Tag: samsung
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Samsung flags US$80 billion profit on AI boom, highest quarterly for any tech company
Samsung Electronics has estimated a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.
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AMD CEO says continues to explore foundry partnership with Samsung Electronics
SEOUL, Oct 7 : AMD CEO Lisa Su said on Wednesday that the US chipmaker continues to explore partnership opportunities with Samsung Electronics in the memory and foundry businesses. • In response to tight memory chip supply, Su said AMD is “working with our customers to optimise their memory footprint so
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Samsung’s Q3 profit seen jumping nine-fold, but chip margins may be flat
SEOUL, Oct 7 : Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit, driven by robust AI demand, though analysts have cut forecasts by nearly 8 per cent since the end of August.Despite moderating gains in the prices of memory chips and a strengthening South Korea
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South Korea says ordered to pay Elliott $48.49 million over Samsung merger case
SEOUL, Oct 1 : South Korea has been ordered to pay Elliott Investment Management about $48.49 million plus interest after an arbitration tribunal ruled the government’s involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to the US fund’s losses, Seoul’s Justice Ministry said on Thu
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South Korea ordered to pay Elliott $48.49 million in Samsung merger case
SEOUL, Oct 1 : South Korea has been ordered to pay US hedge fund Elliott about $48.49 million plus interest after a tribunal ruled the government’s involvement in the 2015 merger of Samsung C&T and Cheil Industries was causally linked to Elliott’s losses, Seoul’s Justice Ministry said on Thursday.The remand t
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Samsung, affiliates commit $1 billion to KKR-backed Helix Digital AI buildout
Sept 29 : KKR-backed US-based AI infrastructure company Helix Digital said on Tuesday that Samsung and its affiliates had committed a combined $1 billion to support the company’s global AI infrastructure expansion.Samsung Electronics will invest $500 million, while Samsung C&T, Samsung SDS, Samsung SDI, Samsu
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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 TV owners in Singapore can watch Aespa’s latest concert for free from Sep 26
K-pop group Aespa’s Synk: Complaexity In Seoul show will premiere on Samsung TV Plus on Saturday (Sep 26) for users across Singapore, the Philippines, Thailand, South Korea and more.
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