Latest Samsung Electronics news

Samsung CEO reveals secret sauce that’ll help it leave Apple behind

Samsung and Apple inevitably end up being pitted against each other, such is the outsized shadow the two behemoths cast on the global electronics industry. So comments about either company from their executives tend to get noticed, because they give us a peek at their thought processes as they take on these challenges. Samsung has […]

By Danny Dorresteijn
4 days ago

Samsung to support 44 atheletes from Europe at Paris 2024 Olympic games

Samsung has always been a huge supporter of athletes and the Olympics. At this year's Olympic games in Paris, the South Korean firm will support 44 athletes (or athletic teams) from Europe, taking the overall figure to 57 worldwide. Samsung has been a Worldwide Olympic Partner since 1998. Samsung will support Team Samsung Galaxy athletes […]

By Asif Iqbal Shaik
5 days 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
6 days ago

Samsung leaders avoid risk even as company falls behind its rivals

Decisive leadership is what enabled Samsung to establish its dominance in lucrative industries such as memory chips, displays, and mobile devices. However, it appears that top leaders at the company now prefer to avoid risk, even as mounting business challenges make it fall behind rivals. Samsung faces a challenging business environment in all of its […]

By Adnan Farooqui
7 days ago

Samsung may reveal its $44 billion US chip investment next week

Samsung has invested a lot of money in its US chipmaking facilities. In addition to its existing facility, the company announced a $17 billion project in 2021 for a semiconductor plant in Taylor, Texas that's likely to begin mass production of chips later this year. The US government is focused on pumping up the local […]

By Adnan Farooqui
1 week ago

Samsung’s top acquisitions man returns as big deals expected

Samsung has not participated in the mergers and acquisitions market for more than 7 years, despite having more than $60 billion in cash that it could use to buy new companies. Its absence from this space was also partly due to the legal troubles of heir Lee Jae-yong, who only recently returned to the top […]

By Adnan Farooqui
1 week ago

Samsung’s product naming has a grammar problem

I'm a big fan of Samsung using proper nouns to label most of its home electronics. For instance, PC monitors names are no longer just a string of seemingly random letters and numbers. Instead, they belong to lineups named ‘Odyssey' or ‘ViewFinity.' It makes Samsung look better instead of coming across as a company that […]

By Mihai Matei
1 week ago

Samsung India announces Solve For Tomorrow 2024 innovation program for students

Samsung has announced the launch of the third edition of the Solve for Tomorrow program in India. The program aims to foster a culture of innovation among students. This year, the program has two tracks: School Track and Youth Track. This program is held in 63 countries globally. Over 2.3 million young people have participated […]

By Asif Iqbal Shaik
2 weeks ago

Samsung’s new Impulse app uses AI to help people with speech disorders

Samsung is now using artificial intelligence (AI) in various ways. The most prominent is Galaxy AI, a suite of AI-based tools and features that debuted with the Galaxy S24 series. But while Galaxy AI is meant to improve productivity and device customization, Samsung has also announced that it has developed Impulse — a new mobile […]

By Mihai Matei
2 weeks ago

US trade commission orders Samsung to stop unfair business practices with retailers

The US FTC (Fair Trade Commission) has ordered Samsung to stop unfair business practices in the country. The antitrust regulator said that Samsung can't demand retailers to offer it retail prices for their products. The company reportedly did so for six years before it faced a probe from the agency. It was reported that Samsung […]

By Asif Iqbal Shaik
2 weeks ago

Samsung’s stock expected to soar this year as memory chips recover

The supply glut in the memory chip market has severely impacted Samsung's profitability for the past couple of years, however, it appears that things might finally be turning around for the company. The earnings guidance that Samsung released last week seems to suggest so. No surprise, then, that market analysts are now expecting Samsung's stock […]

By Adnan Farooqui
2 weeks ago

Samsung’s profit rises by 931% in Q1 2024 as chip sales recover

Samsung has been struggling over the past couple of years, especially due to its most important product: memory chips. However, things now seem to be improving financially, as the company has reported a huge rise in its profit. Earlier today, Samsung revealed its earnings guidance for Q1 2024. Samsung's profit rises 931% on the back […]

By Asif Iqbal Shaik
2 weeks ago

Samsung pushes the HBM envelope with new 16-stack module

High-bandwidth memory or HBM is crucial for AI semiconductors. Samsung's viewing the AI goldfish as the perfect opportunity to sell a lot of its HBM modules. The company has already won a lot of praise from existing leaders in the segment like NVIDIA. Samsung is also expected to be the sole supplier of HBMs for […]

By Adnan Farooqui
2 weeks ago

Samsung unveils new product design philosophy for 2030

Samsung has some big plans for 2030. The South Korean firm wants to become the world's biggest semiconductor chip firm by 2030, and it has now revealed its new product design philosophy that will take effect in 2030. It will showcase its Newfound Equilibrium vision at Milan Design Week 2024 on April 16, 2024. Samsung […]

By Asif Iqbal Shaik
2 weeks ago

Samsung market cap crosses $370 billion after three years

It's no secret that Samsung Electronics has been having a hard time turning the kind of profits that it has been used to. That's largely been due to the global downturn in the semiconductor industry which hit Samsung's profitability hard. However, amid signs of a recovery in the memory market and the rising demand for […]

By Adnan Farooqui
3 weeks ago

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