Page 6 - Samsung Electronics

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

Qualcomm unveils chip for mixed reality to compete with Apple's Vision Pro

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

Samsung places bet on AI for greater sales as 2024 phone launches kick off

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

Samsung Electronics delays production at new US chip plant to 2025: Report

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

Galaxy Book 4 series: Samsung unveils Intel Core Ultra chip-powered laptops

The Galaxy Book 4 series will be available initially in South Korea starting January next year and later in other regions

Samsung Galaxy Buds 3 Pro to get on-device AI for live translation: Report

The Galaxy Buds 3 Pro would likely include real-time translations for in-person conversations among its core AI features

Samsung set to dislodge Xiaomi as top smartphone player by volume

Counterpoint estimates that Xiaomi will also be behind its Chinese competitor, Vivo, which has marginally increased its market share from 16 per cent in CY22 to a projected 17 per cent in CY23

For Google Play, dominating android world was 'existential': Report

Epic is seeking to show that executives at the Alphabet Inc. unit were eager to discourage the proliferation of third-party app stores

Samsung to debut Apple Vision Pro headset's competitor in late 2024: Report

Samsung is reportedly working on a mixed-reality headset, which is expected to debut with its 2024 foldable devices in July or August

Samsung announces ISOCELL GNK image sensor with improved dynamic range

Upcoming Galaxy smartphones lined up for 2024 can feature the 50 MP ISOCELL GNK sensor

Samsung leads smartphone shipments in Sep quarter, Apple hits record

Smart devices maker Samsung continued to lead the smartphone market in the country for the fourth consecutive quarter in July-September with a 17.2 per cent market share, market research firm Counterpoint said on Wednesday. Shipments of iPhone maker Apple crossed 2.5 million units in the reported quarter thereby registering an all-time high in a quarter, according to the Counterpoint's Monthly India Smartphone Tracker report. "Samsung maintained its leading position for the fourth consecutive quarter with a 17.2 per cent share driven by the success of its A and M series. "Aggressive push in offline through better incentives and price parity across channels, focus on the fastest growing premium segment and innovation through the latest ultra-premium offerings are some of the strategies helping Samsung keep ahead of the competition," Counterpoint Research, research analyst, Shubham Singh said. Samsung was closely followed by Xiaomi, with its 16.6 per cent market share driven by stron