Samsung says AI to drive technology demand in second half after strong Q1 SEOUL: Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some... Published 30 Apr, 2024 10:26am
Markets South Korean shares track Wall Street lower, set for weekly loss SEOUL: Round-up of South Korean financial markets: South Korean stocks gain on US Fed comments South Korean shares... Published 05 Apr, 2024 11:03am
Business & Finance Samsung flags 10-fold rise in first-quarter profit as chip prices recover SEOUL: Samsung Electronics estimated on Friday its first-quarter operating profit would rise more than 10-fold,... Published 05 Apr, 2024 10:30am
Technology Samsung to use tech favoured by SK Hynix as AI chip making race heats up SEOUL: Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as... Published 22 Mar, 2024 04:57am
Technology Samsung Elec expects $100mn or more sales from advanced chip packaging business SEOUL: Samsung Electronics expects $100 million or more of revenue from its next batch of advanced chip-packaging... Published 20 Mar, 2024 10:35am
Technology Meta’s Zuckerberg to meet Samsung chief, discuss AI in South Korea SEOUL: Meta’s CEO Mark Zuckerberg is planning to visit South Korea to meet Samsung Electronics chairman Jay Y. Lee... Published 21 Feb, 2024 10:08am
Technology Samsung sees tech devices demand recovering in 2024 after record chip loss SEOUL: Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a... Published 31 Jan, 2024 11:08am
Technology Samsung Electronics flags 35% drop in Q4 profit, well below market consensus SEOUL: Samsung Electronics Co Ltd reported a likely 35% drop in fourth-quarter operating profit on Tuesday, much... Published 09 Jan, 2024 10:29am
Technology Samsung to set up chip packaging research facility in Japan TOKYO/SEOUL: South Korea’s Samsung Electronics will invest around 40 billion yen ($280 million) over five years in a... Published 21 Dec, 2023 10:25am
Business & Finance Samsung Electronics says Q3 operating profits down SEOUL: South Korea’s Samsung Electronics said Tuesday that its operating profits for the July to September period... Published 06 Nov, 2023 05:27am
Technology Samsung Electronics says Q3 operating profits down 77.57% SEOUL: South Korea’s Samsung Electronics said Tuesday that its operating profits for the July to September period... Published 31 Oct, 2023 12:24pm
Technology Samsung to extend production cuts after $7bn chip loss in H1 SEOUL: Samsung Electronics on Thursday struck a cautious note on the global semiconductor outlook, announcing plans... Published 27 Jul, 2023 10:52am
Technology Samsung unveils new foldable phones to challenge Apple’s premium dominance SEOUL: Samsung Electronics unveiled its latest foldable smartphones on Wednesday, keeping prices around the same... Published 26 Jul, 2023 05:29pm
Business & Finance Samsung expects Q2 profit to plunge more than 95pc SEOUL: Samsung Electronics said Friday it expects second-quarter operating profits to fall more than 95 percent... Updated 10 Jul, 2023 07:52am
Technology Samsung bans use of ChatGPT for mobile, appliances staff SEOUL: Samsung Electronics is banning employees in its mobile and appliances division from using generative AI... Published 02 May, 2023 03:14pm
Technology Samsung flags H2 recovery after record chip loss in Q1 SEOUL: Samsung Electronics Co Ltd flagged a gradual recovery for chips in the second half of the year after its... Published 27 Apr, 2023 09:04am
World South Korea to build ‘world’s largest’ chip centre SEOUL: South Korea said Wednesday it would build the world’s largest chip centre using $230 billion of private... Published 31 Mar, 2023 06:45am
Business & Finance 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