Business
Samsung Electronics on Thursday reported its worst quarterly profits in 14 years, blaming slowing consumer spending on electronics and a global microchip glut that hit its core memory business.
Apr 27, 2023
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14
Business
South Korea said Wednesday it would build the world's largest chip center using $230 billion of private investment mostly from Samsung Electronics, as it seeks an edge in the global industry.
Mar 15, 2023
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2
Business
The world's second-largest memory chip maker SK Hynix said Wednesday it would reduce investments after reporting its biggest ever operating loss as it was hammered by an industry-wide downturn.
Feb 1, 2023
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21
Business
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.
Jan 31, 2023
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6
Engineering
Electronics engineers are continuously trying to develop thinner, more efficient and better performing transistors, the semiconductor devices at the core of most modern electronics. To do this, they have been evaluating the ...
Consumer & Gadgets
Tech firms have spent years hawking the idea of a connected home filled with "smart" devices that help smooth daily domestic lives—and this year's CES gadget show in Las Vegas is no different.
Jan 6, 2023
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45
Business
South Korean tech giant Samsung Electronics on Thursday said its third-quarter operating profits were down 31.39 percent year on year after a global economic downturn hit demand for consumer electronics.
Oct 27, 2022
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5
Business
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.
Oct 26, 2022
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3
Business
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 ...
Oct 13, 2022
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4
Business
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.
Oct 7, 2022
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8
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".
This text uses material from Wikipedia, licensed under CC BY-SA
