Business

Samsung quarterly profits plunge to 8 year low on demand slump

Samsung Electronics said Tuesday that its fourth-quarter operating profits plunged nearly 70 percent, the biggest drop in more than eight years, as the global economic slowdown dealt a blow to electronics and chips sales.

Electronics & Semiconductors

Manufacturing advances bring material back in vogue

One of the world's most important artificial materials is back in vogue because scientists are harnessing its properties for new and diverse future applications such as space navigation and farming.

Hardware

Using mushroom skin as a base for computer chips

A team of researchers at Johannes Kepler University has found that the skin of a certain kind of mushroom can be used as a biodegradable base for computer chips. In their paper published in the journal Science Advances, the ...

Business

South Korean chipmaker SK Hynix worries about China future

South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its manufacturing operations in China if a U.S. crackdown on exports of semiconductor technology and manufacturing equipment to China intensifies.

Business

Samsung gets temporary OK on China chip facilities

Samsung Electronics has been granted an exception that will allow it to continue to at least temporarily maintain memory-chip production facilities in China, according to a Biden administration official, a week after the ...

Business

Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics expects operating profits in the third quarter to fall 31.7 percent, the South Korean tech giant said in a statement Friday, after a global economic downturn hit demand for consumer electronics.

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