Samsung Electronics

Thursday, Apr 25, 2024 | Last Update : 04:38 PM IST

The firm is st to commence its manufacturing efforts with contract manufacturer Cloud Network Technology (AFP)

Amazon to make Fire TV sticks in India

India is poised to become a majorplayer in the global supply chain in the electronics and IT products industry

17 Feb 2021 4:15 AM

Samsung Electronics wins $6.6 billion Verizon order for network equipment. (AFP Photo)

Samsung signs $6.6 billion deal with Verizon to supply 5G network solutions

Samsung’s global prospects for its network business have improved following US sanctions on its bigger rival Huawei, analysts said

07 Sep 2020 9:04 AM

India investment body backs incentives for Samsung display plant. (AFP Photo)

Samsung to set up Rs 54 billion smartphone display plant in India

Samsung expects to create some 1,300 jobs at the plant, the facility is likely to begin operations in 2021

17 Jun 2020 8:57 AM

South Korea seeks arrest of Samsung heir in succession probe

Lee, if arrested, faces a return to jail just a little over two years after being released from detention in February 2018

04 Jun 2020 12:24 PM

Memory chipmakers like Samsung and South Korea’s SK Hynix are hurting as rising tariffs hit global demand for electronics. (Photo: AP)

Samsung Electronics take hit, one-off gains to beat expectations

The South Korean tech giant is on track to post year-on-year profit declines for a third consecutive quarter.

06 Jul 2019 11:31 AM

Samsung opens world's largest mobile experience centre in Bengaluru

The South Korean tech giant would showcase its full lineup of smartphones and wearable devices at the experience centre.

11 Sep 2018 7:19 PM

Samsung Electronics and its affiliated companies plan to spend USD 22 billion over the next three years on artificial intelligence, auto components and other future businesses.

Samsung to put USD 22 billion in artificial intelligence, autos

Samsung said on Wednesday it will spend the sum, amounting to 25 trillion won, to hire artificial intelligence researchers.

08 Aug 2018 12:26 PM

A European Union antitrust judgement against Google on Wednesday invites more competition from software developers including Microsoft Corp, Amazon.com Inc and Samsung Electronics Co, but still leaves them at an disadvantage, industry executives and analysts told Reuters. (Photo: Google)

EU order against Google opens new doors for mobile industry

The EU found that the Alphabet Inc unit illegally bolstered its dominance in the mobile business since 2011.

19 Jul 2018 12:33 PM

Samsung's first-quarter profit seen at USD 13.7 billion

The world’s largest semiconductor and smartphone maker is expected to forecast a 46 per cent jump in operating profit.

04 Apr 2018 11:29 AM

Samsung says combining the two plants was to improve efficiency.

Samsung Electronics to close one of two assembly plants in Slovakia

Samsung has two assembly plants in Slovakia — at Galanta and Voderady — primarily making LCD TVs.

28 Jan 2018 7:48 AM

New head of the components business, Koh Dong-jin as new head of IT and Mobile Communications, and Kim Hyun-suk as new head of Consumer Electronics.

Samsung names 3 new business heads, JK Shin and others to step down

Current CFO Lee Sang-hoon would resign from his CFO role and had been recommended as chairman of board.

31 Oct 2017 11:44 AM

Samsung releases first cellular IoT mobile device for multi-purpose tracking.

Samsung to launch NB-lot GPS smart tags soon

The Samsung Connect Tag is the first consumer mobile product to use Narrowband technology.

16 Oct 2017 3:39 PM

Samsung is by far the biggest of the chaebols, as the family-controlled conglomerates that dominate Asia's fourth-largest economy are known, with its revenues equivalent to around a fifth of the country's GDP. (Photo: File)

South Korean media mounting division over Samsung heir verdict

Chaebols were instrumental in South Korea's economic rise but have long had murky connections with political authorities.

28 Aug 2017 3:56 PM

The vice-chairman of Samsung Electronics, 49, arrived at Seoul Central District Court on a justice ministry bus handcuffed (Photo: AP)

Samsung heir Lee Jae-Yong convicted of bribery, embezzlement gets 5 yrs jail

The court found the money was in return for policy favours including government support for Lee's hereditary succession at the group.

25 Aug 2017 12:43 PM

Samsung says its virtual assistant can be activated by saying "Hi Bixby" to the phone or by clicking the button on the side of the S8 phones.

Hi Bixby: Samsung’s voice assistant now speaks English

The service, comparable to Apple's Siri or Google Assistant, was previously available only in Korean.

19 Jul 2017 9:39 PM

The world's largest memory chip maker estimated its operating profit in the October-December period at 9.2 trillion won ($7.8 billion), up 49.8 per cent from a year earlier.

Samsung Electronics tips profits to leap 50 pc

Fourth-quarter sales were estimated at 53 trillion won in the quarter, down 0.6 per cent on year.

06 Jan 2017 7:46 AM

Samsung Electronics is facing growing pressure to overhaul its governance during a crucial power transfer in top management.

Samsung Electronics eyes separation in reform plan

Samsung Electronics is considering splitting the company into two.

30 Nov 2016 10:06 AM

Samsung Electronics said it will only consider at present whether it should move to a holding company structure.

Samsung Electronics says not considering merger of holding firm and Samsung C&T

Samsung Electornics has no plans at present to consider a merger between a holding firm and Samsung C&T.

29 Nov 2016 8:26 AM

Samsung has sold non-core assets while pushing through a merger of two affiliates in 2015.

South Korean electronic giant considering split

Samsung's board of directors will meet on Tuesday and respond to Elliott's proposals for split.

28 Nov 2016 8:36 AM

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Dilip Cherian

samsung electronics