Trends - Samsung Electronics - Business Recorder

Samsung Electronics

Samsung Electronics to invest $230bn through 2042 in South Korea chipmaking base

SEOUL: South Korean tech giant Samsung Electronics expects to invest $230 billion over the next 20 years to develop...

Published 15 Mar, 2023 10:11am

Technology

Samsung’s newest Galaxy S smartphones a test of brand power in weak market

SEOUL/SAN FRANCISCO: Samsung Electronics unveiled its latest premium smartphones with a focus on their powerful...

Published 02 Feb, 2023 11:43am

Technology

SK Hynix warns chip downturn to worsen in Q1, posts record quarterly loss

SEOUL: South Korea’s SK Hynix Inc cautioned that the chip industry downturn, the worst in over a decade, will deepen...

Published 01 Feb, 2023 10:04am

Business & Finance

Samsung quarterly profits plunge to 8 year low on demand slump

SEOUL: Samsung Electronics said Tuesday that its fourth-quarter operating profits plunged nearly 70 percent, the...

Published 31 Jan, 2023 11:32am

Business & Finance

Samsung Elec to expand chip production at largest plant next year

SEOUL: Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year,...

Published 26 Dec, 2022 10:30am

Technology

Apple, Samsung to upgrade phone software for Indian 5G rollout by Dec

NEW DELHI: Apple Inc and Samsung Electronics are among companies who will upgrade software for their 5G-enabled...

Published 12 Oct, 2022 06:06pm

Business & Finance

Samsung Electronics forecasts 31.7% fall in Q3 profit

SEOUL: Samsung Electronics expects operating profits in the third quarter to fall 31.7 percent, the South Korean...

Published 07 Oct, 2022 09:38am

Business & Finance

Samsung Electronics to invest over $5bn as it targets net zero emissions by 2050

SEOUL: Samsung Electronics will invest over 7 trillion won ($5.02 billion) by 2030 as part of sweeping environmental...

Published 15 Sep, 2022 06:20pm

Technology

Apple plans to cut iPhone 14 production lag between China, India: report

Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move...

Published 23 Aug, 2022 02:04pm

Business & Finance

South Korea’s Yoon pardons Samsung’s Jay Y. Lee to counter ‘economic crisis’

SEOUL: South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y. Lee on Friday, with...

Published 12 Aug, 2022 11:58am

Business & Finance

Samsung Electronics says operating profits up 12.18 percent in Q2

SEOUL: South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up...

Published 28 Jul, 2022 09:54am

Business & Finance

Samsung begins production of advanced 3nm chips

SEOUL: Samsung Electronics became the first chipmaker in the world to mass produce advanced 3-nanometre microchips,...

Published 30 Jun, 2022 11:25am

Business & Finance

Samsung Australia fined $9.7mn over false water-resistance claims

Australia’s competition regulator said on Thursday a court ordered the local unit of Samsung Electronics to pay a...

Published 23 Jun, 2022 12:25pm

Markets

Samsung boss Lee hosts Biden, Yoon in tour of S. Korea chip plant

SEOUL: Samsung Electronics Vice Chairman Jay Y. Lee hosted U.S. President Joe Biden’s tour of a semiconductor plant...

Published 20 May, 2022 05:20pm

Business & Finance

Samsung Electronics Q1 net profit up 58.57 percent

SEOUL: South Korean tech giant Samsung Electronics posted a 58.57 percent rise in first-quarter net profits on...

Published 28 Apr, 2022 09:50am

Business & Finance

Samsung forecasts Q1 operating profit up 50.3pc YoY

SEOUL: Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean...

Published 11 Apr, 2022 07:19am

Technology

Samsung's reputation hit as prices slashed at home for Galaxy S22

SEOUL: Samsung Electronics' flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance...

Updated 08 Apr, 2022 03:52pm

Business & Finance

Samsung forecasts Q1 operating profit up 50.3% year-on-year

SEOUL: Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean...

Published 07 Apr, 2022 11:34am

Technology

Samsung Innovation Campus complete its AI Course

LAHORE: Samsung Electronics launched the latest of its global citizenship program for young adults at Samsung...

Published 06 Apr, 2022 05:53am

Business & Finance

Samsung Electronics shares worth $1.1bn sold in block deal

SEOUL: Samsung Electronics shares worth about $1.1 billion were sold in a block deal on Thursday, according to a...

Published 24 Mar, 2022 12:26pm

Business & Finance

Samsung Electronics suspends shipments to Russia

SEOUL: Samsung Electronics has suspended shipments to Russia over "geopolitical developments", the firm said...

