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Samsung Electronics

Samsung Electronics workers announce 'indefinite' strike

Samsung Electronics workers announce 'indefinite' strike

Wed, Jul 10, 2024

About 30,000 Samsung workers are reportedly affiliated with the National Samsung Electronics Union, the largest at the company, and some belong to other, smaller unions.

Samsung Electronics shares offered in $330 million block sale, term sheet shows

Samsung Electronics shares offered in $330 million block sale, term sheet shows

Mon, Apr 08, 2024

The sale will be between 83,700 won to 84,500 won per share, or at a discount of 0 per cent to 0.95 per cent from Samsung shares' Monday closing price of 84,500 won, the term sheet said.

Samsung Elec expects $100 million or more sales from advanced chip packaging business

Samsung Elec expects $100 million or more sales from advanced chip packaging business

Wed, Mar 20, 2024

Samsung's market share in DRAM chips, used in tech devices, reached 45.5 per cent in the fourth quarter last year, according to data provider TrendForce.

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Samsung launches Galaxy C7 Pro in India; check out price, specs and other details

Samsung launches Galaxy C7 Pro in India; check out price, specs and other details

Fri, Apr 07, 2017

Samsung Electronics on Friday launched new smartphone Galaxy C7 Pro priced at Rs 27,990 and will be available exclusively on Amazon India from April 11 this year.

Samsung tips best quarterly profit in over three years as chips soar

Samsung tips best quarterly profit in over three years as chips soar

Fri, Apr 07, 2017

Samsung Electronics Co Ltd forecast on Friday its best quarterly profit in more than three years in the January-March period, beating expectations and putting it on track for record annual earnings on the back of a memory chip super-cycle.

Samsung becomes most trusted brand in India in 2017; Patanjali at 15th

Wed, Apr 05, 2017

Samsung Electronics, which is now the most trusted brand in India in 2017.

Samsung Electronics to launch Galaxy S8 in New York today; here's how you catch the event live

Samsung Electronics to launch Galaxy S8 in New York today; here's how you catch the event live

Wed, Mar 29, 2017

Samsung Electronics will live stream the phone Galaxy S8 launch event titled 'Samsung Galaxy Unpacked 2017' on its website starting at 8:30 pm on Wednesday as per Indian Standard Time (IST).

Samsung Electronics says to sell refurbished Galaxy Note 7s

Samsung Electronics says to sell refurbished Galaxy Note 7s

Mon, Mar 27, 2017

Tech giant Samsung Electronics Co Ltd said on Monday it plans to sell refurbished versions of the Galaxy Note 7 smartphones that were pulled from markets due to fire-prone batteries.

Samsung launches two new tablets at MWC 2017

Samsung launches two new tablets at MWC 2017

Mon, Feb 27, 2017

The Galaxy Tab S3 is the first Samsung tablet to feature quad-stereo speakers tuned by AKG by HARMAN

Samsung heir grilled again in corruption scandal

Samsung heir grilled again in corruption scandal

Sat, Feb 25, 2017

Prosecutors believe Lee gave or promised some 43 billion won ($36 million) worth of bribes to President Park Geun-hye`s jailed friend Choi Soon-sil in return for the government`s backing of a merger of two Samsung affiliates in 2015.

S.Korea prosecutor to summon Samsung's Lee again on suspicion of bribery

S.Korea prosecutor to summon Samsung's Lee again on suspicion of bribery

Sun, Feb 12, 2017

Lee Kyu-chul, spokesman for the special prosecutor, told a news briefing the office would decide later whether to seek another arrest warrant for Lee after his questioning on Monday.

Samsung Electronics dethrones Apple as top global semiconductor chip buyer in 2016

Samsung Electronics dethrones Apple as top global semiconductor chip buyer in 2016

Fri, Feb 03, 2017

While Samsung Electronics spend $31.6 billion on buying semiconductor chips in 2016, Apple spent $29.9 billion in the same year.

Samsung Electronics to supply Exynos processors for Audi vehicles

Samsung Electronics to supply Exynos processors for Audi vehicles

Wed, Jan 18, 2017

Samsung said in a statement its Exynos processors will power up to four in-vehicle displays for Audi`s next-generation infotainment system without elaborating on the contract value or what vehicles Audi will use the chips for.

LG Electronics estimates quarterly loss of nearly $30 million; first in six years

LG Electronics estimates quarterly loss of nearly $30 million; first in six years

Fri, Jan 06, 2017

This is the first loss for the company since a bigger loss in the fourth quarter of 2010.

Japan's TDK agrees to buy US chip maker InvenSense for $1.3 billion

Japan's TDK agrees to buy US chip maker InvenSense for $1.3 billion

Wed, Dec 21, 2016

The US chip maker produces motion sensors for Apple and Samsung Electronics.

Sharp-Foxconn JV to stop supplying TV panels to Samsung to stem losses

Sharp-Foxconn JV to stop supplying TV panels to Samsung to stem losses

Thu, Dec 15, 2016

Japan's Sharp Corp and Taiwan's Foxconn have decided to stop supplying television panels through their joint venture to Samsung Electronics Co Ltd as they review the money-losing unit, a person familiar with the matter said.

Samsung Electronics considers splitting into two

Samsung Electronics considers splitting into two

Tue, Nov 29, 2016

Samsung Electronics Co. on Tuesday said it was considering splitting the company into two, a move seen as necessary for heir-apparent Lee Jae-Yong to take over the firm from his father.

Samsung raided over probe into South Korea political scandal

Samsung raided over probe into South Korea political scandal

Tue, Nov 08, 2016

South Korean prosecutors on Tuesday raided Samsung Electronics' headquarters as part of a probe into a damaging political scandal involving President Park Geun-Hye and her close personal friend.

Samsung to compensate suppliers hit by Galaxy Note 7 crisis

Samsung to compensate suppliers hit by Galaxy Note 7 crisis

Tue, Oct 18, 2016

Samsung Electronics said on Tuesday it would compensate suppliers hit by the decision to scrap its Galaxy Note 7 smartphones because of safety fears with exploding batteries.

Samsung sees further $3 billion profit hit from Galaxy Note 7 crisis

Samsung sees further $3 billion profit hit from Galaxy Note 7 crisis

Fri, Oct 14, 2016

Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus (nearly over Rs 19,958.3 crore) in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact.

Samsung may lose customers to Apple over brand damage: Fitch

Thu, Oct 13, 2016

The repercussions of the explosive Samsung Note 7 incidents could be potentially damaging to the brand more so than its financial impact.

Samsung slashes Q3 profit estimate down 33% on Galaxy Note 7 recall

Samsung slashes Q3 profit estimate down 33% on Galaxy Note 7 recall

Wed, Oct 12, 2016

Samsung also slashed its third-quarter sales estimate by four percent to 47 trillion won from 49 trillion won.

Samsung Electronics sold shares in four companies

Samsung Electronics sold shares in four companies

Sun, Sep 18, 2016

Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses.

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