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    Probe against Samsung heir Lee Jae-yong could be reviewed by outside committee

    Probe against Samsung heir Lee Jae-yong could be reviewed by outside committee

    An outside committee could review the ongoing probe that's looking into corruption allegations against Samsung Group's Vice President Lee Jae-yong. A civilian panel will decide today whether it is necessary for the prosecution to assemble a panel of outside experts to review the validity of the ongoing case against the company's heir. Seoul's Central District […]

    • By Asif Iqbal Shaik
    • 4 years ago
    Samsung is reportedly reviewing its PR agency amid concerns over growth

    Samsung is reportedly reviewing its PR agency amid concerns over growth

    Samsung has been facing daunting challenges in the mobile industry in the last couple of years. The company’s dominance in the smartphone market has been threatened by the aggressive expansion of many Chinese brands. Though Samsung is still the largest smartphone vendor in the world, growth has either stagnated or facing a decline in many […]

    • By Naresh
    • 5 years ago
    Samsung to review possibility of splitting the company even as the chief languishes behind bars

    Samsung to review possibility of splitting the company even as the chief languishes behind bars

    Elliott Associates, a minority shareholder of Samsung Electronics, sent the company a corporate restructuring proposal last year which called for splitting Samsung Electronics into two. The hedge fund proposed that Samsung Electronics should be split up into an operating and a holding company. Samsung didn't agree with everything that the hedge fund proposed but it […]

    • By Adnan Farooqui
    • 7 years ago
    Samsung may finally spend its $60 billion cash to buy companies

    Samsung may finally spend its $60 billion cash to buy companies

    It's not uncommon for companies that have deep pockets to fuel growth through mergers and acquisitions. Samsung is certainly one with deep pockets as its cash reserves are in excess of $60 billion. However, the company has been out of the M&A market since 2017 when it acquired Harman for $8 billion. That might change […]

    • By Adnan Farooqui
    • 3 months ago
    When people see Sam, they want to buy more Galaxy devices

    When people see Sam, they want to buy more Galaxy devices

    Do you remember Sam? Samsung's virtual influencer whose purpose was unknown until she launched her own blog earlier this year? Only for said blog to lack any content updates post-launch? Well, after a few months of falling off the radar, Sam stepped back into the spotlight. And according to Samsung, the virtual influencer was instrumental […]

    • By Mihai Matei
    • 9 months ago
    Samsung aims to integrate advanced Israeli tech into its smartphones

    Samsung aims to integrate advanced Israeli tech into its smartphones

    With an aim to integrate the advanced technology of Israeli startups and tech companies into its mobile devices and products, Samsung has launched a tech accelerator program. According to a new report, as a part of this tech program, Samsung will be funding selected Israeli startups with a grant of $50,000 each. Additionally, the South […]

    • By Sagar Naresh
    • 1 year ago
    Samsung CMO: It’s time for marketing to grow up and here’s how

    Samsung CMO: It’s time for marketing to grow up and here’s how

    Being one of the largest and most multifaceted conglomerates in the history of mankind, Samsung isn't lacking in the desire to change the world, nor the talent to do it. Marketing is no exception to that rule, as illustrated by the contribution Benjamin Braun, Samsung's European CMO, made to Build Brilliant Brands. That would be the […]

    • By Dominik Bosnjak
    • 4 years ago
    Samsung shares drop following reduction in stock price target by Morgan Stanley

    Samsung shares drop following reduction in stock price target by Morgan Stanley

    Samsung's smartphone sales have been going strong, but they haven't been the primary reason for the record profits the company has attained in the last two quarters. An increase in demand and prices for memory chips for smartphones and servers is what truly helped, but it looks like the chip business may not offer the […]

    • By Abhijeet Mishra
    • 6 years ago
    Samsung’s Q3 2017 earnings may beat expectations

    Samsung’s Q3 2017 earnings may beat expectations

    It has a very good year for Samsung in terms of financials, especially after what happened last year with the Galaxy Note 7 and its heir apparent's arrest on bribery charges earlier this year. The company leapfrogged Apple last quarter in terms of earnings, and it is now being reporeted that the company's Q3 2017 […]

    • By Asif Iqbal Shaik
    • 7 years ago
    Samsung heir Lee Jae-yong to be questioned as a suspect in political scandal

    Samsung heir Lee Jae-yong to be questioned as a suspect in political scandal

    Authorities in South Korea have been investigating a political scandal that has already led to the impeachment of President Park Geun-hye. Some of the country's largest business conglomerates, including Samsung, are believed to have given money to a close personal friend of a president in order to gain influence. Samsung executives have already been questioned […]

    • By Adnan Farooqui
    • 7 years ago
    Samsung reportedly gives up on Magneti Marelli acquisition

    Samsung reportedly gives up on Magneti Marelli acquisition

    We first heard about Samsung's interest in auto parts giant Magneti Marelli earlier this year when it was reported that the Korean company was interested in acquiring this Fiat Chrysler subsidiary. Samsung interest was said to be in Magneti Marelli's telematics, entertainment and lighting capabilities and was expected to pay as much as $3 billion […]

    • By Adnan Farooqui
    • 7 years ago
    Wear OS smartwatch market share grows, thanks to Samsung

    Wear OS smartwatch market share grows, thanks to Samsung

    There's some good news for Samsung and the Wear OS segment overall. A new report indicates that sales of Wear OS-based smartwatches will improve considerably this year. This will come at the expense of Apple's WatchOS, which is quite interesting. Wear OS smartwatches sales to increase in 2024 According to a new report from Counterpoint […]

    • By Asif Iqbal Shaik
    • 5 days ago
    Samsung plans to start mass production of 2nm GAA chips next year

    Samsung plans to start mass production of 2nm GAA chips next year

    In the past few years, Samsung has seen a tremendous slowdown in its semiconductor chip foundry business. No big-name chip firm (apart from Samsung's System LSI division that makes Exynos chips) has used Samsung Foundry's 3nm and newer-generation 4nm process nodes. However, the company is still marching ahead with the development of newer chip process […]

    • By Asif Iqbal Shaik
    • 6 days ago
    Samsung boss shores up alliance with Zeiss for advanced chip manufacturing

    Samsung boss shores up alliance with Zeiss for advanced chip manufacturing

    Samsung Electronics is shoring up its ties with Zeiss, the only supplier of optical systems to EUV chipmaking machine manufacturer ASML, in a bid to strength its next-gen chip manufacturing capabilities. The company's executive vice chairman Lee Jae-yong met with Karl Lamprecht, CEO of Zeiss, during a visit to Zeiss headquarters in Oberkochen, Germany. The […]

    • By Adnan Farooqui
    • 7 days ago
    Top-level visits underway as Samsung seeks turnaround in China

    Top-level visits underway as Samsung seeks turnaround in China

    China is an important market and while Samsung once enjoyed a considerable share in the country's smartphone market, it has since fallen to 0%. The company needs to do a lot more than just launch basic phones to revive its fortunes in the lucrative market. Samsung has set up a dedicated team to pursue a […]

    • By Adnan Farooqui
    • 1 week ago
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