Samsung Electronics

Samsung’s components business has been padding up the company’s bottom line for the past few quarters. The company recently reported its earnings guidance for the third quarter this year. According to market estimates, Samsung’s Q3 2017 profits have largely been contributed by its components business. As per the company’s earnings guidance, it expects to post […]

In an unexpected move, Samsung Electronics Vice Chairman and CEO Oh-Hyun Kwon today announced that he’s stepping down. He will resign as the head of the Device Solutions Business and will also not seek re-election as a member of the board of directors and the Chairman of the Board after March 2018 when his term […]

Samsung became the world’s most profitable tech company in the second quarter of this year. While some analysts expected the momentum to slow down, that might not be the case. The Samsung Q3 2017 earnings guidance has been released today and it predicts record profits for the second quarter straight. Samsung reported 61 trillion won […]

Investors appear to be quite bullish as Samsung Electronics shares surged 4.5 percent today after the market opened in Seoul. Analysts expect the company to report record profits from its memory chips business for the third quarter of this year ending September. This is the biggest intraday percentage gain for Samsung Electronics shares since October […]

Samsung Electronics Vice Chairman Lee Jae-yong was arrested earlier this year on charges including bribery and corruption. He denied wrongdoing throughout the proceedings but the court found him guilty and sentenced him to five years in prison. Lee Jae-yong, who is also the heir apparent to the conglomerate, is set to begin his appeal against […]

The global rankings released by US consultancy firm Interbrand reveal that Samsung has overtaken Toyota for the first time to become the most valuable brand in Asia. The Best Global Brands 2017 list from Interbrand has 11 companies from Asia. South Korean companies have improved their positions on the list compared to their Japanese rivals. […]

You have heard the news about the devastating earthquakes in Mexico recently. It’s an incredibly tough time for the country as it deals with the fallout of the natural disaster. Samsung today announced that it’s going to make a contribution to aid the Mexico earthquake relief efforts. Mexico was hit by two very strong earthquakes […]

The Semiconductor Research Corporation has announced that it has got Samsung onboard. The Korean tech giant has agreed to join the SRC’s research consortium. It’s a big deal for the SRC given that Samsung is one of the largest chipmakers in the world. Now that Samsung is onboard, the SRC counts seven of the top […]