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Latest Business news

Here you will find the latest news and most recent developments on the Business, with regular updates and all the information you need.

Samsung’s global boss visits India to review business operations

Samsung’s global boss visits India to review business operations

  • By Asif Iqbal Shaik
  • 2 days ago
Samsung aims to sell 10% more Galaxy Z Fold 6, Flip 6

Samsung aims to sell 10% more Galaxy Z Fold 6, Flip 6

  • By Abid Iqbal Shaik
  • 3 days ago
Samsung claims its 3nm chips have stable performance and yield

Samsung claims its 3nm chips have stable performance and yield

  • By Asif Iqbal Shaik
  • 4 days ago
Samsung’s Vietnam facilities to use more green energy

Samsung’s Vietnam facilities to use more green energy

  • By Adnan Farooqui
  • 4 days ago
Samsung on alert as major chip rival seeks to poach top talent

Samsung on alert as major chip rival seeks to poach top talent

  • By Adnan Farooqui
  • 5 days ago
Samsung consolidates various HBM teams into one

Samsung consolidates various HBM teams into one

For the last couple of years, artificial intelligence or AI has been the buzzword in the technology industry. It gained popularity with the rise of GenAI-powered chatbots, such as Google’s Gemini, Microsoft’s Copilot, and OpenAI’s ChatGPT.  In most cases, these chatbots process user requests on cloud-based servers powered by hardware components that specialize in carrying […]

  • By Abid Iqbal Shaik
  • 5 days ago
Samsung workers continue their strike for second day, demand pay raise

Samsung workers continue their strike for second day, demand pay raise

Last month, it was revealed that the Samsung workers' union had decided to go on a three-day strike to demand a pay raise. Yesterday, the workers' union started its strike, and it will continue today, entering its second day. This is the first unionized strike in Samsung's 55-year history. Thousands of Samsung employees are on […]

  • By Asif Iqbal Shaik
  • 5 days ago
Samsung to make 2nm AI chips for Japanese firm Preferred Networks

Samsung to make 2nm AI chips for Japanese firm Preferred Networks

Samsung has announced it will make 2nm semiconductor chips for Japanese AI firm Preferred Networks and offer advanced packaging for them. This announcement is in line with an earlier report that claimed the same. Samsung Foundry to make 2nm AI chips for preferred networks Samsung Foundry has finally received the first client for its 2nm […]

  • By Asif Iqbal Shaik
  • 5 days ago
Samsung’s profit surged 15x in Q2 2024, thanks to the AI boom

Samsung’s profit surged 15x in Q2 2024, thanks to the AI boom

Samsung has had a rough couple of years, but the company has emerged with full force to ride the AI boom. The company revealed that it expects its Q2 2024 operating profit to surge 15x, thanks to strong sales of semiconductor chips. These figures are better than market estimates. Samsung's Q2 2024 profit could be […]

  • By Asif Iqbal Shaik
  • 1 week ago
Samsung’s stock sees biggest jump since May on NVIDIA hopes

Samsung’s stock sees biggest jump since May on NVIDIA hopes

It was reported earlier this year that Samsung could become the sole supplier of HBM3E memory modules to NVIDIA. Subsequent reports claimed that the modules had failed NVIDIA's quality tests. While the company's CEO Jensen Huang later confirmed that wasn't the case, he did mention that the chips continue to be evaluated. Since then, there […]

  • By Adnan Farooqui
  • 1 week ago
Pixel phones will no longer use processors made by Samsung

Pixel phones will no longer use processors made by Samsung

Since the launch of the first Pixel phone with a Tensor chip, Google has always got its chip fabricated by Samsung Foundry. However, that will change next year, as Google wants to switch to TSMC for more reliable quality and yield. Information about the Pixel 10 processor has now been revealed. Pixel 10 processor, 3nm […]

  • By Asif Iqbal Shaik
  • 2 weeks ago
Samsung sets new sales record for its ultra-large TVs

Samsung sets new sales record for its ultra-large TVs

Samsung was the largest TV maker globally in 2023, making it the 18th consecutive year the company has been the largest TV brand around the world. Now, the tech giant has set a new TV sales record in its home country, South Korea. Samsung has announced that the sales of the company’s ultra-large TVs, the […]

