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Samsung flags big profit jump driven by rising chip prices and new phones
Samsung flagged a 28% jump in profits, driven by rising memory chip prices and display sales for new flagship smartphone launches. Read more…
Samsung
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Taylor, Texas, lures Samsung chip plant plans with big tax breaks
The city of Taylor, Texas plans to offer extensive property tax breaks if it is chosen by the South Korean tech giant Samsung for chip plant. Read more…
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Samsung investing big in biopharmaceuticals, AI, chips, robotics
Samsung will invest $206bn to expand its footprint in biopharmaceuticals, AI, semiconductors and robotics in the post-pandemic era. Read more…
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Jay Y Lee controversially released on parole, heads to Samsung HQ
Jay Y. Lee, Vice Chairman of Samsung Electronics, convicted of bribery and embezzlement, walked out of prison on parole on Friday. Read more…
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Samsung sees strong chip demand and mobile recovery, profits jump
Samsung, the world’s top maker of memory chips and smartphones, posted a 54% jump in operating profit supported by high chip prices. Read more…
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No business case: Samsung decides to skip India’s PLI scheme
Samsung tells Indian officials that it will not apply for India’s production-linked incentive (PLI) scheme, no strong business case. Read more…
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Samsung snatches back crown as world’s biggest smartphone producer
Samsung has snatched back the crown from Apple as the world’s biggest smartphone producer, accounting for a fifth of overall global sales. Read more…
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Samsung may shift part of 4G and 5G equipment manufacturing to India
Samsung is reportedly planning to make 4G and 5G telecom equipment in India for telco partner, Reliance Jio, and other customers globally. Read more…
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Samsung may discontinue Galaxy Note reflecting sharp drop in demand
Samsung may discontinue its premium Galaxy Note phone next year, a move that would reflect the sharp drop in demand for high-end smartphones. Read more…
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Samsung may launch Galaxy S early to fend off Huawei and Apple
Samsung may launch its Galaxy S smartphones earlier than expected in to grab market share from Huawei and fend off competition from Apple. Read more…
