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Korean electronics major Samsung has increased the price of its flagship Galaxy S26 series by up to 17 per cent, industry sources tracking the mobile phone segment said.
Indian officials alleged the companies wrongly claimed a concessional 5% tariff on imported OLED glass screens called open cells, arguing the rate has for years been reserved for the older LCD, LEDs
Samsung India Electronics profit declined 36 per cent to Rs 7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major.
Samsung India Electronics reported revenue from operations of ₹1,11,183.40 crore on a consolidated basis for FY25, and its profit stood at ₹11,287.50 crore
The number of newly connected Samsung appliances in India grew from 82,000 in 2022 to 7,32,000 last year, said Samsung Electronics Vice President
The reason for his resignation was not clear
More than 100 South Korean companies, including Hyundai Motor Co. and LG Chem Ltd., have issued preferred shares, raising capital without diluting founding families' voting power
The lawsuit, filed on Monday, alleges Samsung falsely marketed its M Model televisions as featuring the technology, which is designed to improve picture quality
Samsung Electronics also said on Friday it has bought back shares worth 15 trillion won for employee stock bonuses.
Several leading Chinese brands recorded double-digit shipment declines during the quarter as demand shifted towards companies with greater scale and more stable supply chains, noted IDC
Samsung's goal is to make AI work seamlessly in the background, enabling users to complete tasks effortlessly without having to think about the underlying technology, said an official
Samsung Southwest Asia CEO JB Park said the firm will absorb rising material costs as much as possible and offer interest-free EMIs and festive discounts to keep smartphones affordable in India
The Samsung Galaxy Z Fold8's wider displays make everyday tasks more natural, while strong performance and battery life offset compromises in multimedia viewing and camera versatility
The company's net profit for the quarter ended June 30 climbed to 71.27 trillion won ($49.2 billion).
The world's largest memory chipmaker expects supply constraints to worsen through 2027 as demand from data centres drives record semiconductor profits
Operating profit jumps more than 19-fold to a record 89.5 trillion won ($62 billion), driven by strong demand for AI memory chips, even as investor concerns weigh on shares
Samsung first introduced foldable phones in 2019, and since then it has launched a new version of foldables every year
After Samsung agreed to hefty employee bonuses, labour unions at Hyundai, Kakao, Naver and other major South Korean companies are stepping up demands for higher profit-linked payouts
Samsung's three-model foldable portfolio and wider 4:3 Fold8 strengthen its hold on India's growing market, though analysts differ on whether the move is innovative or defensive
Samsung Health Assistant pulls in data from the user's Galaxy smartphone, smartwatch or smart ring. Samsung also announced a series of other features coming to its health platform