  • By Abid Iqbal Shaik
  • 2 weeks ago
Samsung’s new OLED display to power next-gen iPhone and Pixel

Samsung’s new OLED display to power next-gen iPhone and Pixel

Samsung is not only the world's biggest smartphone brand but also the world's biggest maker of mobile OLED panels. Apple uses Samsung Display's best OLED panels each year in high-end iPhones. And the same is expected to be true for the next-generation iPhone series, the iPhone 16. iPhone 16 and Pixel 9 could use Samsung's […]

  • By Asif Iqbal Shaik
  • 2 weeks ago
Samsung was the second-biggest tablet brand in the USA

Samsung was the second-biggest tablet brand in the USA

Samsung was the second-biggest tablet brand in the USA, ranking one spot lower than Apple in Q1 2024. While Samsung may not have been able to defeat Apple, the South Korean firm managed to increase its market share by two percentage points, which is a good sign. Samsung was the second-biggest tablet brand in USA […]

  • By Asif Iqbal Shaik
  • 2 weeks ago
Samsung could supply 5G networking gear to Indian network carrier Vi

Samsung could supply 5G networking gear to Indian network carrier Vi

Samsung Networks, the telecommunication networking division of Samsung Electronics, is among the world's biggest telecom equipment manufacturers. It has been revealed that Samsung Networks has been in talks with Indian network carrier Vi (Vodafone Idea) to supply 4G and 5G networking gear. Vi (Vodafone Idea) in talks with Samsung Networks for 4G and 5G vRAN […]

  • By Asif Iqbal Shaik
  • 2 weeks ago
Samsung taking a $3.6 billion loan to build more chip factories

Samsung taking a $3.6 billion loan to build more chip factories

Samsung is investing heavily in chip factories at home in South Korea and overseas as it looks to better compete against its rivals in the segment. The company is funding many of these endeavors from its own deep pockets and is also capitalizing on loans, incentives, and grants being offered by various governments to build […]

  • By Adnan Farooqui
  • 2 weeks ago
Samsung plans 15-20% price hike on enterprise memory due to AI

Samsung plans 15-20% price hike on enterprise memory due to AI

AI, specifically Generative AI, is the new big thing tech companies are chasing. It seemingly defines this generation of mobile devices, computers, and services, and its increase in popularity will create ripple effects across some industries. Memory is among those segments driven in large part by AI, and Samsung Electronics may have much to win […]

  • By Mihai Matei
  • 2 weeks ago
iPhone and iPad users can now enjoy AirPlay on Samsung hotel TVs

iPhone and iPad users can now enjoy AirPlay on Samsung hotel TVs

We rarely see Samsung excited about promoting an Apple feature, but believe it or not, the worlds of Samsung and Apple sometimes collide to the benefit of the users. This kind of rare event was exemplified perfectly by a recent development in Samsung Electronics' range of Hospitality TVs. First, what are Samsung Hospitality TVs? In […]

  • By Mihai Matei
  • 3 weeks ago
Samsung Semiconductor led Q1 2024 but Foundry was nowhere near TSMC

Samsung Semiconductor led Q1 2024 but Foundry was nowhere near TSMC

Although Samsung is far from leading the foundry market, the company's semiconductor business in Q1 2024 was in the best place imaginable. Market watchers say that Samsung was the top semiconductor player globally in Q1 2024, beating Nvidia, Intel, and others. First, the good news. According to Counterpoint Research, Samsung captured 1st place in the […]

  • By Mihai Matei
  • 3 weeks ago
Samsung Repair Bus will cover almost all of Germany by end of 2025

Samsung Repair Bus will cover almost all of Germany by end of 2025

Samsung's Repair Bus service is coming to more regions across Germany. The company has partnered with Likewize to expand the Repair Bus's area of operation and has big plans to cover almost every city by the end of 2025. If you don't know, Samsung Repair Buses are mobile workshops fully equipped with the necessary tools […]

  • By Mihai Matei
  • 3 weeks ago
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