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"samsung-electronics"

  • Samsung secures record $16.4 billion chip order, its biggest ever semiconductor deal

    Samsung Electronics has bagged its largest-ever semiconductor order worth $16.4 billion from an undisclosed customer. The 10-year foundry deal will boost its chip business as the company strives to catch up with rival TSMC and offset recent profit declines.
  • Samsung brings AI side button access to Galaxy A series devices

    The update will be available on the Galaxy A56 5G, Galaxy A36 5G, and Galaxy A26 5G. Users will soon be able to press and hold the side button to instantly launch Gemini, streamlining everyday tasks such as checking calendars, discovering local dining spots, or getting gift suggestions.
  • Samsung joins with Hyundai to use private 5G network in car manufacturing

    The two companies recently completed the end-to-end Reduced Capability (RedCap) trial over a private 5G network and will showcase the technology during the upcoming 'Mobile World Congress' (MWC) 2025
  • Samsung decides to cancel over $2 billion worth of treasury stocks

    Around 50.1 million common stocks and 6.9 million preferred shares will be retired, according to the company in a regulatory filing.
  • Samsung, Naver executives to attend AI Action Summit in Paris next week

    Naver chief executive officer (CEO) Choi Soo-yeon is set to attend the event, which will take place Monday and Tuesday in Paris, according to the sources, reports Yonhap news agency.
  • New update extends Galaxy AI to additional Samsung devices

    According to a statement from the company, the update will begin rolling out by the end of March and will be accessible on the Galaxy S23 series, S23 FE, Z Fold5, Z Flip5, and Tab S9 series.
  • Samsung dual folding display gives glimpses into upcoming Galaxy Z flip

    The Galaxy Z Flip 5 is the latest clamshell-style foldable released last summer. Boasting a wider front cover display and a lighter, slimmer hinge, the Z Flip 5 makes it easier for users to fold flat compared to its predecessor Galaxy Z Flip 4.
  • Samsung likely to narrow chip losses in Q3 due to production cuts

    In efforts to address a prolonged supply glut, Samsung, the global leader in memory chip production, followed suit with peers SK hynix Inc. and Micron Technology Inc. by significantly reducing chip production earlier this year.
  • Samsung to get about Rs 500 cr PLI incentive: Official

    The claim was filed by the South Korean electronics manufacturer under the Production Linked Incentive scheme for large-scale electronics manufacturing announced in 2020.
  • Compliance panel keeps Samsung in check: Committee chair

    In 2020, Samsung launched the committee to monitor corporate compliance with laws and ethics, after a court ordered Samsung's Lee in October 2019 to come up with measures to prevent ethical lapses at the company.
  • Samsung’s second-quarter profit plunges by 95% due to chip oversupply and diminished demand

    Samsung's Device Solutions division, which oversees its cash cow chip business, made losses of 4.36 trillion won, marking the division's second consecutive quarter of losses.
  • Galaxy Watch4 users can now chat with Google assistant

    New Delhi:  South Korean tech giant Samsung Electronics on Tuesday announced that Galaxy Watch4 users can now enjoy Google Assistant in select countries. The company said it has jointly built a unified Wear OS platform with Google that creates a seamless connection across Android devices. The platform comes with Google Play, which gives users access […]
  • Samsung’s profit jumps 50% over robust server chips, mobile sales

    Seoul: Samsung Electronics on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand. The world’s largest memory chip and mobile phone maker said its operating profit rose more than 50 per cent to $11.1 billion (year-over-year) in a regulatory filing, reports Yonhap News Agency. Sales increased […]
  • Samsung unveils new leadership, replaces all 3 CEOs

    Seoul: Samsung Electronics on Tuesday replaced all three CEOs in a surprise move that, the company said, was intended to enhance competitiveness and promote future growth. Han Jong-hee was promoted to vice chairman and CEO and will be in charge of the newly created SET division, which merged the consumer electronics and IT and mobile […]
  • Samsung to unveil ‘Galaxy S22 Ultra’ on Feb 8: Report

    Seoul: South Korean tech giant Samsung is reportedly planning to launch its next flagship smartphone Galaxy S22 Ultra on February 8, 2022. According to popular tipster Ice Universe, Samsung won’t officially announce the Galaxy S22 Ultra until February 8. The other models in the Galaxy S22 series will be announced on the same day, reports […]
  • Samsung heir set free on parole after 7 months in prison

    The vice chairman of Samsung Electronics offered a public apology, leaving the Seoul Detention Centre in Uiwang, 25 kms south of Seoul, where his supporters, as well as protestors, had been waiting for the tycoon to come out.
  • Samsung’s presence in Middle East, Africa phone market falls in Q2

    The South Korean tech giant was the leading smartphone vendor with a 16 percent share in the April-June period, but its market share was down from 20 percent a year earlier
  • Samsung likely to grab 88% share of foldable smartphones this year

    The global foldable market is estimated to triple from a year earlier to reach around 9 million units in 2021, and Samsung, the world's largest smartphone vendor, is projected to represent 88 percent of them
  • Samsung maintains 2nd spot in tablet market in Q2: Report

    The South Korean giant logged a market share of 18 percent in the April-June period, after shipping 8.2 million Galaxy Tab tablets, up 19 percent from a year ago, according to market researcher Strategy Analytics.
  • Samsung launches upgraded modular ‘The Wall’ display

    Samsung, the world's largest TV vendor, said the new modular display comes with enhanced micro artificial intelligence (AI) processor for better upscaling function.
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