Page 5 - Samsung Electronics

Samsung bundles Serif TV, Soundbar for free with ultra-premium TVs in sale

The bundle offers are available on select models in Samsung range of Neo QLED, OLED, and Crystal 4K UHD TVs offered in display sizes from 75-inch and above

Smart TV shipments down 14% in Jan-March, Chinese brands decline 30%

Shipments of smart TVs in India declined 14 per cent in the March quarter on account of muted consumer demand and excess inventory and is likely to witness a decline of 10 per cent this calendar year, according to a Counterpoint Research report on Thursday. Moreover, Samsung reclaimed the top slot after overtaking Xiaomi as shipments of smart TVs from Chinese brands declined 30 per cent during the quarter. The 30 per cent decline in the shipment of Chinese brands was "due to brands such as OnePlus, Haier, and Realme", according to the report. In the first quarter, Samsung gained 40 per cent in the number of shipments, having 16 per cent in the overall Indian smart TV shipment. It is followed by LG, another South Korean maker, which reported a 43 per cent growth with a 15 per cent share in overall smart TV shipment in India, the report said. Chinese brands MI and TCL reported 2 and 4 per cent decline in the shipments, respectively, with a share of 12 per cent and 7 per cent, it ...

Committed to overcoming challenges in AI era: Samsung's chip division boss

The South Korean tech giant has fallen behind rivals SK Hynix and Micron Technology in high bandwidth memory (HBM) chips which are in high demand for use in AI processors

Samsung Electronics' union in S Korea calls first ever walkout next week

The union, which has about 28,000 members, or more than a fifth of the company's total workforce, said it will stop work for one day on June 7

Samsung's HBM chips failing Nvidia tests due to heat, power problems

The reasons for Samsung failing Nvidia's tests are being reported for the first time

S Korea sets aside $19 bn to fuel chipmaking, boom to Samsung, SK Hynix

The 26 trillion won programme includes 17 trillion won of financial support for certain investments as well as tax incentives, the presidential office said in a statement

Samsung replaces chip chief with veteran exec Jun as SK Hynix takes AI lead

The move is likely aimed at catching up in the market for top-end chips used in artificial intelligence (AI) such as high bandwidth memory (HBM) chips where Samsung has fallen behind rivals

Fab Grab Fest: Samsung announces offers on smartphones, tabs, laptops, more

The Fab Grab Fest sale kicks off on May 2 on Samsung online platforms and retail stores with offers on select Galaxy smartphones, tablets, smart televisions, laptops, and more

Samsung Electronics' profit surges after AI boom reverses its chip losses

The results underscore how demand for the memory chips that power modern electronics and artificial intelligence is starting to rebound after a severe downturn

Samsung to unveil 2024 Foldables, Ring at Unpacked event on July 10: Report

Samsung is reportedly planning to host its next Unpacked event on July 10 where it will likely unveil the Galaxy Z Fold and Flip series devices and debut the Galaxy Ring

US govt to award Samsung up to $6.6 bn chip subsidy for Texas expansion

The announcement will cap off a string of major Chips and Science grants in quick succession as the US seeks to expand domestic chip production

Samsung estimates 10-fold rise in its Q1 profit as chip prices recover

In its mobile business, Samsung likely reported a solid profit after launching sales of its new flagship Galaxy S24 smartphones in late January, analysts said

Samsung to use chip-making tech favoured by SK Hynix as race heats up

Samsung, however, has recently issued purchase orders for chipmaking equipment designed to handle MUF technique, three sources with direct knowledge of the matter said

Samsung announces Galaxy Book4 series pricing, opens pre-book in India

open for all three models in the series - Galaxy Book4 Pro 360, Galaxy Book4 Pro and Galaxy Book 4 360

South Korean court acquits Samsung chief Lee Jae-yong of financial crimes

A South Korean court acquitted Samsung Electronics Chairman Lee Jae-yong who was accused of stock price manipulation and accounting fraud in relation to a contentious merger between two Samsung affiliates in 2015 that tightened his grip over South Korea's biggest company. The ruling by the Seoul Central District Court on Monday could ease the legal troubles surrounding the Samsung heir less than two years after he was pardoned of a separate conviction of bribing a former president in a corruption scandal that toppled a previous South Korean government. The court said the prosecution failed to sufficiently prove that the merger between Samsung C&T and Cheil Industries was unlawfully conducted with an aim to strengthen Lee's control over Samsung Electronics. Prosecutors had sought a five-year jail term for Lee. It wasn't immediately clear whether they would appeal. Lee had denied wrongdoing over the current case, saying that the 2015 merger was part of normal business activity. Lee .

Survival of family firms under threat amid shortage of capable heirs

Even if family companies grow to be behemoths like Succession's Waystar RoyCo, family companies are inherently fragile organisations

Samsung races Apple to develop blood sugar monitor that doesn't break skin

Mixed-reality headsets could be a new frontier for health as well, Pak said. Apple is poised to release its first product in that market next week when the Vision Pro goes on sale for $3,499

Rising interest rates threaten India's credit growth, pressure margins

While Samsung Electronics Co. disappointed last week, the country's chip output and shipments grew the most in years in November, reviving optimism about the outlook

Samsung Electronics family shares block sale seen at $1.66 bn: Report

The sale of about 29.8 million shares in the deal will be at a discount of 1.2% to 2.0% from Samsung shares' Wednesday closing price of 73,600 won

CES 2024: Samsung announces AI chip-powered displays, wireless 8K projector

A series of upcoming products have been announced by Samsung, including the Neo QLED TV with built-in AI, Premiere 8K Projector, and a new dedicated gaming controller