Page 4 - Samsung Electronics

Rising chip prices fuel Samsung's best quarterly profit in three years

Samsung Electronics Co Ltd on Friday flagged a 28% jump in its third-quarter operating profit to the highest in three years

Samsung Electronics likely to report best quarterly profit in 3 years

An unprecedented global shortage in semiconductor chips amid the pandemic has underpinned Samsung's results and shares, which soared 45% last year and hit a record high at the start of 2021.

Samsung plans to invest $205 billion in three years, hire 40,000

Samsung Electronics and affiliates such as Samsung Biologics aim to lead research and spending in areas from telecommunications and robotics to corporate acquisitions

Demand, price helps Samsung expand lead in DRAM market in Q2: Report

Samsung Electronics expanded its dominance in the global DRAM market in the second quarter of the year, a report showed on Tuesday, thanks to bullish demand and chip price hikes.

Samsung partners NSDC to train 50,000 youth for electronics retail sector

Samsung India has partnered with the National Skill Development Corporation under a CSR initiative, aiming to train 50,000 young persons as job-ready for the electronics retail sector

Samsung Electronics leads global curved monitor market in Q2: Report

Samsung Electronics was the world's largest curved monitor vendor in the second quarter of the year, a report showed on Tuesday, although its shipments decreased sharply from a quarter earlier

Samsung to use recycled material in new mobile products by 2025

Samsung Electronics said it will use recycled material in all of its new mobile products by 2025 as the South Korean tech giant vowed to minimise environmental impact

Samsung ranks fourth in global Android 5G smartphone market in Q2: Report

Samsung Electronics was the world's fourth-largest vendor of Android 5G smartphones in the second quarter of the year, a report showed on Tuesday

Samsung Electronics forecasts strong chip demand as Q2 profit jumps

The world's top maker of memory chips and smartphones posted a 54% jump in operating profit for the second quarter, its strongest result in more than two years

Samsung unveils new automotive image sensor; eyes expanion beyond mobiles

Samsung Electronics on Tuesday released a new automotive image sensor as the tech giant eyes to expand its presence beyond the mobile sector

DRI quizzes 3 senior executives of Samsung Electronics over duty evasion

Probes whether the South Korean firm misused FTA norms

Samsung Electronics flags 53% jump in Q2 profit, topping estimates

Revenue rose an estimated 19% from the same period a year earlier to 63 trillion won, Samsung said in a short preliminary earnings release

Samsung Electronics Q2 profit likely up 38% on strong chip prices

Samsung Electronics likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics

Samsung Elec, affiliates fined $207 million over cafeteria contracts

The Korea Fair Trade Commission (KFTC) watchdog made the announcement on Thursday

Hyundai Motor Group chases local chipmakers to cut exposure to shortage

Hyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Electronics Co Ltd

Samsung Electronics develops 8-nanometer RF chip process technology

Samsung Electronics has developed an 8-nanometer (nm) process technology for radio frequency (RF) chips as the South Korean tech giant eyes to beef up its foundry service for 5G mobile semiconductors

Enterprise SSD prices to rise over 10% in Q3, Samsung Electronics to gain

Prices of enterprise SSDs are likely to increase sharply in the third quarter of the year due to robust demand from server companies, a report showed

Global TV market share of Samsung Electronics, LG Electronics crosses 50%

In the first quarter of this year, Korean companies took up more than half of the global TV market and showed off their presence

Samsung thrives as Seoul mulls pardon of corporate heir Lee Jae-yong

Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal

Samsung Electronics raises non-memory chip investment to $151 bn

Samsung Electronics Co Ltd said on Thursday it would invest 171 trillion won ($151.10 billion) in non-memory chips through 2030, raising its previous investment target of 133 trillion won