Tag: samsung electronics
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Samsung Electronics chairman Lee to receive 2.6 trillion won worth of shares from mother, reports say
SEOUL, Oct 13 : Samsung Electronics Chairman Jay Y. Lee will receive about 11.16 million Samsung Electronics shares worth roughly 2.6 trillion won ($1.9 billion) from his mother, Hong Ra-hee, according to South Korean media reports on Tuesday. ( $1 = 1341.3 won )
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Samsung Electronics raises Galaxy S26 smartphone prices, Yonhap reports
SEOUL, Oct 1 : Samsung Electronics has raised the prices of its flagship Galaxy S26 smartphones amid rising memory chip prices, the Yonhap news agency reported on Thursday. • The South Korean smartphone maker raised the domestic price of its Galaxy S26 base model by 149,600 won to 1,403,600 won ($1,029.94)
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Samsung Electronics says HBM to account for nearly 30% of industry DRAM capacity next year
SEOUL, Sept 29 : A Samsung Electronics executive said on Tuesday that high-bandwidth memory (HBM) is expected to account for nearly 30 per cent of Dynamic Random-Access Memory (DRAM) chipmakers’ total wafer capacity next year, up from about 20 per cent currently. Samsung Electronics Executive Vice President K
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Samsung Electronics commits $1 billion to KKR-backed Helix Digital AI buildout
Sept 29 : KKR-backed AI infrastructure company Helix Digital said on Tuesday that Samsung Electronics has committed $1 billion through its capital fund to support the company’s global AI infrastructure buildout. Here are some details: • The commitment builds on more than $10 billion of capital alr
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Samsung Electronics Chairman Lee to buy 1.9 trillion won worth of shares from his mother
SEOUL, Sept 9 : Samsung Electronics Chairman Jay Y. Lee will buy 1.9 trillion won worth of shares in the company from his mother, Hong Ra-hee, Lee said in a company filing on Wednesday. He will buy the shares on October 12, according to the filing.
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Samsung Electronics shares skid as record shareholder returns disappoint
SEOUL, Aug 24 : Shares of Samsung Electronics fell 8 per cent in early trade on Monday after the company’s record $79 billion shareholder-return plan disappointed investors who had expected a larger share of Samsung’s AI-fueled cash windfalls and greater clarity on share buybacks.The South Korean chipmake
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Samsung Electronics shares fall after shareholder return announcement
SEOUL, Aug 24 : Shares of Samsung Electronics fell more than 5 per cent in early trade on Monday, after the South Korean chipmaker said last week its shareholder returns this year could reach up to 110 trillion won ($79.38 billion). The shares were down 5.2 per cent by 0013 GMT, while peer chipmaker SK…
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Samsung Electronics launches next-generation AI memory technology
Aug 4 : Samsung Electronics introduced a new generation of artificial intelligence memory technology on Tuesday, seeking to reinforce its chipmaking lead in the booming AI market.The world’s largest memory chip manufacturer chose this year’s Future of Memory and Storage (FMS) conference in Santa Clara, Califo
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Samsung Electronics shares rise as robotics move highlights push into physical AI
Samsung Electronics shares rose as the company set up a robotics division in a push into physical AI.
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Samsung Electronics creates robotics division as key part of growth strategy
SEOUL, July 21 : Samsung Electronics said on Tuesday it will set up a robotics division reporting directly to the chief executive to accelerate development and commercialisation in the field and establish robotics as a growth engine.The South Korean conglomerate said the RX, or “Robotics eXperience”, division
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