The reasons for Samsung failing Nvidia's tests are being reported for the first time
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
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
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
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 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
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
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, however, has recently issued purchase orders for chipmaking equipment designed to handle MUF technique, three sources with direct knowledge of the matter said
open for all three models in the series - Galaxy Book4 Pro 360, Galaxy Book4 Pro and Galaxy Book 4 360
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 .
Even if family companies grow to be behemoths like Succession's Waystar RoyCo, family companies are inherently fragile organisations
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
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
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
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
The San Diego-based chipmaker said the new component, which can run 12 or more high-definition cameras, will be used by Samsung Electronics Co. and Alphabet Inc.'s Google on products under development
More than a billion smartphones with built-in generative AI are expected to be shipped by the end of 2027, according to Counterpoint Research estimates
Revisions to TSMC's and Samsung's plans would mean their new plants, worth tens of billions of dollars, may only come online after the US presidential election next year
The Galaxy Book 4 series will be available initially in South Korea starting January next year and later in other regions