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Vietnam smartphone exports drop as Samsung slows down
Vietnam’s smartphone production and exports fell in November in the run up to Christmas, a new sign that Samsung is adapting to dwindling global demand. Read more…
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Samsung expected to report 25% profit drop in Q3
Samsung Electronics’ Q3 profit could tumble 25%, the first y-o-y decline in nearly three years, as an economic downturn saps demand for devices and chips. Read more…
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Softbank really wants Samsung and Arm to join forces
SoftBank Group’s Masayoshi Son plans to meet with Samsung Electronics to discuss a potential “strategic alliance” with Softbank’s chip designer Arm. Read more…
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Samsung reveals new foldable smartphones to keep market edge
Samsung unveils its latest foldable smartphones, keeping prices at the same level as last year in a bid to cement its leadership in an expanding niche market. Read more…
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Falling demand, Samsung scales back production in Vietnam
Samsung has scaled back production at its massive smartphone plant in Vietnam as retailers and warehouses grapple with rising inventory and falling demand. Read more…
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Chip demand to weaken as people shop less – Samsung
Samsung Electronics cautioned chip demand from smartphone and PC makers would weaken further as people shop less amid recession worries. Read more…
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Nokia, Ericsson and Samsung secure 5G deals in India
Nokia, Ericsson and Samsung have managed to secure 5G equipment deals from India’s top two telecom operators, Reliance Jio and Bharti Airtel. Read more…
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Ditched by Reliance Jio, Samsung eyes 5G deal from Airtel
Samsung has reportedly begun discussions with Bharti Airtel to secure a slice of its 5G investments amid uncertainty over business with Jio. Read more…
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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…
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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…
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Samsung pips Xiaomi to become India’s top smartphone brand
Korea’s Samsung has managed to reclaim its lost crown in India’s smartphone market on the back of an aggressive e-commerce strategy. Read more…
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Samsung profits surge more than a third, joining other tech gains
Samsung’s September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order of memory chips. Read more…