Samsung Electronics

2024.12.26

14:24

Hyundai Motor reportedly in talks with Samsung on self-driving chip foundry

Hyundai Motor is reportedly in talks with Samsung Electronics to manufacture chips for self-driving cars.

2024.09.12

06:40

Samsung Electronics said to plan global layoffs, up to 30% in some divisions

Asia Tech Wire (Sep 12) -- Samsung Electronics, the world's largest maker of smartphones, TVs and memory chips, is cutting its overseas workforce by as much as 30% in some divisions, according to Reuters.

2024.08.01

05:35

Samsung Electronics, labor union fail to reach agreement on wage talks

Asia Tech Wire (Aug 1) -- Samsung Electronics and its largest labor union have failed to reach an agreement on wage talks, according to Yonhap News Agency.

2024.07.29

07:11

Samsung Electronics, labor union restarts wage talks for 3 days

Asia Tech Wire (July 29) -- Samsung Electronics and its largest labor union restarted salary negotiations for 3 days on Monday afternoon.

2024.07.02

06:57

Samsung Electronics plans to make Vietnam its largest display module production base

Asia Tech Wire (July 2) -- Samsung Electronics plans to make Vietnam its largest production base for display modules.

2024.05.24

02:49

Samsung Electronics denies reports of failure in tests to supply HBM chips

Asia Tech Wire (May 24) -- South Korea's Samsung Electronics has denied reports that tests to supply HBM chips have failed.

2024.02.22

09:25

Samsung plans to bring Galaxy AI to some Galaxy wearables soon

Asia Tech Wire (Feb 22) -- Samsung Electronics plans to bring Galaxy AI features to some of its Galaxy wearable devices soon, a Samsung executive said.

2024.01.30

03:46

Intel replaces Samsung as world's largest semiconductor company in 2023

Asia Tech Wire (Jan 30) -- Intel Corp. has replaced South Korea's Samsung Electronics as the world's largest semiconductor company in 2023, according to technology market research firm Counterpoint.

2023.11.09

08:01

Samsung launches generative AI model built for devices

Asian Tech Press (Nov 9) -- South Korea's Samsung Electronics on Wednesday unveiled a new generative artificial intelligence model and hinted that the software will soon be used in its devices.

2022.04.06

03:29

Samsung Electronics likely to post highest Q1 profit since 2018

Asian Tech Press (Apr. 6) -- South Korean chipmaker Samsung Electronics is likely to post its highest first-quarter profit since 2018, according to Reuters.

2022.02.24

13:00

Samsung Electronics reduces 13 subsidiaries in 2021

Asian Tech Press (Feb 24) -- South Korean chipmaker Samsung Electronics has already cut 13 subsidiaries in 2021.

2022.02.22

16:00

Samsung Electronics spends a record $18.9 billion on R&D in 2021

Asian Tech Press (Feb 22) -- South Korean chipmaker Samsung Electronics has spent a record high of about 22.6 trillion won ($18.9 billion) on R&D in 2021, aiming to beat TSMC by 2030.

2021.12.20

05:46

LG said to supply OLED panels for Samsung high-end TV

Asian Tech Press (Dec 20) -- Samsung Electronics Co. will reportedly use LG Display's OLED panels in its high-end TVs next year.

04:16

Samsung Electronics adjusts business strategy in China to achieve sales breakthrough

Asian Tech Press (Dec 20) -- According to industry sources, Samsung has set up a new China team, marking a change in Samsung's strategy to re-enter Asia's largest market, which local manufacturers already dominate.

03:41

Beats TSMC! Samsung to get Tesla's next-generation self-driving chip foundry order

Asian Tech Press (Dec 20) -- According to media reports, Samsung Electronics, which has a significant share of the chip foundry market, will beat TSMC, the world's largest chip foundry, to win the foundry contract for Tesla's next-generation self-driving chip.

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Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27