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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.
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]