Page 11 - Samsung Electronics

Samsung Electronics flags 53% jump in Q2 profit, topping estimates

Revenue rose an estimated 19% from the same period a year earlier to 63 trillion won, Samsung said in a short preliminary earnings release

Samsung Electronics Q2 profit likely up 38% on strong chip prices

Samsung Electronics likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics

Samsung Elec, affiliates fined $207 million over cafeteria contracts

The Korea Fair Trade Commission (KFTC) watchdog made the announcement on Thursday

Hyundai Motor Group chases local chipmakers to cut exposure to shortage

Hyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Electronics Co Ltd

Samsung Electronics develops 8-nanometer RF chip process technology

Samsung Electronics has developed an 8-nanometer (nm) process technology for radio frequency (RF) chips as the South Korean tech giant eyes to beef up its foundry service for 5G mobile semiconductors

Enterprise SSD prices to rise over 10% in Q3, Samsung Electronics to gain

Prices of enterprise SSDs are likely to increase sharply in the third quarter of the year due to robust demand from server companies, a report showed

Global TV market share of Samsung Electronics, LG Electronics crosses 50%

In the first quarter of this year, Korean companies took up more than half of the global TV market and showed off their presence

Samsung thrives as Seoul mulls pardon of corporate heir Lee Jae-yong

Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal

Samsung Electronics raises non-memory chip investment to $151 bn

Samsung Electronics Co Ltd said on Thursday it would invest 171 trillion won ($151.10 billion) in non-memory chips through 2030, raising its previous investment target of 133 trillion won

IBM unveils world's first 2-nanometer chip technology for faster computing

The technology could be as much as 45% faster than the mainstream 7-nanometer chips in many of today's laptops and phones and up to 75% more power efficient, says IBM

Samsung unveils Galaxy Book Pro laptops with 11th Gen Intel Core processors

Samsung Electronics on Wednesday unveiled two new laptops, Galaxy Book Pro and Galaxy Book Pro 360, under its Galaxy Book Pro series

Samsung family donating mass art trove to pay a massive inheritance tax

Samsung's founding family will donate rare artworks, including Picassos and Dalis, and give hundreds of millions of dollars to medical research to help them pay a massive inheritance tax

Samsung leader Jay Y. Lee attends trial amid calls for pardon: Details here

Pressure is mounting on the government to pardon Lee for a previous conviction of bribery and other offenses, for which he has served half of a 30-month sentence

Samsung Electronics expects $8.3 bn in Q1 earnings on strong mobile biz

Samsung Electronics on Wednesday expected a market forecast-beating earnings for the first quarter of 2021, estimating its operating profit at $8.3 billion for the first three months of the year

Samsung Q1 profit likely surged 45% on bumper smartphone, appliance sales

Samsung is scheduled to announce preliminary first-quarter results on Wednesday

Samsung says chip production returns to near-normal levels at Texas unit

Samsung and other chipmakers with production facilities in the area had seen shutdowns due to severe weather on Feb 16

Samsung reclaims top spot in global smartphone sales in February: Report

Samsung Electronics reclaimed the top spot in global smartphone sales in February, a report showed on Monday, after it narrowly beat Apple on the back of the early release of the Galaxy S21 series.

Samsung Electronics warns of severe chip crunch while delaying key phone

Samsung, one of the world's largest makers of chips and consumer electronics, expects the crunch to pose a problem to its business next quarter

Chip supply slight problem in 2nd quarter: Samsung Electronics mobile head

Samsung Electronics mobile chief Koh Dong-jin said the current supply-demand imbalance of IT sector chips and related components was "very serious" and the second quarter "poses a slight problem"

HUL, Samsung Electronics make top offers in IIM-A's Cluster 2 placements

Following HUL, Samsung and CK Birla was Lenovo which made five offers in cluster 2 of placements for the PGP class of 2021