Samsung Electronics

You might remember that Samsung Electronics’ Vice Chairman Lee Jae-yong was arrested earlier this year. He was arrested on charges that ranged from corruption to embezzlement. Lee Jae-yong was later indicted, convicted, and sentenced after the trial. The legal troubles of the conglomerate’s heir apparent seem to have had an impact on Samsung Electronics’ reputation. […]

Aiming to capture rising demand, Samsung has announced that it’s going to invest $7 billion in a Chinese semiconductor plant to increase flash memory production. Samsung already happens to be the world’s largest manufacturer of memory chips and it wants things to stay that way. The money will be invested over a three-year period and […]

Samsung became the world’s most profitable tech company in Q2 2017. It posted an operating profit of $12.67 billion for the quarter, a 72.7 percent improvement compared to the same period last year. Revenue clocked in at $54.7 billion for the April-June 2017 period. The company will certainly work hard to ensure that it maintains […]

Samsung India has launched its new Executive Briefing Centre which it describes as its biggest product experience centre in the country. The first-of-its-kind centre in India has been designed as a one-stop destination for all of Samsung’s premium products and services as well as its enterprise offerings. Spread over 9,000 sq ft, the Executive Briefing […]

Some people might have thought that Samsung had taken its eye off the ball with everything that happened since last year. There was the spectacular failure of the Galaxy Note 7 and a leadership crisis that landed the conglomerate’s heir apparent behind bars in a corruption probe. Despite all of that, the company’s earnings guidance […]

The major shift in the policies of the US administration has forced many companies to ramp up their lobbying efforts to ensure that they don’t fall out of favor with the folks in power. The latest figures from the US Senate Lobbying Disclosure Database shows that Samsung’s lobbying costs have tripled in the first half […]

The chip business has been a significant contributor to Samsung’s bottom line over the past few years. Samsung wants to keep the momentum intact so it’s going to work diligently to ensure that it’s able to solidify its position in this market and grow further. A senior company executive has said that Samsung is planning […]

Samsung Electronics stock has been performing spectacularly over the past year as the company’s turnaround story has proven to be one for the history books. Even when there was much uncertainty on the company’s leadership front investors were still pushing the stock to new highs. Now that the company has forecasted record earnings, investors are […]