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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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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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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Business
Shares of Biogen surged Wednesday following a report that South Korean giant Samsung Group is in talks to acquire the US biotech company for more than $40 billion.
Dec 30, 2021
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Automotive
South Korean battery maker Samsung SDI will jointly produce electric vehicle batteries in the US with global carmaker Stellantis, the South Korean firm said Friday—its partner's second such deal in a week.
Oct 22, 2021
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Business
The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong went on trial Tuesday on charges of illegally using the anaesthetic propofol, the latest legal travail to beset the multi-billionaire.
Oct 12, 2021
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Consumer & Gadgets
Samsung's new Galaxy Buds 2 are the rare example of a pair of earbuds that feel much more premium than their price point suggests. The latest Galaxy Buds offer a light and stylish design, respectable active noise canceling ...
Aug 13, 2021
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Energy & Green Tech
Smartphone and chip giant Samsung Electronics' fulfilment of a headline-grabbing pledge to switch to renewable energy in the US, China and Europe accounts for less than 20 percent of its global electricity use, environmentalists ...
Jun 28, 2021
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Business
The Consumer Electronics Show will resume its in-person event in Las Vegas in January after the pandemic forced it to become virtual this year, organizers said Wednesday.
Apr 28, 2021
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Business
The de facto chief of South Korea's Samsung business empire was convicted Monday over a huge corruption scandal and jailed for two and a half years, in a ruling that deprives the tech giant of its top decision-maker.
Jan 18, 2021
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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