Published 05 Mar, 2022 10:27am

Markets

S22 series: Samsung's newest Galaxy smartphones have enhanced camera, faster chip

Says S22 Ultra, S22 Plus and S22 will be widely available starting February 25
In the US, the Galaxy S22 will be priced from $799.99, the S22 Plus at $999.99 and the S22 Ultra at $1,199.99

Updated 09 Feb, 2022 09:09pm

Business & Finance

SK Hynix sees supply chain issues improving in H2, more chip demand

SEOUL: South Korean chipmaker SK Hynix Inc said it expects supply chain issues to gradually improve from the second...

Published 28 Jan, 2022 10:12am

Technology

About 70 South Korean attendees of US tech show test positive for COVID-19

SEOUL/SAN FRANCISCO: About 70 South Korean nationals who attended the giant CES tech trade show in Las Vegas last...

Updated 12 Jan, 2022 12:12pm

Business & Finance

Samsung Electronics forecasts 52.5% jump in Q4 profits on record sales

SEOUL: Samsung Electronics expects operating profits for the fourth quarter to soar 52.5 percent, the South Korean...

Published 07 Jan, 2022 10:09am

Technology

Samsung, Micron warn China's Xian lockdown could disrupt memory chip manufacturing

Samsung Electronics and Micron Technology, two of the world's largest memory chip makers, warned that strict ...

Published 30 Dec, 2021 10:43am

Business & Finance

Samsung’s TV line-up plant begins production in Karachi

The plant established in collaboration with the Karachi-based R&R Industries will initially produce 50,000 units of TV sets each year

Published 07 Dec, 2021 12:51pm

Business & Finance

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

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 22 Trust Modaraba(TRSM)	1.55 ▲ 0.33 (27.05%)
Pak Gulf Leasing / Mar 22 Pak-Gulf Leasing Company Limited(PGLC)	6.20 ▲ 0.55 (9.73%)
Premier Insurance / Mar 22 Premier Insurance Limited(PINL)	6.80 ▲ 0.55 (8.80%)
Hala Enterprise / Mar 22 Hala Enterprises Limited(HAEL)	6.90 ▲ 0.53 (8.32%)
Bal. Wheel / Mar 22 Baluchistan Wheels Limited(BWHL)	61.38 ▲ 4.28 (7.50%)
Khyber Tex. / Mar 22 Khyber Textile Mills Limited(KHYT)	276.84 ▲ 19.31 (7.50%)
Pak Tobacco / Mar 22 Pakistan Tobacco Company Limited(PAKT)	717.60 ▲ 50.05 (7.50%)
Shield Corp. / Mar 22 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Sapphire Fibres / Mar 22 Sapphire Fibres Limited(SFL)	954.79 ▲ 66.61 (7.50%)
Towellers Ltd. / Mar 22 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)

Stock	Price
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.92 ▼ -0.49 (-14.37%)
Saritow Spinning / Mar 22 Saritow Spinning Mills Limited(SSML)	4.18 ▼ -0.39 (-8.53%)
First Pak Mod. / Mar 22 First Pak Modaraba(PAKMI)	1.40 ▼ -0.12 (-7.89%)
Samba Bank / Mar 22 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Dawood Equities / Mar 22 Dawood Equities Limited(DEL)	3.81 ▼ -0.32 (-7.75%)
Engro Poly(Pref / Mar 22 Engro Poly(Pref)(EPCLPS)	11.98 ▼ -1.00 (-7.70%)
Siddiqsons Tin / Mar 22 Siddiqsons Tin Plate Limited(STPL)	6.30 ▼ -0.52 (-7.62%)
Balochistan Glass / Mar 22 Balochistan Glass Limited(BGL)	12.30 ▼ -1.00 (-7.52%)
S.S.Oil / Mar 22 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Pakistan Services / Mar 22 Pakistan Services Limited(PSEL)	1188 ▼ -95.90 (-7.47%)

Stock	Volume
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	17,466,000 ▼ -0.15
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	11,070,759 ▼ -0.01
Thatta Cement / Mar 22 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.26
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	7,739,024 ▼ -0.07
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	5,924,540 ▼ -0.65
Telecard Limited / Mar 22 Telecard Limited(TELE)	5,534,500 ▼ -0.49
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.11
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.61
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.47
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▼ -0.28

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
Dow Jones / Mar 21	32560.60
India Sensex / Mar 22	58214.59
Tokyo Nikkei / Mar 22	27466.61
Hang Seng / Mar 22	19591.43
FTSE 100 / Mar 22	7515.89
Germany DAX 30 / Mar 22	15179.43
France CAC40 / Mar 22	7097.16

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

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