Consumer & Gadgets

Samsung touts $2,000 foldable phone as a 'VIP' experience

Samsung's second attempt at a foldable smartphone will come with a $2,000 price tag and a few elite perks aimed at affluent consumers still able to afford the finer things in life during tough times.

Business

Samsung heir charged with fraud over succession-linked deal

South Korean prosecutors indicted the heir to the Samsung empire Tuesday over a controversial merger of two business units seen as a key step towards his succession, in the latest legal blow to the sprawling conglomerate.

Business

Samsung, Apple to boost cellphone manufacturing in India

Three contract manufacturers for Apple iPhones and South Korea's Samsung have applied for large-scale electronics manufacturing rights in India under a $6.5 billion incentive scheme announced by the government, a minister ...

Business

Samsung Electronics defies pandemic with profit rise

South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic's impact on smartphone sales.

Consumer & Gadgets

What to except from Samsung Unpacked 2020 event

Samsung is kicking off the 2020 phone season next Wednesday with what's expected to be a slew of new Galaxy Note models, an updated Fold phone, and several other products.

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Samsung Group

The Samsung Group (Korean: 삼성 그룹, Hanja: 三星 그룹 Samsŏng Kŭrup) (KRX: 005930, KRX: 005935) is the world's largest conglomerate by revenue, headquarted in Seocho Samsung Town, Seoul, South Korea. It is South Korea's largest chaebol and composed of numerous international affilated businesses, most of them united under the Samsung brand, including Samsung Electronics, the world's largest electronics company, Samsung Heavy Industries, one of the world's largest shipbuilders and Samsung Engineering & Construction, a major global construction company. These three multinationals form the core of Samsung Group and reflect its name - the meaning of the Korean word Samsung is "tristar" or "three stars".

Samsung has been the world's most popular consumer electronics brand since 2005 and is the best known South Korean brand in the world. Samsung Group accounts for more than 20% of South Korea's total exports and is the leader in many domestic industries, such as the financial, chemical, retail and entertainment industries. The company's strong influence in South Korea is visible throughout the nation, which has been referred to as the "Republic of Samsung".

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