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May 09, 2022
[Market Eye] Could Lee Jae-yong’s return revitalize Samsung?
Even as it reported record revenue over the last three quarters, shares in Samsung Electronics have fallen over the past year, indicating weak market confidence in the tech giant’s prospects as infla...t of convincing Samsung shareholders that the tech giant has a cle...
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May 08, 2022
[Book Review] Samsung ex-CEO recalls ‘great’ chip deal that built Apple empire in memoir
... and felt in his encounters with prominent entrepreneurs, including Jobs’ successor Tim Cook, Tesla Chief Executive Officer Elon Musk, Salesforce CEO Marc Benioff, as well as Hwang’s boss and late Samsung Chairman Lee Kun-hee. Every business trip to the United States -- either as chi...
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April 29, 2022
LG reports record quarterly earnings on upbeat TV, appliance sales
LG Electronics on Thursday reported its best quarterly earnings in the first quarter this year, largely driven by the pent-up demand for TVs and home appliances amid the protracted coronavirus pandem...said it would bolster responsiveness to uncertainties surrounding geopolitical tensions...
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April 29, 2022
Samsung Electronics profit jumps 51% on strong server chip demand, S22 Ultra sales
South Korean chip-to-consumer electronics giant Samsung Electronics posted a record quarterly revenue for three quarters in a row and logged a 51 percent increase in operating profit in the first quarter, its earnings guidance showed Thursday. Samsung E...
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April 29, 2022
IFA 2022 to bar Russia from joining
Organizers of Europe’s biggest consumer electronics show, Internationale Funkausstellung Berlin, said Thursday it plans to ban companies from Russia and Belarus from the event this year in the German...onics Association and Korea ICT Association for its startup program called IFA Next. ...
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April 27, 2022
Lam Research opens $100m R&D center in Korea
...ter, Lam Research said its responsiveness to client needs will be greatly bolstered in the whole process of chip making. The Yongin complex is one of the nation’s key semiconductor clusters here. Samsung Electronics, the world’s largest memory chip maker, operates several p...
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April 26, 2022
Lobby groups call for Moon’s pardon of Samsung chief
Five South Korean lobby groups on Monday called for a presidential pardon to be issued to Samsung Vice Chairman Lee Jae-yong, the de facto leader of the family-owned electronics giant, with businesse...d entity, currently on top of Samsung Group’s governance structure...
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April 26, 2022
High-tech sector key to growth: transition team
... products and core machinery used to support next-generation industries. “The Yoon government will increase support for these sectors, including the chip industry, which is a cash cow,” Ahn said. Samsung Electronics is the world’s largest memory chip maker and the tech gia...
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April 25, 2022
Pokemon craze extends to Samsung’s Galaxy Z Flip 3
Samsung Electronics said Sunday that it is launching its limited smartphone package, Galaxy Z Flip 3 Pokemon edition on Monday. The package was co-designed with the Pokemon franchise and Nintendo to...rs. The electronics giant has worked with 40 different brands to...
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April 24, 2022
Yoon agonizes over tech policy as chip arms race intensifies
... in January, is meant to forge a centralized semiconductor research base for cutting-edge nano electronics technology as the relevant research infrastructure across Korea is largely dispersed. The en... agendas in the incoming conservative Cabinet. Korea is home to memory chip powerho...
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April 24, 2022
Samsung Electronics’ market presence hits 34-month low
South Korean tech behemoth Samsung Electronics saw its presence on the main bourse drop to the lowest in 34 months in terms of market capitalization, data showed Thursday, with analysts pointing to volatilities caused by the global supply bottleneck and foreigners’ selling spre...
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April 21, 2022
Samsung’s M&A dealmaker joins revamped think tank
A key mergers and acquisitions deal maker at Samsung Electronics has recently been relocated to join an in-house think tank, fueling speculation about the tech giant’s long-awaited “megadeals” in chi...nd acquisition deals across Samsung affiliates. Sources predict...
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April 20, 2022
Samsung offers pickup repair service in Ukraine
Samsung Electronics is offering free pickup and delivery repair services for customers in war-torn Ukraine. According to its Ukraine unit on Tuesday, the Korean tech giant will pick up mobile devices to be repaired for customers living in areas where its service centers cannot ...
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April 18, 2022
Is Arm M&A still a pipe dream?
...ons; and Intel’s SSD and NAND operations, now branded as Solidigm. Some of these deals have proven to be lucrative. SK hynix rose to become one of the top three memory chip powerhouses along with Samsung Electronics and Micron. SK is also looking to float SK Shieldus up to a...
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April 15, 2022
[Weekender] Back to normal?: ‘It will never be the same’
...could work sometimes at home, while 41.7 percent said they preferred permanent remote work 5 days a week. Only 2.1 percent responded they prefer working in the office. Major conglomerates such as Samsung Electronics and Hyundai Motor are maintaining remote working for at leas...
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April 13, 2022
Korean electronics firms wary of impact from Chinese lockdowns
...rean companies are keeping a wary eye on looming supply chain disruptions and slowing consumer electronics demand as the pandemic lockdown in China shows no signs of ending. While there are signs tha...the Chinese New Year holiday,” Nam noted, referring to the lockdown in central Chin...
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April 12, 2022
Samsung resumes in-person gatherings, business trips as COVID rules eased
Samsung Electronics said Monday it has eased a set of coronavirus rules for its office in South Korea as COVID-19 infections are on a steady decline. Effective Monday, the tech titan -- dedicated to...ts and business travels will partially resume,” a Samsung Ele...
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April 12, 2022
Samsung Biologics secures W3.2tr via new shares issued
Contract manufacturing giant Samsung Biologics has raised 3.2 trillion won ($2.6 billion) through issuing new shares, allowing the company to secure capital needed for the buyout of Samsung Bioepis’ ...increase, Samsung Biologics issued 5,009,000 new shares at the pri...
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April 12, 2022
Samsung hires governance specialist in renewed ESG push
Samsung Electronics has recently hired Daniel Oh, a corporate governance specialist who worked for Institutional Shareholder Services and BlackRock, as an executive vice president at its global investor relations team. According to the tech giant’s business report Monday, Oh, ...
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April 11, 2022
Samsung Electronics remains favorite pick among retail stock investors
Despite the recent bearish price movement, South Korean tech titan Samsung Electronics remained a favorite pick among retail stock investors in hopes of a price rebound of the market bellwether. Fro...ontrast with the fall of the Samsung Electronics share pr...
November 26, 2024
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