Samsung Electronics

Samsung forecasts record Q3 profit of 107.4 trillion won as AI-driven memory chip demand fuels earnings, while tight supply and rising chip costs pressure its smartphone business.

Samsung launched two models in the series with Galaxy Tab S12 Plus starts at Rs 1,29,999, while the Galaxy Tab S12 Ultra starts at Rs 149,999 in India. Both models offered in Gray and Silver

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. However, its revenue from operations rose slightly by 1.2 per cent to Rs 1.12 lakh crore in FY26, according to financial data accessed through the business intelligence platform Tofler. Samsung India Electronics reported revenue from operations of Rs 1,11,183.40 crore on a consolidated basis for FY25, and its profit stood at Rs 11,287.50 crore. Its total consolidated income, which includes other income, was Rs 1,14,738.60 crore (1.14 lakh crore) in FY26. An email sent to Samsung India Electronics seeking comments regarding the filing remained unanswered at the time of the story filing. Samsung India Electronics gets its major contribution in the topline from the mobile phone business. Part of the South Korean chaebol Samsung Electronics operates in segments such as mobile phones, tablets, televisions,

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

Key to sapping demand has been a series of regulatory tightening moves, most recently a rule to complete five-day simulated trading

Samsung Electronics is closely tracking how consumers are adopting and using artificial intelligence (AI) in their everyday lives, with the company relying on feedback from local markets to shape future AI experiences, a top Samsung official said. Samsung Electronics Corporate EVP, Head of Customer Experience Office, MX Division, Jay Kim said 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. "We are now focusing on how consumers are adopting AI, reacting to it, and using it. We are getting a lot of feedback from local markets, and we will gradually apply the learnings. I would say that we are in an early stage in terms of understanding how AI actually helps consumers' lives every day," Kim said. South Korean electronics company Samsung first launched Galaxy AI on the Galaxy S24 device in 2024 and had focused it on three principles -- meaningful features, ease of acces

The world's largest memory chipmaker expects supply constraints to worsen through 2027 as demand from data centres drives record semiconductor profits

South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won (USD 62 billion) for the April-June period, a day after crosstown rival SK Hynix also reported record earnings, as the world's two largest memory chipmakers continue to ride the global artificial intelligence boom. Despite their soaring profits, the companies' shares have fallen sharply this week in South Korea's volatile stock market, where retail investors often drive sharp swings in share prices, as concerns grow over their plans to spend massively on increasing manufacturing capacity and the prospects of intensifying competition from China. Samsung's second-quarter operating profit was a more than 19-fold increase from a year earlier, and nearly all of it came from its semiconductor business, which benefited from rising chip prices driven by demand for AI servers and increased shipments of advanced high-bandwidth memory chips used to power AI applications. That ..

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 has cut jobs in its US consumer electronics business as it relocates its headquarters to Texas while prioritising growth in AI-driven chip operations

Fund managers worldwide are increasingly tracking South Korean equities as swings in Samsung Electronics and SK Hynix shape sentiment across global AI and semiconductor stocks

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%

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

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

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

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

Samsung Electronics reaches tentative wage deal with union, easing fears of major semiconductor supply disruptions

Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country's trade-dependent economy. Government officials have threatened to invoke rarely used emergency powers to force a settlement at Samsung, where the union, which represents about 74,000 workers, says the company has failed to offer adequate compensation despite its soaring profits fuelled by the global boom in artificial intelligence. 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. Both the union and the management held each other responsible for a failure to reach a deal. Choi accused management of refusing to accept a government-mediated proposal whose details he refused to disclose. Management accused the union

Samsung India is expanding its enterprise strategy through integrated ecosystems, AI-led solutions and experiential retail centres targeting businesses across sectors

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