Search results for "samsung electronics"

Samsung CEO Seeks 'Common Denominator' in Sino-U.S. Chip War

Samsung Electronics Co Ltd is seeking a “common denominator” as it navigates restrictions on U.S. tech exports to China where the South Korean firm makes chips, with potential challenges including bringing in new chip-making equipment. The United States is considering limiting shipments of such equipment to memory chip makers in China to slow technological advances […]

Are Electronics Cheaper in Dubai?

Dubai is known to the world as a shopping heaven. People visit the city with one suitcase and leave with two and a half. If you are living in Dubai or visiting from abroad, you will probably be wondering if it would be a good idea to upgrade your electronics while you are tee, surrounded […]

Samsung to Invest $500 Million in Mexico, Foreign Minister Says

Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the country, Mexican Foreign Minister Marcelo Ebrard said on Monday. On Twitter, Ebrard said the investment will be in the northern border city of Tijuana and Queretaro in central Mexico. He said he had met with the company’s […]

Samsung Elec starts 3-Nanometre Chip Production to Lure New Foundry Customers

Samsung Electronics Co Ltd said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients to catch far bigger rival TSMC in contract chip manufacturing. Compared with conventional 5-nanometre chips, the newly developed first-gen 3-nanometre process can reduce power consumption by up […]

Samsung Australia Fined $9.7 Million Over False Water-Resistance Claims

Australia’s competition regulator said on Thursday a court has ordered the local unit of Samsung Electronics to pay a penalty of A$14 million ($9.65 million) over misleading claims about a water-resistance feature in some of its smartphones. Samsung Australia admitted to misleading buyers of some of its ‘Galaxy’ phones about the water-resistance level, the Australian […]

Samsung Elec Sees Component Shortages Persisting in H2, Solid Server Chip Demand

Samsung Electronics Co Ltd said on Thursday it expects firm data centre demand for high-margin memory chips to continue in the second half, but warned component shortages will likely persist as well. The world’s top memory chip and smartphone maker said underlying server chip demand appears “relatively solid” as companies boost investments and look to […]

Samsung’s Galaxy S22 Unpacked Event Swings Strongest Devices Lineup

Samsung introduced its latest lineup of Galaxy S22 phones at its first-ever Galaxy Unpacked event for 2022, unveiling the Galaxy S22 Ultra, the first note with faster response time for S-Pen. The announcement of the trio models, Galaxy S22 and S22+, in addition to the Ultra, allowed Samsung to present its most robust device lineup […]

Samsung Hits New Profit Records for 2021, Despite Chip Crisis

Samsung, the South Korean electronics giant, revealed a new record in its 2021 fourth quarter (Q4), marking an annual operating profit of $42.9 billion and $232.4 billion in revenue. Compared to its third-quarter (Q3) revenue, Samsung hit a whopping $11.5 billion in operating profit and $63.6 billion in revenues. The heightened capital for the electronics […]