Samsung Electrics

2025.02.28

08:18

South Korea's Kospi falls 2%

South Korea's Composite Index fell 2%, SK Hynix fell nearly 4%, and Samsung Electronics fell more than 1%.

2025.02.27

16:28

Agency: Chinese TV brands will surpass South Korea in shipments for the first time in 2024, catching up with Samsung and surpassing LG Electronics in the high-end market

According to data released by market research firm CounterPoint Research on February 27, the global TV market brand shipments in 2024 will be 230 million units, a year-on-year increase of 2%. Looking at the fourth quarter alone, global shipments were 61 million units. From the perspective of manufacturer performance, Samsung Electronics ranked first with a 16% share, followed by Chinese TV brands TCL and Hisense, with shares of 14% and 12% respectively. LG Electronics ranked fourth with 10%. Samsung Electronics' shipment share in the high-end market in the fourth quarter was 29%, a year-on-year decrease of 12 percentage points. LG Electronics fell from 26% to 19%. On the contrary, TCL increased from 12% to 20%, surpassing LG Electronics and ranking second. Hisense also increased from 10% to 16%, closely following. On the other hand, China's TV shipments exceeded South Korea for the first time in 2024. According to data from market research firm Omdia, the combined shipment share of China's three major TV brands, TCL, Hisense and Xiaomi, reached 31.3%, exceeding the 28.4% of Samsung Electronics and LG Electronics.

2025.02.26

11:43

Samsung and Hyundai Motor complete private 5G RedCap technology pilot project

Hyundai Motor Company announced on February 26 that it had successfully completed a private 5G RedCap technology pilot project in collaboration with Samsung Electronics.

09:16

Samsung Foundry to Use Mitsui Chemicals' EUV Mask Film

Samsung Electronics' foundry business will buy billions of won worth of EUV (extreme ultraviolet lithography) pellicles from Mitsui Chemicals as chipmakers look to improve productivity in ultra-fine processing, industry sources said. Samsung will adopt EUV pellicles for mass production on its 3nm wafer foundry line at its S3 plant in Hwaseong, South Korea, after final testing.

2025.02.24

14:40

Agency: Hisense, TCL, and Xiaomi TV combined shipments surpass Samsung and LG for the first time

Data released by market research firm Omdia shows that by 2024, the combined shipments of Chinese TV brands Hisense, TCL, and Xiaomi will account for 31.3% of the global market, surpassing Samsung Electronics and LG Electronics' 28.4% for the first time. In terms of sales, although Samsung Electronics has ranked first in the global TV market for 19 consecutive years and LG Electronics has ranked first in the global OLED TV market for 12 consecutive years, the gap in China is narrowing.

13:14

Samsung Electronics Union: Samsung Electronics management and the union reached an agreement on a 5.1% salary increase.

2025.02.19

13:23

South Korea's largest semiconductor expo opens, with more than 500 chip companies including ASML participating

The Semiconductor Equipment and Materials International (SEMI) said on February 19 that South Korea's largest semiconductor exhibition "SEMICON KOREA" will open on the same day at the Korea International Exhibition Center (COEX) in Gangnam District, Seoul for three days. South Korea's two major chip giants - Samsung Electronics and SK Hynix, as well as Micron Technology, GlobalFoundries Semiconductor, Kioxia, ASML, Applied Materials (AMAT), Lam Research and Tokyo Electron (TEL) and more than 500 other chip companies will participate in the exhibition to introduce cutting-edge semiconductor technologies. Applied Materials, GlobalFoundries Semiconductor, Micron Technology, Infineon and Kioxia will also participate in export negotiations and hold business meetings with Korean companies.

2025.02.18

19:05

Samsung nominates three semiconductor industry veterans to board of directors

Samsung Electronics has nominated Jun Young-hyun, head of its chip business, and two other semiconductor experts to join its board of directors, subject to shareholder approval, according to a regulatory filing by Samsung Electronics on Tuesday. In addition, Samsung Electronics has nominated Song Jaihyuk, president and chief technology officer of Samsung Electronics' chip business and head of its semiconductor research and development center, as a member of the board. Samsung Electronics has also nominated Lee Hyuk-Jae, a professor at Seoul National University and a former Intel design engineer, as an external director.

16:58

Last year's list of bonuses for Korean executives was released, with Samsung Electronics' Lee Jae-yong leading the pack with 346.5 billion won

On February 18, the Korean corporate analysis and research organization "LEADERS INDEX" conducted a survey on 560 domestic companies and found that the total dividends distributed to shareholders by these companies in 2024 totaled 40.709 trillion won (about 205.2 billion yuan), an increase of 3.8458 trillion won year-on-year, an increase of 10.4%. In terms of individuals, Samsung Electronics Chairman Lee Jae-yong received the largest dividend amount of 346.5 billion won, an increase of 22.8 billion won year-on-year; Hyundai Motor Group Honorary Chairman Chung Mong-koo received 189.2 billion won, ranking second; Hyundai Motor Group Chairman Chung Eui-sun received 174.7 billion won, ranking third. Last year, there were seven companies whose dividends exceeded 1 trillion won, including Samsung Electronics (9.8107 trillion won), Hyundai Motor (3.1478 trillion won), Kia (2.559 trillion won), SK Hynix (1.5195 trillion won), etc. Among them, SK Hynix is the company with the fastest increase in dividend scale, with a year-on-year increase of 84.1% (694.1 billion won) last year.

2025.02.07

16:55

According to Yonhap News Agency: South Korean prosecutors will appeal the verdict against Samsung Electronics Chairman Lee Jae-yong in the 2015 merger case.

2025.02.04

07:46

OpenAI's Altman discusses collaboration with Samsung's Lee Jae-yong

South Korea's Maeil Business Newspaper, citing unnamed industry insiders, reported that OpenAI CEO Sam Altman will meet with Samsung Electronics Executive Chairman Lee Jae-yong on Tuesday to discuss cooperation in new businesses. OpenAI and Samsung are coordinating to sign an "open partnership" to combine cutting-edge technology with Samsung's products and services by joining forces with global artificial intelligence companies. The two companies may also discuss investment and cooperation in AI chips.

2025.01.31

17:35

The share prices of several Korean semiconductor companies fell on the 31st

According to Yonhap News Agency, on January 31, local time, the Korean Composite Stock Price Index closed at 2,517.37 points on the 31st, down 19.43 points from the previous trading day. Among them, the stock price of SK Hynix, a supplier of US chip giant Nvidia, plummeted 9.86%, the largest drop since August last year. In addition, the stock price of Samsung Electronics fell 2.42%, the stock price of Hanmi Semiconductor fell 6.14%, the stock price of LS Electric fell 5.33%, and the stock price of HD Hyundai Electric fell 7.87%.

10:02

Samsung Electronics: Plans to mass-produce the first generation 2nm chips in 2025.

09:55

Samsung Electronics: HBM shipments are expected to double in 2025 compared to 2024.

09:53

Samsung Electronics said HBM shipments will double by 2025.

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