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

    Samsung may be looking to launch a super app for mobile banking

    Samsung may be looking to launch a super app for mobile banking

    • By Adnan Farooqui
    • 1 day ago
    Samsung’s first acquisition in 7 years could be of an AC company

    Samsung’s first acquisition in 7 years could be of an AC company

    • By Adnan Farooqui
    • 2 days ago
    Samsung expects 2024 chip revenue returning to 2022 level

    Samsung expects 2024 chip revenue returning to 2022 level

    • By Adnan Farooqui
    • 5 days ago
    Samsung Electronics gets $4.3 billion from Samsung Display to fund semiconductor expansion

    Samsung Electronics gets $4.3 billion from Samsung Display to fund semiconductor expansion

    • By Adnan Farooqui
    • 6 days ago
    Samsung is building its own US factory for electric vehicle batteries

    Samsung is building its own US factory for electric vehicle batteries

    • By Adnan Farooqui
    • 6 days ago
    Samsung doubling down on AI to secure business growth

    Samsung doubling down on AI to secure business growth

    Amid uncertainties in the global business environment, Samsung is doubling down on what it considers to be a significant driver of future growth. We've seen an increasing application of artificial intelligence in its products, from smartphones to even washing machines, and the company has said it will continue to focus on AI to drive growth. […]

    • By Adnan Farooqui
    • 7 days ago
    Samsung ranks first in research and innovation in 2024

    Samsung ranks first in research and innovation in 2024

    Clarivate, an analytics company, has revealed the Top 100 Global Innovators 2024 list, ranking the world’s top hundred organizations in the field of research and innovation. According to it, Samsung Electronics is the number one research and innovation company in the world. While that’s a great achievement for the South Korean tech giant, it isn’t […]

    • By Abid Iqbal Shaik
    • 1 week ago
    Samsung expects $100 million revenue from chip packaging business

    Samsung expects $100 million revenue from chip packaging business

    Samsung Electronics held its 55th annual general shareholders meeting today at the Suwon Convention Center in Suwon, Gyeonggi-do, South Korea. The company revealed its strategy for this year and expects revenue of $100 from its chip packaging business. The company's 55th annual general shareholders meeting was attended by general shareholders, institutional investors, and top-level management […]

    • By Asif Iqbal Shaik
    • 1 week ago
    Samsung’s Bespoke AI Combo washer and dryer becomes instant hit in Korea

    Samsung’s Bespoke AI Combo washer and dryer becomes instant hit in Korea

    On 24 February 2024, Samsung Electronics launched a washer and dryer combo called Bespoke AI Combo in Korea. The product has received a great response from customers. Within three days of the launch, the company managed to sell one thousand units of the product, and within twelve days, the brand sold three units of the […]

    • By Abid Iqbal Shaik
    • 1 week ago
    Samsung will be sole display driver supplier for OLED Apple iPad Pros

    Samsung will be sole display driver supplier for OLED Apple iPad Pros

    Apple is developing six new iPad models. Among them are 11-inch and 12.9-inch iPad Pros. The tech giant is said to offer both tablets with OLED displays, and Samsung Display is one of the two companies supplying OLED panels for those models, with the other company being LG Display. Now, we have some more information […]

    • By Abid Iqbal Shaik
    • 2 weeks ago
    Samsung’s first XR headset could use Sony’s micro-OLED display

    Samsung’s first XR headset could use Sony’s micro-OLED display

    In February 2023, Samsung Electronics announced that it was developing an extended reality (XR) headset in collaboration with Google and Qualcomm. Fast forward to January 2024, Samsung Display unveiled its first-ever micro-OLED display (also known as OLED microdisplay and OLEDoS). Since then, everyone has been expecting Samsung Electronics to use this display from Samsung Display […]

    • By Abid Iqbal Shaik
    • 2 weeks ago
    Samsung could get $6 billion grant from the US for chip plants

