Samsung announced on Tuesday a $205 billion expansion plan aiming to provide 40,000 jobs for the upcoming three years to reign “strategically important industries.” The conglomerate’s immense influence in South Korea has never been higher as it set out a recruitment scheme of roughly 10,000 people, in addition to 30,000 jobs already set into motion, […]
Samsung
Samsung is paving the way to secure its leadership in the deployment of 6G technology.The South Korean company is committed to lead the standardization of 6G and is planning to collaborate with various stakeholders across industry, academia, and governments. Samsung aims to provide the peak data rate of 1,000 Gbps and a user experience data […]
Samsung Pay debit card is launching later this year, according to a blog post by the company. As the latest addition to their financial services and a new way to use the Samsung Pay app, the company will be able to cover both mobile payments of various types, and card transactions. Samsung is the first […]
SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the first three months of 2020 rose 3.4% from a year earlier driven by increasing demands for computer chips. However, the company predicted its profit would decline in the current quarter with the coronavirus pandemic eating into global sales of smartphones, […]
SEOUL, South Korea (AP) — Samsung Electronics Co. said Wednesday its operating profit for the last quarter likely fell 34% from a year earlier, which would be a smaller-than-expected decline possibly resulting from increased smartphone shipments and gradually stabilizing computer chip prices. The South Korean tech giant estimated an operating profit of 7.1 trillion won […]
SEOUL, South Korea (AP) — Samsung Electronics said Thursday its operating profit for the last quarter fell by nearly 56%, with its robust sales of smartphones, displays and TVs offset by a continuously weak market for computer chips. The South Korean technology giant reported an operating profit of 7.78 trillion won ($6.7 billion) for the […]