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NEWS TAGGED SAMSUNG
Tuesday 7 May 2024
Samsung outsources partial sensor production to UMC to compete with Sony
To catch up with the global image sensor market leader Sony, Samsung Electronics will strengthen cooperation with Taiwan-based pure-play foundry United Microelectronic Corp. (UMC)...
Monday 6 May 2024
Samsung SDI-Stellantis US joint battery plant reportedly to begin production in November
Samsung SDI and Stellantis have been building a joint battery plant in the US to produce the South Korean company's sixth-generation prismatic battery, P6.
Monday 6 May 2024
Samsung SDI expanding investment among weak 1Q24 results
Leading South Korea-based battery manufacturers LG Energy Solution, Samsung SDI, and SK On reported unsatisfactory financial performance in the first quarter of 2024 due to slow EV...
Friday 3 May 2024
Samsung's MX division scores stellar 1Q24 results fueled by AI-powered Galaxy S24 success
Bolstered by strong sales of its first AI smartphone, the Galaxy S24 series, which debuted earlier this year, Samsung Electronics Mobile eXperience (MX) division achieved remarkable...
Friday 3 May 2024
SDC saw operating profits drop in 1Q24 due to weak iPhone sales and intensifying competition
With sluggish iPhone sales and intense competition from Chinese panel manufacturers, Samsung Display (SDC)'s operating profit in the first quarter of 2024 saw a 56% year-on-year decrease...
Thursday 2 May 2024
Samsung's 1Q24 revenue saw major boost, though semiconductor profits fell behind SK Hynix
In the first quarter of 2024, Samsung Electronics successfully turned a profit in its semiconductor business due to increased demand for AI-related memory. Coupled with the sales...
Tuesday 30 April 2024
Samsung sees memory biz return to profit, upbeat about foundry sales
Samsung Electronics has reported operating profits of KRW6.61 trillion (US$4.78 billion) on consolidated revenue of KRW71.92 trillion for the first quarter of 2024. Revenue was primarily...
Tuesday 30 April 2024
Samsung beefing up power semiconductor capabilities for AI super cycle
Samsung Electronics has been ramping up its power semiconductor development team and is considering expanding its production capacity. This move aims to meet the anticipated surge...
Tuesday 30 April 2024
Samsung teams up with Intel to launch first AI AIO PC to expand ecosystem
Samsung Electronics, in collaboration with Intel, recently launched a new generation of desktop PCs called the "All-in-One Pro" in South Korea. By using AI, it aims to compete with...
Monday 29 April 2024
Rise of extra-large TVs reshaping global TV market
Despite sluggish growth, the global TV industry is witnessing a surge...
Monday 29 April 2024
US probe into China's RISC-V role casts shadow on Samsung's AI chip ambitions and foundry biz expansion
Samsung Electronics has been actively promoting the open-source instruction set architecture, RISC-V, as a crucial technology for developing next-generation AI chips. However, the...
Monday 29 April 2024
Foldable phones and AI: the driving forces behind 2024's smartphone demand
In the second quarter outlook for 2024, MediaTek has projected a return to normalcy in shipments after inventory restocking by clients in preceding quarters. Anticipating a decline...
Thursday 25 April 2024
Samsung faces Pakistan smartphone shortage after winning debut
Samsung Electronics Co. is facing a shortage of its S24 smartphones in Pakistan after seeing unprecedented demand for its flagship phone.
Thursday 25 April 2024
ASML's green challenge: Samsung and SK Hynix in the hot seat
Dutch equipment giant ASML recently announced its commitment to achieving "net-zero" emissions, including those from its customers, by 2040. This move is reshaping standards in the...
Wednesday 24 April 2024
Microsoft gathers the quartet of South Korean tech titans for high-stakes AI summit
Microsoft touted as the world's largest AI service provider, has reportedly invited several leading figures in the South Korean tech industry to attend a high-level meeting.