Samsung
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Samsung will produce Tesla’s AI6 chip at US plant: Elon Musk
Seoul: Elon Musk, CEO of Tesla, has said Samsung Electronics will manufacture the US electric vehicle maker’s next-generation AI6 chip at its semiconductor plant in the state of Texas. Musk made the…
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Samsung Display’s new foldable OLED panel passes 500000-fold durability test
Seoul: Samsung Display said on Tuesday its latest foldable organic light-emitting diode (OLED) panel has successfully passed a 500,000-fold durability test, demonstrating the company’s advances in flexible display technology. The panel, used…
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Samsung launches Galaxy Z Fold7, Flip7 series with top-notch AI features
New Delhi: Samsung Electronics on Wednesday launched Galaxy Z Fold7 series and Galaxy Z Flip7 series smartphones with some top-of-the-line features at both the software and hardware level. The thinnest and lightest…
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Samsung executives meet to strategise amid global market uncertainties
Seoul: Samsung Electronics has begun executive-level meetings to discuss business strategies for the second half of the year amid growing uncertainties in global markets, industry sources said on Tuesday. The biannual meetings,…
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Samsung to adopt AI coding assistant to boost developer productivity
Seoul: Samsung Electronics said on Sunday it will adopt an artificial intelligence (AI) coding assistant service called Cline next month to enhance productivity among its software development employees. In a recent internal…
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Smartphones overtake oil, diamonds to become India’s top export in FY25
New Delhi: Smartphones have officially become India’s top exported good in FY25, overtaking traditional heavyweights like petroleum products and cut diamonds, as per latest government figures. Backed by government support and strong…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
