Samsung Electronics

Update news Samsung Electronics

Samsung Display asks to not isolate 700 engineers from South Korea

Samsung's plea to exempt 700 South Korean engineers from the mandatory quarantine would cause numerous hiccups in the containment of the epidemic.

Samsung builds US$220 million R&D centre in Vietnam

Samsung Vietnam has announced the commencement of construction on a new 220 million USD research and development (R&D) centre in Vietnam, with completion scheduled for late 2022.

PM Phuc meets leaders of Korean groups in Seoul

Prime Minister Nguyen Xuan Phuc met with Vice Chairman of Samsung Electronics Lee Jae-yong on November 28 as part of his official visit to the Republic of Korea (RoK).

Samsung forecasts record profits but misses expectations

 Samsung Electronics expects to deliver record profits for the last three months of 2017, but the estimate missed analyst expectations.

Samsung Electronics expects continued chip boom after record second-quarter profit

 Samsung Electronics Co Ltd on Thursday said it expected the memory chip boom to continue in the current quarter, after reporting a record operating profit for the three months through June.

Samsung Electronics to launch refurbished Note 7 phones in South Korea from July 7

Samsung Electronics Co Ltd said on Sunday it will start selling a refurbished version of the recalled Galaxy Note 7 smartphone in South Korea on July 7, using batteries different from those that caused some handsets ...

Samsung Electronics plans Galaxy Note 8 launch event for August: source

Tech giant Samsung Electronics Co Ltd plans to hold a media event in New York City to unveil its next Galaxy Note smartphone sometime in the second half of August, 

Samsung Electronics to set up fund to help suppliers amid Moon's reform push

Samsung Electronics Co Ltd said it would set up a 500 billion won fund to help small suppliers, the highest-profile South Korean firm to unveil steps in the wake of new President Moon Jae-in's call to protect small businesses.

Samsung Electronics probe finds battery was main cause of Note 7 fires: source

 Samsung Electronics Co Ltd's investigation into what caused some Galaxy Note 7s to catch fire has concluded that the battery was the main reason, a person familiar with the matter told Reuters on Monday.

Samsung Electronics to invest more than $1 billion in U.S. chip production

 Samsung Electronics Co Ltd (005930.KS) said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to boost production of system chips at its Austin, Texas, facilities in the United States to meet growing demand.

Samsung Electronics vows mobile rebound, dangles buyback after Note 7 shock

 Samsung Electronics Co Ltd on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest level in nearly eight years.

Vietnam helps Samsung save billions of dollars in taxes

VietNamNet Bridge - Two subsidiaries of Samsung Electronics in Vietnam earned huge profits of VND70 trillion in 2015, but did not have to pay VND13 trillion in corporate income taxes as it enjoys tax incentives.

Samsung Electronics set for best quarter in over two years on second-quarter smartphone boost

 Tech giant Samsung Electronics Co Ltd is poised to issue guidance for its best quarterly profit in more than two years, propelled by a surge in mobile earnings on the back of robust sales of its flagship Galaxy S7 smartphones.

Local firms to make 144 Samsung components

 VietNamNet Bridge – The Ministry of Industry and Trade has announced a list of 144 parts, which will be produced by local suppliers in partnership with Samsung Electronics Viet Nam.

Asia stocks rise after US Federal Reserve ends stimulus

 Asia stocks mostly opened higher after the US dollar jumped in value following the end of the Federal Reserve's quantitative easing stimulus program.

Samsung Electronics forecasts 60% fall in quarterly profit

 Samsung Electronics has forecast a 60% fall in quarterly operating profit from a year ago, missing estimates, because of slowing Galaxy smartphone sales.

Samsung Electronics forecasts fall in profit

 Samsung Electronics, the world's biggest maker of mobile phones and TVs, has forecast a fall in profit for the October-to-December quarter.

Samsung rolls out wearable device Galaxy Gear

 Samsung Electronics, the world's No. 1 smartphone maker, rolled out a first-generation wearable device Galaxy Gear at the Berlin trade show on Thursday.