Samsung Electronics

Samsung rules out India IPO, bets on AI, consumer finance for growth

Samsung Electronics has ruled out listing of its India business for now, saying it will instead focus on accelerating artificial intelligence adoption across its products and expanding its consumer finance arm to drive sales in one of the most important growth markets. In an interview with PTI, JB Park, President and CEO of Samsung Southwest Asia, said the South Korean giant is looking to deepen its manufacturing footprint in India and has applied under the production-linked incentive (PLI) scheme for components to manufacture mobile phone displays in India. Samsung runs its largest smartphone manufacturing facility in the world in Noida, which has evolved into a key export hub in recent years. When asked about any possibility of IPO, Park said: "No, we do not have any such plans as of now". While other South Korean peers like Hyundai Motor India and LG Electronics have tapped public markets to raise capital and strengthen their local footprint, Samsung places a preference on inter

Tech Wrap Dec 24: Samsung Odyssey monitors, WhatsApp, YouTube Playables

Samsung Odyssey gaming monitors unveiled ahead of CES. WhatsApp's member tags rolled out. YouTube tests Playables Builder. Google Photos face shortcuts. Samsung Galaxy S26 series. iPhone 18 Pro

CES 2026: Samsung unveils 6K 3D Odyssey gaming monitor, new G6, G8 models

Samsung has announced its 2026 Odyssey monitor lineup, featuring a 6K glasses-free 3D display and a separate model capable of reaching a 1,040Hz refresh rate

Samsung opens SmartThings to 3rd party cameras by enabling Matter support

Samsung SmartThings now supports Matter 1.5, adding camera compatibility to its smart home platform with Matter-based cameras from third-party brands expected to launch from March 2026

South Korean conglomerates pledge $550 billion domestic investment

Hyundai Motor Group pledged 125.2 trillion won over the same period

Nvidia partners with South Korean govt, companies to boost AI development

Silicon Valley chipmaker Nvidia plans to supply hundreds of thousands of its graphics processing units for projects with South Korean businesses and the government to advance the country's artificial intelligence infrastructure and technologies. The government, Nvidia and leading South Korean chip maker Samsung Electronics announced the plan after South Korean President Lee Jae Myung met Friday with Nvidia's chief executive Jensen Huang. Huang has gotten rockstar treatment reminiscent of Apple's Steve Jobs since arriving in South Korea on Thursday to attend meetings of the Asia-Pacific Economic Cooperation forum in Gyeongju. As the APEC host, South Korea is using the gathering of world leaders to showcase its ambitions in AI. Lee's office said Nvidia will supply around 260,000 GPUs to support South Korea's AI computing capabilities. The company will also work with Samsung and other South Korean technology firms, including SK Hynix and Hyundai, to improve manufacturing processes usi

Samsung Galaxy AI adds Gujarati as support expands to 22 languages: Details

Samsung introduces Gujarati, the second Indian language after Hindi in Galaxy AI, alongside Filipino, expanding support to 22 languages with Live Translate, Chat Assist and more

Samsung reports 32% rise in operating profit as AI boosts chip demand

Samsung Electronics on Thursday reported a 32.5 per cent increase in operating profit for the third quarter, driven by rebounding demand for its computer memory chips, which the company expects will continue to grow on the back of artificial intelligence. The South Korean technology giant set a new high in quarterly revenue, which rose nearly 9 per cent to 86 trillion won (USD 60.4 billion) for the July-September period, fuelled by increased sales of semiconductor products and mobile phones. Samsung, which has dual strength in both components and finished products, said it expects the demand driven by AI to further expand market opportunities in coming months. SK Hynix, another major South Korean chipmaker, also reported a record operating profit of 11.4 trillion won (USD 8 billion) on Wednesday, which it also described as AI-related growth. Samsung's operating profit of 12.2 trillion won (USD 8.6 billion) in the last quarter marked a 160 per cent increase from the previous quarter,

Samsung Galaxy Watch 8 can now measure antioxidant levels: How it works

Samsung's Galaxy Watch 8 can now measure antioxidant levels in seconds through a five-second thumb scan, offering an easy way to track diet quality and overall health

Samsung now taking bigger role in making Tesla chips, says Elon Musk

In July, Musk said Samsung made Tesla's AI4 chip and would produce the next-gen AI6, while TSMC handles the current in-development version

Samsung launches Perplexity AI-powered app for smart TVs: Check features

Samsung debuts the first Perplexity AI-powered TV app, bringing real-time answers, smart search, and AI assistance to its latest Vision AI Companion TVs

Samsung Galaxy XR headset launches on October 21: Watch livestream here

Samsung's "Worlds Wide Open" event on October 21 will mark the debut of its Galaxy XR headset, based on Project Moohan. You can watch the event livestream here

Samsung Fab Grab fest begins: Discounts, offer details, availability, more

Samsung has announced 'Fab Grab Fest' ahead of the festive season in India with discounts of up to 53 per cent on smartphones, and up to 59 per cent on laptops. Here are the details

Samsung Galaxy Tab S10 Lite now available starting at ₹30,999: Check offers

Samsung Galaxy Tab S10 Lite launched in India with an Exynos 1380 chip, 10.9-inch display, S Pen support, and launch offers including bank discounts and no-interest EMI

Samsung Galaxy event at 3pm: Where to watch S25 FE, Tab S11, Buds FE launch

At today's Galaxy Event, Samsung is expected to launch the Galaxy S25 FE smartphone, Galaxy Tab S11 series, and announce pricing details of the Galaxy Tab S10 Lite

After A17 5G, Samsung to launch Galaxy F17 5G in India: What to expect

Samsung Galaxy F17 5G is tipped to arrive as a rebranded Galaxy A17 5G with Exynos 1330 chip, triple-camera setup, and Android 15-based One UI 7

Samsung Galaxy A07 MediaTek Helio G99, 5000mAh battery unveiled: Specs

Samsung Galaxy A07 features a 6.7-inch HD+ display, 50MP main camera sensor, IP54 dust and water resistance, and 25W wired charging

Samsung Galaxy Tab Active5 launched in India at Rs 49,999: Check specs

Samsung Galaxy Tab Active5 is a rugged Android tablet with an 8.0-inch display, 5G connectivity, Knox security, and enterprise-ready tools for quick on-field deployment

Samsung to expand manufacturing portfolio in India, says Ashwini Vaishnaw

South Korean electronics major Samsung is expanding its manufacturing portfolio in India, union minister Ashwini Vaishnaw said on Saturday. Globally, Samsung has its second largest mobile phone manufacturing unit in India and it is the second largest exporter of the handsets from the country after Apple. "Samsung continues to expand manufacturing of its advanced technology devices in Bharat, driven by talent and innovation. Its research unit in Bharat has more than 7,000 engineers," Vaishnaw said in a social media post. The minister on X posted a photo of his meeting with Samsung Southwest Asia, President and CEO, JB Park and Samsung Southwest Asia, Corporate Vice President, SP Chun. Earlier this year, Samsung Electronics President and Head of Mobile eXperience (MX) Business TM Roh had said the company is preparing for manufacturing laptops in India. The company continues to make all smartphones that it sells in India including latest flagship smartphones Galaxy Z Fold7, priced in

Samsung's Bixby brings AI-powered search to 2025 Smart TVs: What's new

With generative AI, Samsung's upgraded voice assistant Bixby enables conversational, context-aware interactions and transforms smart TVs into smart home hubs