OpenAI’s Altman to meet chipmakers Samsung, SK Hynix execs on Friday -sources
SEOUL (Reuters) – OpenAI CEO Sam Altman is visiting South Korea on Friday and meeting leaders of chipmakers Samsung Electronics and SK Hynix, two sources …
samsung
Samsung to embed Google’s generative AI tech in S24 smartphone series
(Reuters) – Samsung will deploy Google’s generative artificial intelligence technology in its Galaxy S24 series smartphones that were unveiled on Wednesday, the companies said. Under …
Qualcomm says Samsung, Google plan to use its new headset chip
By Stephen Nellis (Reuters) – Qualcomm on Thursday said Samsung Electronics and Alphabet’s Google plan to use a new computing chip it designed to power …
Exclusive-Hedge fund Palliser urges changes at Samsung C&T -sources
By Svea Herbst-Bayliss (Reuters) -Activist investor Palliser Capital is urging Samsung C&T (SCT) to spend its cash better, improve governance and communications and simplify its …
US allows Samsung, SK Hynix to keep getting US tools in China
WASHINGTON (Reuters) -The United States gave permission for South Korea’s SK Hynix and Samsung to keep receiving certain U.S. chipmaking tools at their Chinese plants, …
Samsung Q3 profit set to slump 80% as chip losses persist
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ third-quarter profit is expected to drop 80% from a year earlier as the effects of an ongoing …
Samsung SDI to invest $2 billion to build second joint battery plant in US with Stellantis
SEOUL (Reuters) – South Korea’s Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second …
As Samsung and Hyundai repatriate more earnings, weak won gets some reprieve
By Yena Park, Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korea’s major exporters of cars and smartphones are bringing home a bigger chunk …
Samsung going in ‘right direction’ in China market, mobile chief says
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ mobile chief said Samsung is “going in the right direction” in China, the world’s largest mobile market, …
Samsung unveils new foldable phones to challenge Apple’s premium dominance
By Joyce Lee SEOUL (Reuters) – Samsung Electronics unveiled its latest foldable smartphones on Wednesday, keeping prices around the same level three years in a …
Trial starts for Korean chip exec accused of stealing Samsung secrets for China factory
By Heekyong Yang and Ju-min Park SUWON, South Korea (Reuters) – The trial of a South Korean chip executive accused of stealing sensitive information developed …
Samsung Biologics unveils $920 million manufacturing deals for Pfizer
SEOUL (Reuters) – South Korea’s Samsung Biologics announced on Tuesday two deals with Pfizer worth around a combined 1.2 trillion won ($921.38 million) to manufacture …
Samsung sues Chinese rival over alleged patent violation on iPhone displays
By Hyunjoo Jin SAN FRANCISCO (Reuters) – South Korea’s Samsung Display has filed a lawsuit against BOE Technology, accusing the Chinese rival of infringing five …
Exclusive-Letter from prison: South Korean chip exec denies stealing Samsung data for China factory
By Heekyong Yang and Ju-min Park SEOUL (Reuters) – A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to …
Samsung SDI, GM to build $3 billion joint EV battery plant in US
SEOUL (Reuters) – Samsung SDI Co Ltd said on Tuesday it will invest $3 billion or more to build a joint venture electric vehicle (EV) …
Samsung hit with $303 million jury verdict in computer-memory patent lawsuit
By Blake Brittain (Reuters) – Computer-memory company Netlist Inc convinced a federal jury in Texas on Friday to award it more than $303 million for …
Ferrari partners with Samsung to develop in-car displays
ROME (Reuters) – Italian supercar maker Ferrari said on Tuesday it had signed a deal with Samsung Display to use its organic light-emitting diode (OLED) …
Samsung quarterly profit set to hit 14-year low amid chip glut
By Joyce Lee SEOUL (Reuters) – Samsung Electronics Co Ltd’s first-quarter profit is expected to plunge 92% to the lowest for any quarter in 14 …
Samsung Electronics to borrow $16 billion from Samsung Display unit
SEOUL (Reuters) – Samsung Electronics plans to borrow 20 trillion won ($15.78 billion) from unit Samsung Display to use as operational funds, the tech giant …
