Samsung bullish on AI demand as profit soars on higher chip prices
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics forecasted strong artificial intelligence-driven demand for chips in the second half of this year, as it reported a more than 15-fold rise in its second-quarter operating profit. Rebounding semiconductor prices stoked
Samsung Unpacked 2024: Watch Ultra, Galaxy Ring and Buds
In addition to the new foldable smartphones, Samsung Unpacked 2024 was an opportunity to discover and touch the other devices that complete the Korean company's ecosystem, which is one of the reasons that explains the company's leadership, the only one
EU antitrust regulators want to know if Google and Samsung’s chatbot deal hinders rivals
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are asking industry participants if Google's multi-year generative artificial intelligence (AI) deal with Samsung hinders rival chatbots on Samsung smartphones, according to an EU document seen by Reuters. The European Commission last
Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks
By Ju-min Park SEOUL (Reuters) - South Korea's major chipmakers Samsung Electronics and SK Hynix fell 1.9% and 3.9%, respectively, on Thursday, following losses in global chip stocks. Wall Street's semiconductor index lost more than $500 billion in stock market value on
Samsung Mobile Galaxy Unpacked 2024
Samsung Mobile Galaxy Unpacked 2024: In a setting as evocative as the Louvre in Paris, Samsung unveiled its latest work of art. The play on words is useful to describe Unpacked 2024, the customary summer event where the Korean company
Samsung workers’ union in South Korea kicks off three-day strike
By Heekyong Yang HWASEONG, South Korea (Reuters) - Samsung Electronics workers in South Korea began a three-day strike for better pay on Monday, with their union flagging further action against the country's biggest conglomerate should demands not be met. The National Samsung
The charger has disappeared from smartphone packaging
The first was Apple for sustainability issues, followed a year later by Samsung (and Google with the Pixel), which, after mocking its rival, imitated its choice. It was the years 2020 and 2021 when the world was shocked by the
AI frenzy expected to have boosted Samsung Q2 profit 13-fold
By Joyce Lee SEOUL (Reuters) - Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices. Operating profit for the world's biggest maker
Samsung encouraged to invest more in China, Premier Li Qiang says
By Eduardo Baptista BEIJING (Reuters) - Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state news agency Xinhua reported, as foreign businesses in the Chinese market struggle to