Tag Archives: Samsung

Samsung Electronics innovative innovative devices Feburary 11

Samsung Electronics says will unveil ‘innovative devices’ on Fe...

01 January, 2020 12:07 pm 12:07 pm

SEOUL (Reuters) – Samsung Electronics  said on Sunday that it will introduce new, innovative devices in San Francisco on February 11, with the electronics giant widely expected to unveil its new foldable phone and a new version of its flagship S model. The move comes as the world’s top smartphone maker seeks to maintain its … Read More

Samsung Display $11 billion 2025 amid industry SEOUL Reuters Apple

Samsung Display to invest $11 billion by 2025 amid industry oversupply

10 October, 2019 9:22 am 9:22 am

SEOUL (Reuters) – Apple Inc supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11 billion) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs. The unit of Samsung Electronics Co Ltd said that by 2025 it will … Read More


Global slump: Samsung Electronics’ Q3 operating profit falls by 56%

10 October, 2019 5:58 am 5:58 am

SEOUL – The operating profit of Samsung Electronics witnessed more than 50 percent drop in the third quarter amid a continued slump in the global chip market, the company said in a statement on Tuesday. Operating profit for July to September was expected to reach 7.7 trillion won ($6.4 billion), down 56.2 percent from a … Read More


Apple CEO cautions Trump about China tariffs, Samsung competition

08 August, 2019 6:49 am 6:49 am

NEW JERSEY (Reuters) – President Donald Trump said on Sunday that he had spoken with Apple Inc’s Chief Executive Tim Cook about the impact of US tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd. Trump said Cook “made a good case” that tariffs could hurt Apple, given … Read More


Samsung’s new Galaxy Note takes on Huawei in selfie beauty pageant

08 August, 2019 3:03 am 3:03 am

NEW YORK/SEOUL (Reuters) – Samsung unveiled a new version of the Galaxy Note smartphone on Wednesday with fast 5G network connection and improved camera features, hoping the premium model helps it revive slumping profit and widen the gap with struggling rival Huawei. Samsung (005930.KS) has emerged as the biggest beneficiary of Huawei’s trouble in the … Read More

Samsung Samsung folding phone folding phone 5G $ 2000

Samsung announces folding phone with 5G at nearly $2,000

02 February, 2019 10:41 am 10:41 am

SAN FRANCISCO/LONDON (Reuters) – Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to top the technology of Apple Inc and Chinese rivals and reignite consumer interest amid slumping sales. The Galaxy Fold will go on sale on April 26 and take advantage of new and faster 5G mobile … Read More

Samsung, Huawei supply majority of own modem chips, Qualcomm says

01 January, 2019 12:31 pm 12:31 pm

SAN JOSE, Calif. (Reuters) – The two largest smart phone makers in the world supply a majority of their own modem chips to help their devices connect to wireless data networks, according to evidence presented at an antitrust trial for chip supplier Qualcomm Inc. A trial between the US Federal Trade Commission and Qualcomm kicked … Read More

Samsung slashes capex, calls end to chip boom after record third quarter

10 October, 2018 10:50 am 10:50 am

SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fuelled record third-quarter profit. The downbeat forecast by the world’s biggest maker of memory chips and smartphones … Read More

Samsung third-quarter profit likely hit record high but chip price falls ca...

10 October, 2018 9:45 am 9:45 am

SEOUL (Reuters) – Samsung Electronics Co Ltd said quarterly operating profit likely surged by a fifth to a record high, with its chip unit bolstered by robust demand from data centers and gains in production yields. But sharp price slides for some types of semiconductors have brought an end to a two-year super cycle of … Read More

Samsung may suspend operations at China mobile phone factory

08 August, 2018 9:09 am 9:09 am

SEOUL (Reuters) – Samsung Electronics Co Ltd is considering suspending operations at one of its mobile phone manufacturing plants in China due to slumping sales and rising labor costs, the Electronic Times reported on Monday. Samsung might stop producing mobile phones this year at Tianjin Samsung Telecom Technology, its Chinese mobile phone manufacturing base in … Read More

Samsung eyes young buyers with gaming, music-friendly Galaxy Note 9

08 August, 2018 10:49 am 10:49 am

SEOUL (Reuters) – Samsung Electronics Co Ltd unveiled the Galaxy Note 9 “phablet” in New York on Thursday in a key product launch that it hopes will attract younger customers with stepped-up features and services for gamers and music-lovers. Launching the Note 9 at 11 a.m. in New York, or Friday midnight in Seoul, Samsung … Read More

Samsung Galaxy S7 smartphones vulnerable to hacking: researchers

08 August, 2018 9:07 am 9:07 am

LONDON (Reuters) – Samsung’s Galaxy S7 smartphones contain a microchip security flaw, uncovered earlier this year, that has put tens of millions of devices at risk to hackers looking to spy on their users, researchers told Reuters. The Galaxy S7 and other smartphones made by Samsung Electronics Co Ltd were previously thought to be immune … Read More

Samsung Group pledges $22 billion spend on new technology in push for growt...

08 August, 2018 11:50 am 11:50 am

SEOUL (Reuters) – Samsung Group will invest 25 trillion won (£17 billion) over three years in artificial intelligence, 5G mobile technology, electronic components for autos, and the biopharmaceutical business, Samsung Electronics said on Wednesday. The investment is part of a broader 180 trillion won package South Korea’s biggest business group is planning to spend over … Read More

Samsung’s second quarter profit seen flagging as smartphone innovatio...

07 July, 2018 9:08 am 9:08 am

SEOUL (Reuters) – Samsung Electronics Co Ltd  is expected to post its smallest profit growth in more than a year in the second quarter, as lacklustre sales of its premium Galaxy smartphones overshadow its highly profitable chip business. Analysts expect Samsung’s smartphone sales to drop in the April-June quarter, following a more than 2 percent … Read More