Seoul, March 16 (IANS) Samsung Electronics on Wednesday said it will spend 300 trillion won ($229.81 billion) over the next 20 years to build the world’s largest semiconductor cluster in the Seoul metropolitan area, as part of efforts to secure a
Seoul, Feb 14 (IANS) Samsung Electronics on Monday said it aims to broaden the use of eco-conscious materials to all its smartphone products in the coming years. The world’s largest smartphone maker said it plans to use recycled plastic materials in
Seoul, Jan 31 (IANS) Samsung Electronics on Tuesday said its fourth-quarter operating profit plunged nearly 70 per cent from a year ago, as the global economic slowdown hurt the sales of electronic devices and semiconductors that power them. The world’s largest
Seoul, Sep 22 (IANS) Samsung Electronics said on Thursday it will provide 5G solutions to America’s largest cable service provider, Comcast, in its latest deal as one of the world’s biggest 5G network services providers. The partnership to supply 5G Radio
Seoul, Aug 19 (IANS) Samsung Electronics on Friday held a groundbreaking ceremony for its new semiconductor research and development (R&D) complex here, in a move to bolster its global leadership in cutting-edge chip technology. The South Korean tech giant plans to
Seoul, July 28 (IANS) Samsung Electronics on Thursday reported its second-quarter net profit of $8.5 billion, up 15.2 per cent from a year earlier, on the back of robust demand for server chips. Operating profit for the April-June period rose 12.2
San Francisco, April 14 (IANS) The worldwide semiconductor revenue totalled $595 billion in 2021, an increase of 26.3 per cent from 2020, a report said on Thursday. According to market research firm Gartner, Samsung Electronics regained the top spot from Intel
With an aim to protect the environment, South Korean tech giant Samsung Electronics has reportedly come up with an idea to increase the use of recycled parts in repairing smartphones. Seoul, April 14 (IANS) With an aim to protect the environment,
Seoul, Dec 21 (IANS) Samsung Electronics took over the top spot in the global semiconductor market by revenue in the third quarter on the back of strong memory chip sales, a new report revealed on Tuesday. Industry tracker Omdia said Intel,
Seoul, Nov 8 (IANS) Leading South Korean companies Samsung Electronics and SK hynix were set to hand over their semiconductor data to the US government by Monday (US time). According to a statement on Sunday by the South Korean Ministry of
Seoul, Oct 27 (IANS) Samsung Electronics will quickly decide on a foundry investment in the US, a senior executive said Tuesday, as the South Korean tech giant seeks to become the world’s number one player in the logic chip and foundry
Seoul, Oct 8 (IANS) Samsung Electronics on Friday said that it is expected to post record sales in the third quarter of the year, apparently buoyed by its semiconductor business. In its earnings guidance, the South Korean tech giant estimated its
Seoul, July 29 Samsung Electronics on Thursday expected solid chip demand to continue in the second half of the year with recovery in the mobile business after delivering robust second-quarter performance. Its net profit stood at 9.63 trillion won ($8.3
Seoul, July 7 Samsung Electronics on Wednesday expected market estimate-beating second quarter earnings as its semiconductor business apparently offset a tepid performance from its mobile business. In its earnings guidance, the South Korean tech giant estimated its operating profit at
Seoul/New Delhi, May 29 Samsung Electronics took over Chinese brand Xiaomi to become the world’s second-largest vendor of wearable devices in the first quarter of the year, a report has showed, on the back of its wireless earbuds sales. The
Seoul, May 25 Samsung Electronics maintained its status as the world’s leading TV vendor with a record market share in the first quarter, a report showed on Tuesday, as the tech giant posted robust growth on the back of its
Seoul, May 18 Samsung Electronics on Tuesday unveiled new power-controlling chips that minimise overall power consumption while boosting performance of dynamic random-access memory (DRAM). The world’s largest memory chip producer said its three power management integrated circuit (PMIC) products —
Seoul, April 29 Samsung Electronics on Thursday expected its semiconductor business to rebound in the current quarter following mediocre performance, although its mobile unit is projected to suffer a profit decline after spearheading its strong first-quarter earnings. Samsung’s net profit
Seoul, March 17 Samsung Electronics said on Wednesday that it expects to see demand growth in various chip products with the economic recovery despite concerns over the novel coronavirus pandemic. Kim Ki-nam, who heads Samsung’s device solutions (DS) division, said
New Delhi, Jan 17 Samsung Electronics on Sunday said that the company is confident that the Galaxy S21 series and its ecosystem devices such as Galaxy Buds Pro and Galaxy SmartTag will continue to drive category growth this year. Samsung
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