Samsung
- Technology
Female members of major biz groups get USD 351.5 mn in dividends in 2024: Data
Seoul: Female members of the owner families of South Korea’s 20 largest business groups received more than 500 billion won ($351.5 million) in dividends last year, industry data showed on Tuesday. A…
- Technology
Samsung reports 0.15 pc decrease in Q1 operating profit, logs strong phone sales
Seoul: Samsung Electronics on Tuesday estimated its first-quarter operating profit edged down 0.15 percent from a year earlier but exceeded market expectations on strong sales of its new flagship smartphones. The world’s…
- Technology
Samsung seeks ways to cushion blow from US tariffs
Seoul: Tech giant Samsung Electronics may need to overhaul its global production strategy as new US reciprocal tariffs could significantly affect its smartphone business, industry sources said on Sunday. Last week, US…
- Technology
Samsung, Hyundai team up to use private 5G network in car manufacturing
Seoul: Samsung Electronics said on Wednesday it has joined hands with Hyundai Motor to integrate its fifth-generation (5G) private network solutions with the carmaker’s advanced vehicle manufacturing facilities. The two companies recently…
- Technology
Samsung decides to cancel over USD 2 billion worth of treasury stocks
Seoul: Samsung Electronics said on Tuesday it has decided to cancel 3 trillion won ($2.01 billion) worth of treasury stocks as part of its buyback plan to enhance shareholder value. Around 50.1…
- Technology
Softbank’s Son had ‘good discussion’ with chiefs of Samsung, OpenAI
Seoul: SoftBank Group head Masayoshi Son said on Tuesday he had a “very good discussion” with Samsung Electronics Co. Chairman Lee Jae-yong and OpenAI chief Sam Altman, as the three gathered to…
- Technology
New Galaxy S25 breaks pre-order record in South Korea
Seoul: Samsung Electronics said on Tuesday its new Galaxy S25 smartphones have sold 1.3 million units in pre-orders in South Korea, marking the largest presale record for its flagship S series models.…
- Technology
Samsung’s Q4 net profit rises over 20 pc despite waning chip demand
Seoul: Samsung Electronics said on Friday its fourth-quarter net income rose more than 20 per cent from a year earlier despite the waning global demand for memory chips, beating market expectations. Its…
- Technology
Samsung misses Q4 profit forecast
Seoul: Samsung Electronics on Wednesday estimated its fourth-quarter operating profit more than doubled from a year earlier but missed market expectations due to lacklustre performance in its high-end memory chips for artificial…
- Technology
Samsung to launch new Galaxy smartphones with advanced AI
Seoul: Samsung Electronics will hold this year’s Galaxy Unpacked event in the United States this month, company officials said on Tuesday, where the company is expected to unveil its new Galaxy S…
- Technology
CES 2025: Samsung highlights AI-connected home appliances, 8K QLED TV
Las Vegas: Samsung Electronics will propose Home AI, a hyper-personalised solution combining cutting-edge artificial intelligence and enhanced connectivity, at CES 2025 in the US. The South Korean tech giant will run a…
- Technology
CES 2025: Samsung Display to unveil foldable, OLED screens for IT devices, cars
Seoul: Samsung Display, a screen-making subsidiary of Samsung Electronics, said on Sunday it will unveil a versatile lineup of foldable and organic light-emitting diode (OLED) displays at the upcoming CES 2025, aiming…
- Technology
Samsung to become largest shareholder in South Korean robotics startup
Seoul: Samsung Electronics said on Tuesday it will become the largest shareholder in a South Korean robotics startup, Rainbow Robotics, as part of its push for advancing robotics technologies including humanoid robots.…
- Technology
Indian smartphone market poised for 6 pc growth in 2025
New Delhi: The Indian smartphone market is poised for significant growth in 2025, with a projected 6 per cent increase (year-on-year) driven by improving consumer sentiment and government initiatives aimed at reducing…
- Business
Seoul shares drop 2 pc amid fed’s slower easing signal, Micron’s overnight slump
Seoul: Seoul shares tumbled nearly 2 per cent on Thursday as risk appetite weakened after the U.S. Federal Reserve hinted at a slower monetary easing cycle next year and U.S. tech giant…
