Samsung Electronics unveils stock split, record profit as chips sizzle
The tech giant`s stock split is the latest in a series of moves to bolster shareholder returns.
Jan 31, 2018, 13:38 PM IST
We will lead consumer-centred AI world: Samsung
The South Korean firm wants to build an ecosystem that is user-centric rather than device-centric.
Jan 26, 2018, 15:08 PM IST
Xiaomi usurps Samsung to become top smartphone seller in India
The Chinese company, which is exploring a public listing and is now valued at close to $100 billion, entered India just over three years ago.
Jan 25, 2018, 15:16 PM IST
Samsung demonstrates 5G network on high-speed train
The test is anticipated to pave the way for faster on-board WiFi services that offer stronger security as well.
Dec 01, 2017, 16:23 PM IST
Samsung Electronics shares drop after Morgan Stanley cuts view, sees chip boom peaking
A Morgan Stanley research report issued on Sunday downgraded its view of Samsung to "equal weight" from "overweight" and trimmed its price target on the stock by 3.4 percent to 2.8 million won, saying its earnings in the memory segment are not seen growing materially next year.
Nov 27, 2017, 13:25 PM IST
Over 2.5 million people use Samsung Pay: Company official
Babbar, quoting GFK Data (a research agency), said the company clocked market share of 47 per cent in the overall smartphone segment as of September.
Nov 09, 2017, 19:03 PM IST
Samsung launches Android Oreo beta update for Galaxy S8, S8+
"Samsung Experience" 9.0 is based on the latest version of the OS built on the Android Oreo UI and UX and will feature on the next flagship Galaxy device.
Nov 03, 2017, 13:23 PM IST
Apple, Samsung to face each other over design patent infringement case
US federal judge has ordered a new trial to determine how much Samsung Electronics Co should pay Apple Inc for copying the look of the iPhone.
Oct 24, 2017, 08:27 AM IST
Samsung predicts three-fold rise in Q3 operating profit
Samsung did not announce the performance estimates of each business division, although the chip business is anticipated to have played a key role in the record-beating report.
Oct 13, 2017, 13:24 PM IST
Flagship smartphones to compete over high-end cameras
Samsung Electronics showcased the Galaxy Note 8 last month, which marked its first flagship to introduce a dual-lens camera on the back. The Galaxy Note 8 has a wide-angle and telephoto lens, both with a resolution of 12MP.
Sep 04, 2017, 17:04 PM IST
Prosecutors appeal against ruling on Samsung heir
Prosecutors on Tuesday demanded a harsher punishment for the heir to the Samsung empire, appealing against a court ruling that sentenced him to five years in prison for bribery.
Aug 29, 2017, 15:50 PM IST
Samsung undecided on local pricing of Galaxy Note 8
Industry watchers earlier expected the local price tag will hover above 1 million won ($892), Yonhap news agency reported.
Aug 28, 2017, 16:33 PM IST
Samsung scion Lee appeals against 5-year jail term for bribery
A defence lawyer for Samsung Electronics Vice Chairman Jay Y. Lee has filed an appeal against the five-year jail term he was given for bribery and other charges, the Seoul Central District Court`s website said on Monday.
Aug 28, 2017, 10:41 AM IST
'Mobile phone displays to overtake TV screens in 2017'
While mobile phone-related displays have surged forward, sales of TV screens contracted roughly 8 per cent per year during that same 2010-2016 period, Yonhap reported.
Aug 27, 2017, 15:14 PM IST
Verdict for Samsung heir weighs on telecom giant
The heir to the Samsung empire faces the verdict in his corruption trial Friday, which threatens to leave the world`s biggest smartphone maker rudderless for more than a decade.
Aug 23, 2017, 12:00 PM IST
South Korea prosecutors seek 12-year jail term for Samsung scion Jay Y. Lee
The court ruling is expected before August 27, when Lee`s current period of detention ends. Other charges he faces include wrongfully transferring assets overseas and hiding the proceeds of a crime.
Aug 07, 2017, 14:23 PM IST
Samsung's Q2 net profit hits record high
South Korean tech giant Samsung Electronics on Thursday reported a second quarter net profit of 11 trillion won ($9 billion), up 89 per cent year-on-year, the company said in a statement here.
Jul 27, 2017, 09:06 AM IST
Samsung takes aim at TSMC with plans to triple chip foundry market share
Samsung Electronics plans to triple the market share of its contract chip manufacturing business within the next five years by aggressively adding clients, a senior company executive said, as it targets new growth drivers for the chips business.
Jul 24, 2017, 16:03 PM IST
Park Geun-Hye refuses order to testify in Samsung heir's trial
South Korea's disgraced former president Park Geun-Hye on Wednesday again refused to testify in the corruption trial of the heir to the Samsung business empire, citing poor health.
Jul 19, 2017, 16:32 PM IST
Samsung Electronics expects record-high Q2 profits
Samsung Electronics expects profits to soar 72 percent in the second quarter to a record high, it said on Friday, as it moves on from a recall debacle thanks to rising memory chip prices and increased demand for smartphones.
Jul 07, 2017, 09:56 AM IST
