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Samsung Electronics Reports 96% Drop In Q2 Profit As Chip Glut Persists
Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating profit on Friday, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut.
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US Said to Consider Crackdown on Chinese Memory Chip Manufacturers: All Details
The US is considering limiting American chipmaking equipment to China-based chip makers like Yangtze Memory Technologies Co Ltd (YMTC) in a move that is said to be aimed at halting China's semiconductor sector advances and protect US companies Western Digital and Micron, which together represent about a quarter of the NAND chips market.
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Samsung Electronics Begins World’s First 3nm Chip Production Amid Push for New Foundry Customers
Samsung Electronics has announced it has started production of 3nm chips making it the first company in the world to manufacture the next generation of chips. The South Korean technology giant is looking to gain new clients as it takes on market leader Taiwan Semiconductor Manufacturing Co (TSMC) and aims to become the world's top logic chipmaker b...
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LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPO
The pricing values LGES at 70.2 trillion won, making it South Korea's third most-valuable company after Samsung Electronics Co Ltd and SK Hynix Inc.
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Texas Wins Contest To Host Samsung's New $17 Billion Chip Plant
Samsung Electronics Co Ltd said on Wednesday it had picked Taylor, Texas as the location for a new $17 billion plant to make advanced chips for functions such as mobile, 5G, high-performance computing and artificial intelligence.
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Samsung Electronics Q3 Profit Rises To 3-Year High On Chip Sales
Samsung Electronics Co Ltd's third-quarter profit rose 28% to its highest in three years, as strong memory chip prices, chip contract manufacturing and display sales outweighed increased costs to produce consumer electronics.
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EU Extends Investigation Into Samsung's EV Battery Plant In Hungary
Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics Co Ltd, began production at the Hungarian plant in 2018, making batteries for 50,000 EVs a year.
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Samsung SDI To Invest $849 Million To Expand EV Battery Plant In Hungary
Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics Co Ltd, began production at the Hungary plant in 2018, producing batteries for 50,000 EVs a year.
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China's Loss = India's Gain As Samsung, Apple, Others Eye Phone Factories
India's latest set of incentives to entice businesses moving away from China seem to be working, with companies from Samsung Electronics Co to Apple Inc's assembly partners showing interest in investing in the country.
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Apple, Samsung End Years-Long Battle Over Copied iPhone Design
Apple Inc and Samsung Electronics Co Ltd on Wednesday settled a seven-year patent dispute over Apple's allegations that Samsung violated its patents by "slavishly" copying the design of the iPhone.
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Samsung Plans To Sell Refurbished Galaxy Note 7s
Samsung, under huge pressure to turn its image around after the burning battery scandal, had previously not commented on its plans for recovered phones.
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Apple Depicts Qualcomm as a Shady Monopolist in $1 Billion Lawsuit
Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that connect phones to wireless networks.
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Samsung's Profit Jumps 50% In December Quarter Despite Galaxy Fiasco
In its earnings preview, Samsung said it posted 9.2 trillion won ($7.8 billion) in operating profit, up from 6.1 trillion won a year earlier. It was the biggest quarterly income since the third quarter of 2013.
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Samsung To Unveil Shareholder Return Plans Amid Calls To Split Company
Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts.
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Samsung To Unveil Shareholder Return Plans Amid Calls To Split Company
Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts.
-
Samsung Electronics Reports 96% Drop In Q2 Profit As Chip Glut Persists
Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating profit on Friday, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut.
-
US Said to Consider Crackdown on Chinese Memory Chip Manufacturers: All Details
The US is considering limiting American chipmaking equipment to China-based chip makers like Yangtze Memory Technologies Co Ltd (YMTC) in a move that is said to be aimed at halting China's semiconductor sector advances and protect US companies Western Digital and Micron, which together represent about a quarter of the NAND chips market.
-
Samsung Electronics Begins World’s First 3nm Chip Production Amid Push for New Foundry Customers
Samsung Electronics has announced it has started production of 3nm chips making it the first company in the world to manufacture the next generation of chips. The South Korean technology giant is looking to gain new clients as it takes on market leader Taiwan Semiconductor Manufacturing Co (TSMC) and aims to become the world's top logic chipmaker b...
-
LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPO
The pricing values LGES at 70.2 trillion won, making it South Korea's third most-valuable company after Samsung Electronics Co Ltd and SK Hynix Inc.
-
Texas Wins Contest To Host Samsung's New $17 Billion Chip Plant
Samsung Electronics Co Ltd said on Wednesday it had picked Taylor, Texas as the location for a new $17 billion plant to make advanced chips for functions such as mobile, 5G, high-performance computing and artificial intelligence.
-
Samsung Electronics Q3 Profit Rises To 3-Year High On Chip Sales
Samsung Electronics Co Ltd's third-quarter profit rose 28% to its highest in three years, as strong memory chip prices, chip contract manufacturing and display sales outweighed increased costs to produce consumer electronics.
-
EU Extends Investigation Into Samsung's EV Battery Plant In Hungary
Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics Co Ltd, began production at the Hungarian plant in 2018, making batteries for 50,000 EVs a year.
-
Samsung SDI To Invest $849 Million To Expand EV Battery Plant In Hungary
Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics Co Ltd, began production at the Hungary plant in 2018, producing batteries for 50,000 EVs a year.
-
China's Loss = India's Gain As Samsung, Apple, Others Eye Phone Factories
India's latest set of incentives to entice businesses moving away from China seem to be working, with companies from Samsung Electronics Co to Apple Inc's assembly partners showing interest in investing in the country.
-
Apple, Samsung End Years-Long Battle Over Copied iPhone Design
Apple Inc and Samsung Electronics Co Ltd on Wednesday settled a seven-year patent dispute over Apple's allegations that Samsung violated its patents by "slavishly" copying the design of the iPhone.
-
Samsung Plans To Sell Refurbished Galaxy Note 7s
Samsung, under huge pressure to turn its image around after the burning battery scandal, had previously not commented on its plans for recovered phones.
-
Apple Depicts Qualcomm as a Shady Monopolist in $1 Billion Lawsuit
Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that connect phones to wireless networks.
-
Samsung's Profit Jumps 50% In December Quarter Despite Galaxy Fiasco
In its earnings preview, Samsung said it posted 9.2 trillion won ($7.8 billion) in operating profit, up from 6.1 trillion won a year earlier. It was the biggest quarterly income since the third quarter of 2013.
-
Samsung To Unveil Shareholder Return Plans Amid Calls To Split Company
Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts.
-
Samsung To Unveil Shareholder Return Plans Amid Calls To Split Company
Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts.
