South Korean multinational electronics company
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Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in the Yeongtong District of Suwon. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012. Samsung Electronics has played a key role in the group's corporate governance due to circular ownership. Samsung Electronics has assembly plants and sales networks in 74 countries and employs around 290,000 people. It is majority-owned by foreign investors. It is the world's largest manufacturer of consumer electronics by revenue. As of 2019, Samsung Electronics is the world's second largest technology company by revenue, and its market capitalization stood at US$301.65 billion, the 18th largest in the world.
Samsung profits likely at two-year high
Credit: Reuters Studio Duration: 01:15Published
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Lee Kun-Hee, Force Behind Samsung’s Rise, Dies at 78Lee Kun-hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died. He was 78. A Samsung statement said Lee died..
Samsung chairman Lee Kun-hee dies at 78Photo credit should read JUNG YEON-JE/AFP/Getty Images Samsung Electronics has announced the death of its chairman, Lee Kun-hee. The company says he died on October 25th with family including his..
Also reported by •New Zealand Herald
Lee Kun-Hee, Samsung Electronics chairman, dies at 78Lee Kun-hee, the ailing Samsung Electronics chairman who transformed the small TV maker into a global giant of consumer electronics, has died.
Samsung digs in deep for the chip warsSEOUL – IBM and Nvidia are two vastly different tech businesses but have one thing in common: They both recently announced that Samsung Electronics are making their most advanced semiconductors. IBM..
Samsung wins $6.6 billion Verizon 5G orderChina may dump US Treasuries as Sino-US tensions flare Samsung Electronics clinched a US$6.6 billion agreement to provide 5G network equipment to Verizon in the United States, a regulatory filing..
The Galaxy Z Fold 2 is Samsung’s big promise that it can fix its foldable futureImage: Samsung Samsung’s first look at the upcoming Galaxy Z Fold 2 during its Unpacked event seemed to spend more time focusing on how the new model fixes the flaws of the original rather than..
Samsung Electronics net profit climbs 7.3% in Q2Samsung Electronics reported Thursday its net profit grew 7.3 percent year-on-year in the second quarter, with strong demand for memory chips overcoming the impact of the coronavirus pandemic on..
S.Korea's Samsung Electronics sees double-digit growth in Q2 operating profitSEOUL, July 30 (Xinhua) -- Samsung Electronics, South Korea's tech giant, saw a double-digit growth in its second-quarter operating profit as the COVID-19 outbreak increased demand for semiconductors..
Google in talks to take over more search tasks on Samsung phonesAlphabet Inc.’s Google and Samsung Electronics Co. are negotiating a major deal that would give Google products more prominence on the South Korean company’s smartphones, according to..
South Korean court denies arrest warrant request for Samsung heirA South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation.
Samsung heir appears in court, awaits decision on whether he'll be jailed againSamsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail after more than two years of freedom, as new allegations dog the executive..
Samsung heir appears in court for arrest warrant hearingSamsung Group heir Jay Y. Lee appeared in court on Monday for a hearing to determine whether he should be jailed over allegations of accounting fraud, in his latest brush with the law at South Korea's..
Court to decide whether to jail embattled Samsung heir againA South Korean court will rule as soon as Monday whether to send Samsung Group heir Jay Y. Lee back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall..
South Korea seeks arrest of Samsung heir Lee in succession probeSouth Korean prosecutors have requested an arrest warrant for Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a 2015 merger and alleged accounting fraud in a suspected bid..
Also reported by •Reuters India
Samsung Electronics' operating profit beats market expectations in Q1SEOUL, April 7 (Xinhua) -- Samsung Electronics, South Korea's tech behemoth, saw its first-quarter operating profit beat market expectations, regulatory filing data showed Tuesday. Operating profit..
Olympics delay deals setback to Samsung's plans to win over Japan marketFor Samsung Electronics Co Ltd , the 2020 Tokyo Olympics were going to be its springboard to attain a long-held goal - making significant inroads into Japan's lucrative smartphone market where Apple..
