nazir Cotton Mills / Dec 3 Nazir Cotton Mills Limited(NCML)	5.57 ▲ -0.67 (-10.74%)
Pak Mod. / Dec 3 First Pak Modaraba(PAKMI)	2.60 ▲ -0.30 (-10.34%)
Pace (Pak) Ltd. / Dec 3 Pace (Pakistan) Limited(PACE)	4.25 ▲ -0.48 (-10.15%)
Pak Gulf Leasin / Dec 3 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ -0.65 (-9.77%)
Kohinoor Spining / Dec 3 Kohinoor Spinning Mills Limited(KOSM)	3.90 ▲ -0.37 (-8.67%)
Javedan Corp. / Dec 3 Javedan Corporation Limited(JVDC)	49.23 ▲ -3.99 (-7.50%)
K.S.B.Pumps / Dec 3 KSB Pumps Company Limited(KSBP)	185.00 ▲ -15.00 (-7.50%)
National Refinery / Dec 3 National Refinery Limited(NRL)	263.67 ▲ -21.37 (-7.50%)
Prud Mod.1st / Dec 3 First Prudential Modaraba(PMI)	1.85 ▲ -0.15 (-7.50%)

Stock	Volume
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	15,273,674 ▼ 0.00
Unity Foods Ltd / Dec 3 Unity Foods Limited(UNITY)	10,828,276 ▼ 0.00
G3 Tech. / Dec 3 G3 Technologies Limited(GTECH)	9,921,000 ▼ 0.00
Aisha Steel Mill / Dec 3 Aisha Steel Mills Limited(ASL)	8,799,500 ▼ 0.00
TRG Pak Ltd / Dec 3 TRG Pakistan Limited(TRG)	8,317,649 ▼ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	8,141,500 ▼ 0.00
TPL Properties / Dec 3 TPL Properties Limited(TPLP)	6,420,500 ▼ 0.00
Fauji Foods Ltd / Dec 3 Fauji Foods Limited(FFL)	5,270,000 ▼ 0.00
Power Cement / Dec 3 Power Cement Limited(POWER)	5,039,500 ▼ 0.00
Byco Petroleum / Dec 3 Byco Petroleum Pakistan Limited(BYCO)	4,548,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	175.82
USD PKR Interbank Buying / Dec 1	175.72
USD to Japanese Yen / Dec 1	112.80
USD to Swiss Franc / Dec 1	0.92
Pound Sterling to USD / Dec 1	1.33
Euro to USD / Dec 1	1.13
UK LIBOR % / Dec 1	0.08

Stock	Volume
S&P 500 / Dec 1	4567.00
India Sensex / Dec 1	57684.79
Tokyo Nikkei / Dec 1	27935.62
Nasdaq / Dec 1	15254.05
Hang Seng / Dec 1	23658.92
FTSE 100 / Dec 1	7168.68
Dow Jones / Dec 1	34021.94
Germany DAX 30 / Dec 1	15472.67
France CAC40 / Dec 1	6881.87

Item	Value
Crude Oil / Dec 1	65.50
Karachi Cotton Assoc. / Dec 1	17680.00
Gold 10 Grams / Dec 1	101700.00
Gold Spot / Dec 1	1779.16
Cotton / Dec 1	104.19

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