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What is Samsung?

Samsung

About Samsung

What is Samsung?

Samsung is a South Korean company originally founded as a grocery trading store by Lee Byung-Chull in March 1938. The company forayed in the electronics industry in 1969 and its first electronic product was a black-and-white television. Soon, the company also started exporting its products and became a major electronic manufacturer in its home country. In 1970, the company acquired a 50 per cent stake in Korea Semiconductor.
 
Witnessing a rapid expansion in the early 1980s, the company established separate branches for its various electronics businesses. It is at this time that the company also made investments in two research &
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Latest Updates on Samsung

Samsung posts 19-fold jump in profit, but AI demand concerns hit shares

Samsung shares nevertheless dropped as ​much as 7.9% in morning trade, while rival SK Hynix's shares ​fell as much as 7.3%, dragging the benchmark KOSPI down 6%

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Updated On : 07 Jul 2026 | 9:37 PM IST

Samsung, SK Hynix back South Korea's $576 billion AI-chip investment plan

Samsung and SK Hynix will invest $517.87 billion with suppliers to build two new chip fabrication sites

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Updated On : 29 Jun 2026 | 10:49 PM IST

Hynix, Samsung: Why is Chris Wood betting big on these South Korean companies?

While hyperscaler cloud providers face margin pressures, Wood views memory producers as the most leveraged way to play the relentless AI investment cycle.

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Updated On : 29 Jun 2026 | 11:22 AM IST

Samsung to unveil $648 bn investment plan as AI boom reshapes South Korea

The investment, which would include AI data centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at the presidential office

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Updated On : 26 Jun 2026 | 11:12 AM IST

South Korean stocks tumble 10% from record, triggering trading halt

The Kospi closed down 10%, with losses extending after a 20-minute trading suspension by the Korea Exchange

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Updated On : 23 Jun 2026 | 12:24 PM IST

SK Hynix overtakes Samsung to become South Korea's most valuable company

Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won

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Updated On : 22 Jun 2026 | 11:52 AM IST

Samsung debuts Micro RGB TVs in India, launches 72 models across lineup

Samsung's new 2026 AI TV lineup introduces Micro RGB technology in India alongside updated OLED, Neo QLED, The Frame, Mini LED, and UHD televisions across multiple screen sizes

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Updated On : 27 May 2026 | 11:25 AM IST

Memory chip frenzy sends SK Hynix, Micron into $1 trn club for first time

SK Hynix rose as much as 11 per cent in South Korea on Wednesday, taking its 12-month gain to more than 1,000 per cent and becoming the third Asian company to join the $1 trillion club

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Updated On : 27 May 2026 | 7:30 AM IST

Microsoft to end Samsung Gallery app's direct sync with OneDrive in Sept

Samsung smartphone users will soon lose Samsung Gallery's built-in OneDrive syncing feature, as Microsoft is set to move future cloud backups entirely to the standalone OneDrive app

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Updated On : 26 May 2026 | 2:50 PM IST

Samsung users report dark mode glitch in Google apps post One UI 8.5 update

Several Galaxy smartphone users are reportedly facing broken dark mode colours and inconsistent grey tones inside Google apps after installing Samsung's stable One UI 8.5 update

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Updated On : 26 May 2026 | 11:01 AM IST

Samsung likely to debut Galaxy S27 Pro alongside Ultra: What to expect

Samsung is reportedly planning to expand its Galaxy S lineup with a new Pro variant that could offer Ultra-like specifications without stylus support

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Updated On : 21 May 2026 | 12:22 PM IST

Samsung faces major strike after wage talks with union fall apart

After the latest round of talks ended without a breakthrough on Wednesday, union leader Choi Seung-ho told reporters that unionized workers will begin an 18-day strike from Thursday

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Updated On : 20 May 2026 | 11:02 AM IST

Samsung and labor union to meet in 'last chance' to avert strike

Kim estimated the labor action would cost up to 1 trillion won ($668 million) for every day the Samsung chip factory is shut

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Updated On : 17 May 2026 | 8:08 PM IST

Samsung executives meet union leaders as strike threat rattles investors

The union has threatened an 18-day walkout beginning May 21 if its demands are not met

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Updated On : 15 May 2026 | 11:09 PM IST

With Find N6, OPPO irons out the crease that continues to define foldables

The OPPO Find N6 demonstrates that one of foldables' biggest hardware compromises, the display crease, may no longer be inevitable

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Updated On : 12 May 2026 | 11:57 AM IST

Samsung begins selling refurbished smartphones in India: How it works

Samsung has launched its Certified Re-Newed programme in India, bringing refurbished Galaxy smartphones with warranty coverage and official quality checks at lower prices

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Updated On : 12 May 2026 | 11:27 AM IST

Samsung says Galaxy Watch can predict fainting episodes before they happen

Samsung said a clinical study found the Galaxy Watch6 could detect warning signs of fainting several minutes in advance using AI and heart rate variability data

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Updated On : 07 May 2026 | 4:47 PM IST

Samsung One UI 8.5 bringing new AI features to older Galaxy models: Details

Samsung has started rolling out One UI 8.5 to select Galaxy devices, adding AI-powered tools, smarter sharing features, improved Bixby, and enhanced security protections

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Updated On : 07 May 2026 | 3:10 PM IST

Samsung hits $1 trillion market valuation, joins TSMC in elite club

The milestone came as the South Korean company's shares rallied as much as 12 per cent early on Wednesday, making it only the second Asian firm after Taiwan Semiconductor Manufacturing Co. to hit mark

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Updated On : 06 May 2026 | 7:00 PM IST

Samsung expands startup push with 2026 Mobile Advance tech programme

Samsung's India R&D units launch the 2026 Mobile Advance programme to support deep-tech startups, offering funding and integration into its global mobile device ecosystem

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Updated On : 05 May 2026 | 3:56 PM IST