Samsung Elec says to remain committed to support the Tokyo OlympicsSouth Korea's Samsung Electronics Co Ltd said on Wednesday it remains fully committed to supporting the Olympic movement globally.
Samsung, Hyundai workers self-quarantine as precautionSEOUL--Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from disrupting..
Samsung Electronics confirms coronavirus case at phone factory complex in South KoreaSamsung Electronics said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there..
Samsung offers phone delivery service for test use to ride out coronavirus impactSamsung Electronics has launched smartphone delivery services for customers to test its new products, as the spread of the coronavirus has prompted the tech giant to cancel promotional events and brace..
COVID-19's impact on 5G will be limited: Samsung, LGRoh Tae-moon, Samsung Electronics' mobile chief, previews the Galaxy S20 Ultra 5G during the Galaxy Unpacked 2020 event at the Palace of Fine Arts in San Francisco, Calif., the United States, Feb. 11...
Samsung's jailed board chairman quitsSamsung Electronics' board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
Samsung Electronics board chairman jailed for union-busting activities offers to resignSamsung Electronics said on Friday that board chairman Lee Sang-hoon, who was sentenced to jail in December for sabotaging union activities, had offered to resign, without elaborating on a reason.
Samsung Electronics says its board chairman offers to resignSamsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
Samsung unveils compact foldable phone, 5G Galaxy S20 to fend off Apple, HuaweiSamsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain..
Samsung unveils foldable Galaxy Z phone, challenging Apple design and techSamsung Electronics on Tuesday unveiled a square-shaped foldable smartphone, its second try at a novel technology that the Korean cell phone maker hopes will set it apart from rivals Apple Inc and..
Samsung Electronics extends holiday closure for 'some production facilities' in ChinaSouth Korea's Samsung Electronics Co Ltd said it has extended the holiday closure for "some of its production facilities" in China in line with guidance from Beijing aimed at containing the outbreak of..
Samsung operating profit falls 34% but beats analyst estimatesSamsung Electronics has projected a fifth straight quarterly decline in profit but that guidance was better than expectations, with analysts forecasting a rebound this year in the memory chip market as..
Samsung Electronics says profit fall likely milder than forecasts as chip prices bottom outSamsung Electronics Co Ltd on Wednesday said quarterly operating profit likely fell at a milder pace than analysts forecast, indicating memory chip prices bottomed out and strengthening hope of..
Samsung Electronics flags smaller-than-expected profit fall as chip market bottoms outSamsung Electronics Co Ltd on Wednesday flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated,..
Samsung flags smaller-than-expected fall in fourth quarter profit as chip price fall easesSamsung Electronics flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, strengthening hopes of a..
Samsung fourth quarter profit likely fell 34%, beating market estimatesSamsung Electronics said on Wednesday its operating profit likely slumped 34% in the fourth quarter, beating analysts' forecasts, dogged by a year-long downturn in the memory chip market.
Samsung to draw line under lackluster 2019 with chip revival in storeWith Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant's ills..
Samsung Electronics says will unveil 'innovative devices' on February 11Samsung Electronics said on Sunday that it will introduce new, innovative devices in San Francisco on Feb. 11, with the electronics giant widely expected to unveil its new foldable phone and a new..
South Korea jails three Samsung Electronics executives over evidence destroyed in probe of alleged fraudA South Korean court on Monday jailed three executives of Samsung Electronics for their role in a plot that included burying computers under factory floors at its biotech affiliate, in an investigation..
Huawei banks on strong smartphone growth despite blacklistHuawei Technologies Co expects smartphone shipments to grow 20 per cent next year — about the same pace as in 2019 — even if it’s blocked from the latest Google software, suggesting the Trump..
Samsung flags smartphone profit fall, upbeat on chipsSamsung Electronics warned of a smaller mobile business profit on Thursday as its rival Apple gave a positive iPhone sales outlook, dampening hopes new models will help the world's largest smartphone..
Vietnam is winning from the trade war. News from Google is the latest sign.The U.S.-China trade war is clearly putting a dent in China’s economy, but it seems to be helping one of its neighbors: Vietnam. While the Southeast Asian country has built up a strong manufacturing..