Samsung Electronics

Samsung Electronics (OTC:SSNLF), the world’s top producer of smartphones, TVs, and memory chips, is reportedly planning to reduce its overseas workforce in some divisions by up to 30%. The South Korea-based tech giant has instructed its global subsidiaries to decrease sales and marketing...

Samsung Electronics’ latest high bandwidth memory (HBM) chips have reportedly failed the tests conducted by Nvidia (NASDAQ:NVDA) for use in its AI processors. The failure is attributed to issues related to heat and power consumption. What Happened: The problems are linked to Samsung’s...

Samsung Electronics Co., Ltd. (OTC:SSNLF) has announced a nearly tenfold surge in its first-quarter operating profit. The significant increase is primarily attributed to a strong recovery in the company’s chip business. What Happened: Samsung Electronics’ semiconductor division...

As the tech industry navigates through a period of fluctuating chip prices, Samsung Electronics (OTC:SSNLF) has emerged with a forecast that signals a robust first-quarter performance, potentially setting a positive tone for its financial year. This comes at a time when Apple Inc. (NASDAQ:AAPL) is...

In a final court hearing, Jay Y. Lee, the chief of Samsung Electronics (OTC:SSNLF), faces allegations of fraud and stock manipulation connected to an $8 billion merger. What Happened: As reported by Reuters, prosecutors have asked for a five-year prison sentence for Lee, related to a 2015 merger of...

Consumer electronics company Samsung launched a security system, dubbed The Knox Matrix system, for its smart gadgets. The system seeks to strengthen the security of a multi-device environment with each smart device monitoring others and sharing access information to make login processes easier....

Apple Inc (NASDAQ: AAPL) supplier Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) will get its hands on Netherlands-based ASML Holding NV's (NASDAQ: ASML) most advanced chip-making tool in 2024, Reuters reported, citing company executives. What...

Apple Inc. (NASDAQ: AAPL) continued to dominate the global tablet market in the second quarter, but rivals such as Amazon.com Inc. (NASDAQ: AMZN) and Samsung are seeing faster growth, according to data from IDC. What Happened: Apple shipped 12.9 million iPads in the second quarter of 2021 and...

Prosecutors in South Korea have filed an arrest warrant against Jay Y. Lee, the anointed heir to the Samsung Group and Vice Chairman of Samsung Electronics Co Ltd. (OTC: SSNLF)  What Happened The arrest warrant request came Thursday as a part of an investigation into an alleged...

Hyundai Motor Company's (OTC: HYMTF) shares dipped on Friday's trade in Seoul as the company's production is hit by the spread of the COVID-19 coronavirus. What Happened The South Korean automaker has shut down a factory in the city of Ulsan after a worker tested positive for the...

Samsung Electronics (OTC: SSNLF) has displayed its 5G-compatible S20 mobile devices in the US. What Happened Samsung released its S20 flagship series featuring phones such as Galaxy S20, Galaxy S20 Plus, and Galaxy S20 Ultra at an event in San Francisco. The tech giant also presented a...

S&P 500's (INDEXSP: .INX) largest company by market cap has topped profit and sales estimates during the holiday quarter. Apple Inc.'s (NASDAQ: AAPL) stock has increased more than 2 percent in after-hours trading after the results were announced on Tuesday, January 28th. This added to a...

A trial involving Samsung (KRX: 005930) heir Lee Jae-yong has started on Friday, Oct. 25, in Seoul. Lee has been charged with bribery and embezzlement. What Happened Lee is being tried at the Seoul High Court after the country’s highest court overturned a lower court decision and ordered...

Advanced Micro Devices, Inc. (NASDAQ: AMD) rallied after announcing a strategic partnership in which Samsung will license AMD graphics IP. AMD will license custom graphics IP-based on the RDNA graphics architecture to Samsung for use in mobile devices, including smartphones and other products...

Since its awakening in 2009, when it conceded to the criticisms of dissatisfied customers and reinvented its ingredients, Domino’s Pizza, Inc. (NYSE: DPZ) has had a near-complete turnaround. Its stock is up 5,557 percent since its late-2008 nadir. It opened its 14,000th shop this year and...