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Samsung rival introduces cheaper 4nm chips, vows to bring 1.6nm chips in 2026
Samsung Foundry and TSMC are the world's most advanced contract chip manufacturers, and TSMC has had the upper hand over the past few years. While Samsung has been trying to up its game, it hasn't succeeded. With its 3nm chip fabrication process, the South Korean firm had hoped to win back big-name clients, but even […]
- By Asif Iqbal Shaik
- 14 hours ago
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
- 22 hours ago
Samsung Innovation Campus’ second season aims to upskill Indian youth in AI
Samsung has announced the launch of the second season of Samsung Innovation Campus, a teaching program that aims to upskill youth in emerging technologies. The company's national skilling program is aimed at people aged 18-25 years and will teach students about AI, Big Data, coding, and IoT (Internet of Things). Samsung Innovation Campus will enhance […]
- By Asif Iqbal Shaik
- 2 days ago
Samsung SDI to showcase batteries with 20 years lifespan, 9 minute fast charging
At the InterBattery 2024 event last month, Samsung SDI made quite a few announcements. First, it unveiled the roadmap for the mass production of the All-Solid-State Battery (ASB). Second, the company revealed that the ASB has a 900Wh/L density, the highest in the industry. Third, the tech giant showcased the Super Gap technology which can […]
- By Abid Iqbal Shaik
- 2 days ago
Microsoft seeks Samsung partnership to boost AI capability
The era of artificial intelligence is upon us and some of the world's biggest companies are looking for new partnerships to boost their AI capabilities. As a leading supplier of high-performance memory solutions, crucial for AI chips, Samsung finds itself in an enviable position. It's already collaborating with companies like NVIDIA on its upcoming AI […]
- By Daniel Scuteri
- 5 days ago
South Koreans spend most on phones, which is good news for Samsung
Last year was terrible for smartphone brands, as sales declined year-over-year. However, not everything was bad. People have actually started spending more on smartphones, and a new report reveals how much people spend on average. Consumers in Samsung's home country spent the most on average on smartphones, bringing a good outlook for Galaxy S and […]
- By Asif Iqbal Shaik
- 6 days ago
Samsung grew its smartphone market share in India, ranked first again
Despite challenging market conditions globally, Samsung has been quite resilient in India over the past year. While Apple stole Samsung's crown in 2023 worldwide, it isn't even close in the Indian market. In Q1 2024, Samsung was India's biggest smartphone manufacturer, and it achieved growth compared to Q1 2023. Samsung performed well in the Indian […]
- By Abid Iqbal Shaik
- 6 days ago
Samsung boss Lee Jae-yong becomes South Korea’s richest person
Samsung Electronics chairman Lee Jae-yong has topped Forbes' list of South Korea's wealthiest people for the first time in his life. Lee's net worth is KRW 15.81 trillion ($11.5 billion), which has recently risen by $3.5 billion. Lee Jae-yong becomes South Korea's richest person for the first time The increase in Lee Jae-yong's net worth […]
- By Asif Iqbal Shaik
- 1 week ago
China wants its cars to rule the world, Samsung sees an opportunity
If you've been hearing about China's exports of cars a bit more than usual recently, that's because China is absolutely crushing it in the market right now. Its car companies have become a real threat for legacy car manufacturers, and the Chinese show no signs of stopping. Modern cars, particularly electric cars, require a lot […]
- By Danny Dorresteijn
- 1 week ago
Samsung is under emergency mode, switches to six-day workweek
Last year was bad for Samsung. Its revenue and profit took extreme hits, and the company has been under pressure from competition and the global economic downturn. While its profit increased in the first quarter of this year, Samsung has reportedly switched to a six-day workweek to inject a sense of crisis in its employees. […]
- By Asif Iqbal Shaik
- 1 week ago
Samsung goes into emergency mode with 6-day work week
The Samsung Group wants to instill a sense of urgency in its business units as headwinds continue to hamper progress. To that end, it's introducing a 6-day work week for executives at Samsung Electronics. All executives, including those at manufacturing and sales divisions, will now work either on Saturday or Sunday as well after the […]
- By Daniel van Dorp
- 1 week ago
Samsung becomes No. 1 digital signage manufacturer for 15th consecutive year
Samsung has announced that according to a new market analysis by Omdia, the South Korean tech giant was the number one brand for digital signage in the world in 2023, making it the fifteenth consecutive year the company is leading in this space. According to the research firm, Samsung had a market share of 33% […]
- By Abid Iqbal Shaik
- 1 week ago
Samsung aims to ship over 50 million high-end Galaxy phones this year
Samsung has had excellent business in the first quarter of this year. The company's Galaxy S24 series, launched in January, has been very successful. The new smartphone lineup broke several pre-order records in multiple countries. As a result, Samsung has smashed its internal target for manufacturing phones and tablets. Samsung aims to ship 253 million […]
- By Asif Iqbal Shaik
- 2 weeks ago
Samsung gets $6.4 billion in incentives for its semiconductor chip plant in US
Last month, it was reported that Samsung could get a $6 billion grant from the US government to build advanced chip factories in the US. The US government has now officially announced that it is offering $6.4 billion in grants to Samsung Electronics for its chipmaking investments in Texas. Samsung will invest $44 billion to […]
- By Asif Iqbal Shaik
- 2 weeks ago
Samsung regains its number one position from Apple in global smartphone sales
Samsung regained its number-one position in the global smartphone market in Q1 2024. The South Korean firm defeated Apple just one quarter after it was pushed down to second, thanks to impressive sales of the Galaxy S24 series, which was launched in January earlier this year. Samsung sold over 60 million smartphones in Q1 2024 […]
- By Asif Iqbal Shaik
- 2 weeks ago
