Search results for "Samsung"

Samsung MENA Launches the First-Ever Roblox 'Space Cup' Football Tournament

Dubai, UAE, 24 November 2022: In celebration of the much-anticipated football season, Samsung is set to give the MENA region its first-ever Roblox Space Cup tournament in December. Samsung released Space Tycoon, a virtual playground built inside the global Metaverse platform Roblox earlier this year, targeting primarily Gen Z customers to create, play games and share […]

Samsung Defies Chip Downturn With Aggressive Supply and Capex Plans

Samsung Electronics said on Thursday its supply of memory chips will grow faster than its peers and its investments will proceed as planned, bucking the broader industry move to scale back output and spending amid growing recession fears. Samsung’s apparent confidence indicates it intends to use a sharp and sudden downturn in worldwide tech demand […]

The Xiaomi Scale Up, Samsung Is Losing the Battle

Xiaomi has taken the smartphone world by storm. With an attractive line-up of cheap but jampacked with-specs phones. They seem like they will dethrone the big players, and maybe they already did. Samsung is facing its most brutal battle yet, and its scariest rival. Xiaomi is not here to participate in the mobile phone fight. […]

Apple, Samsung to Upgrade Phone Software in India for 5G Roll Out by Dec

Apple Inc and Samsung Electronics will upgrade software for their 5G-enabled phones in India by December, the companies said on Wednesday, as Indian authorities press mobile phone manufacturers to adopt the high-speed network. Apple said it would push software upgrades to recent models, including the iPhone 14, 13, 12 and iPhone SE, which, industry sources […]

SoftBank Looks to Form a 'Strategic Alliance' Between Arm and Samsung

SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic […]

SoftBank Looks to Form a 'Strategic Alliance' Between Arm and Samsung

SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential “strategic alliance” between the South Korean tech giant and chip designer Arm. The billionaire will make his first visit to Seoul in three years. “I’d like to talk with Samsung about a strategic […]

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 […]

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 […]