    Samsung could get $6 billion grant from the US for chip plants

    Samsung Electronics, one of the biggest chip-making firms worldwide, has grand plans to make advanced semiconductor chips in the US. To help with its plans, the US government had announced grants and tax sops. The South Korean firm is now close to getting a huge helping hand from the US government. A $6 billion grant […]

    • By Asif Iqbal Shaik
    • 2 weeks ago
    As times change, Samsung’s executive team gets more youthful

    As times change, Samsung’s executive team gets more youthful

    Great companies adapt to changing times. As a conglomerate that's been around for decades, that's something Samsung is all too familiar with. The company's executive team has gradually been incorporating more younger members as the conglomerate seeks to diversify its management team to better respond to current challenges. An analysis based on its current business […]

    • By Adnan Farooqui
    • 2 weeks ago
    TSMC keeps beating Samsung in the foundry market, grows share

    TSMC keeps beating Samsung in the foundry market, grows share

    Samsung has long had its sights on cutting TSMC's lead in the global foundry market. TSMC has been in a commanding position for years and keeps growing its share, leaving Samsung far behind. The latest figures paint a similar picture. Not only did TSMC manage to grow its market share in the fourth quarter of […]

    • By Adnan Farooqui
    • 2 weeks ago
    Samsung denies using its rival’s tech for advanced memory chips

    Samsung denies using its rival’s tech for advanced memory chips

    It was reported yesterday that Samsung will start making advanced high bandwidth memory (HBM) chips, used for various applications including AI, with technology that's favored by its local rival SK Hynix. The company was reportedly making this switch to increase its yields of HBM chips. SK Hynix has managed to establish a solid footing for […]

    • By Adnan Farooqui
    • 2 weeks ago
    Samsung may use SK Hynix’s method to manufacture HBM3 chips

    Samsung may use SK Hynix’s method to manufacture HBM3 chips

    According to a new report from Reuters, Samsung Electronics will soon start using the same technology as SK Hynix does to manufacture HBM3 chips. Samsung uses the non-conductive film (NCF) method to stack layers of chips in high bandwidth memory (HBM) chips. Reportedly, this method works well for chips with a lower number of layers […]

    • By Abid Iqbal Shaik
    • 2 weeks ago
    Samsung SDI could start mass producing 46xx batteries next year

    Samsung SDI could start mass producing 46xx batteries next year

    In May 2022, Samsung SDI revealed that the company was developing cylindrical batteries with a 46mm diameter and that it would finalize the design of those batteries by 2023. Now, the CEO of Samsung SDI, Yoon Ho Choi, has announced that the company will make the batteries with 46mm diameter ready for mass production by […]

    • By Abid Iqbal Shaik
    • 2 weeks ago
    Samsung has a plan to reap more profits this year

    Samsung has a plan to reap more profits this year

    2023 was a bad year for Samsung, as the demand for chips fell along with their prices. The company's cash cow reported a loss for the first time in its history. As a result, Samsung Electronics' profit was the lowest in recent years. However, things are expected to improve in the coming months, and Samsung […]

    • By Asif Iqbal Shaik
    • 2 weeks ago
    Huawei could soon steal the foldable smartphone crown from Samsung

    Huawei could soon steal the foldable smartphone crown from Samsung

    Samsung has been the king of the foldable smartphone market since the launch of the Galaxy Fold in 2019. However, the company will lose its crown soon, at least as per a new report. And it would be none other than Huawei that would steal Samsung's crown. Huawei could overtake Samsung in foldable smartphone market […]

    • By Asif Iqbal Shaik
    • 2 weeks ago
    Samsung isn’t selling old chip-making equipment fearing US sanctions

    Samsung isn’t selling old chip-making equipment fearing US sanctions

    Samsung Foundry is among the world's biggest semiconductor chip makers. It frequently upgrades to newer and more advanced chip-making equipment. Usually, the companies making chips sell older equipment once they are phased out from their lineups, but Samsung and SK Hynix have stopped selling their older equipment, fearing backlash from the US. Older chip-making equipment […]

    • By Asif Iqbal Shaik
    • 2 weeks ago
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