Samsung loses bid to pause Caltech patent lawsuit over wireless chips
By Blake Brittain (Reuters) – Samsung Electronics Co failed to convince an East Texas federal court on Friday to pause the California Institute of Technology’s …
Samsung Elec to expand chip production at largest plant next year – media
SEOUL (Reuters) – Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a …
Samsung boss Jay Y. Lee to build on late father’s legacy
By Joyce Lee SEOUL (Reuters) – As Samsung Electronics’ de facto leader Jay Y. Lee steps up as chairman, daunting tasks await the executive seeking …
U.S. to probe Samsung, Qualcomm, TSMC over semiconductors, circuits
WASHINGTON (Reuters) – U.S. regulators will investigate units of Samsung, Qualcomm and Taiwan Semiconductor Manufacturing Co. (TSMC) over certain semiconductor devices and integrated circuits and …
Samsung gets one-year exemption from new U.S. chip restrictions on China – WSJ
(Reuters) – Samsung Electronics Co has been granted a one-year exemption from new U.S. restrictions that block exports of advanced chips and related equipment to …
Chip stocks slide as Samsung, AMD expect steep fall in demand
(Reuters) – Dire forecasts from Samsung Electronics Co Ltd and Advanced Micro Devices Inc sent chip-related shares lower on Friday, sparking fears that a slump …
Samsung to lure 175 million existing India customers with cashback card
By Munsif Vengattil NEW DELHI (Reuters) – Samsung Electronics is targeting repeat purchases from its 175 million customers in India through a new cashback credit …
Samsung Elec’s Lee says SoftBank’s Son expected to visit Seoul -media
SEOUL (Reuters) – Samsung Electronics Vice chairman Jay Y. Lee said on Wednesday that SoftBank Group Corp CEO Masayoshi Son is expected to visit Seoul …
Samsung CEO seeks ‘common denominator’ in Sino-U.S. chip war
By Joyce Lee PYEONGTAEK, South Korea (Reuters) – Samsung Electronics Co Ltd is seeking a “common denominator” as it navigates restrictions on U.S. tech exports …
Exclusive-Apple, Samsung could benefit as India aims to speed product safety approvals
By Munsif Vengattil NEW DELHI (Reuters) – India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices, …
Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028
SEOUL (Reuters) – Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) complex in South Korea, where it …
Italy’s antitrust probes Samsung over alleged unfair commercial practices
MILAN – Italy’s antitrust authority said on Wednesday it had opened an investigation against Samsung in Italy and two other companies over alleged misleading and …
Samsung Electro-Mechanics says in talks with Tesla to possibly supply camera modules
SEOUL – Samsung Electro-Mechanics said on Friday that it is in talks with Tesla Inc to possibly supply camera modules, but that it cannot reveal …
China’s smartphone makers chip away at Samsung, Apple’s Russian market share
(Reuters) – China’s market share in the Russian smartphone market jumped significantly in May as manufacturers like Apple and Samsung paused new sales in Russia …
Samsung signs deal with Dish for 5G radios, phones
By Supantha Mukherjee (Reuters) – Samsung has signed a multi-year deal to sell equipment to Dish for its upcoming 5G network in the United States, …
Samsung Elec likely to report highest Q1 profit since 2018 on chips
By Joyce Lee SEOUL – Samsung Electronics Co Ltd is likely to post its highest first-quarter profit since 2018, analysts’ estimates showed, driven by brisk …
Samsung wins appeal overturning ban on Russia sales in patent lawsuit
– A Russian court on Thursday overturned a ruling that would have barred Samsung Electronics importing and selling 61 models of smartphones in Russia over …
Samsung invests $920 million in Vietnam plant expansion
HANOI – South Korean electronic components manufacturer Samsung Electro-Mechanics Co Ltd will invest $920 million in a production facility in northern Vietnam, the Southeast Asian …
Samsung, Blue Ocean launch U.S. stock trading during South Korean business hours
By John McCrank NEW YORK – Asian investors can now buy and sell U.S. stocks during Korean business hours in real time through a partnership …
Samsung flags Australian pricing and dates for its new Galaxy phones
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae.