Tag: samsung
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Samsung must pay Swatch Group US$11.6 million over ‘knock-off’ smartwatch faces
The digital watch faces mimicked designs from brands including Omega, Longines, Tissot, Breguet and Blancpain, with a London judge ruling that their presence on Samsung’s app store damaged Swatch Group’s interests.
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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 expects shareholder returns up to $80 billion this year
SEOUL, Aug 21 : Samsung Electronics said on Friday that it expects its shareholder returns for this year could reach up to 110 trillion won ($79.54 billion), which includes 30 trillion won in cash dividends in the third quarter. Samsung, which, like rival SK Hynix, has seen earnings soar as the AI boom create
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Samsung Elec sees up to $79.5 billion available for 2026 shareholder returns
SEOUL, Aug 21 : Samsung Electronics said on Friday it has available about 90 trillion won to 110 trillion won ($65 billion to $79.5 billion) for shareholder returns in 2026, subject to business performance, investment and cash flow.Samsung plans to distribute about 30 trillion won in cash dividends in the thi
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Samsung SDI says to sell $3.2 billion worth of Samsung Display shares back to display maker
SEOUL, Aug 21 : Samsung SDI said on Friday it will sell 13.09 million shares in affiliate Samsung Display to the display maker for about 4.45 trillion won ($3.21 billion), to raise funds for investments in future growth engines. Samsung Display plans to buy the shares as treasury stock at 340,000 won each, Sa
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Samsung board set to discuss huge shareholder return package on Friday
SEOUL, Aug 21 : Samsung Electronics will hold a board meeting on Friday afternoon to discuss a new shareholder return package, a person familiar with the matter said, after media reports put the plan’s worth at more than $70 billion.Samsung, which like rival SK Hynix, has seen earnings soar as the AI boom cre
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Samsung Elec to convene board meeting Friday to discuss shareholder return plan, says source
SEOUL, Aug 21 : Samsung Electronics plans to hold a board meeting on Friday afternoon to discuss a new shareholder return package, a person familiar with the matter told Reuters, after media reports said the plan could be worth more than $70 billion. The source did not give details, but said it could be a…
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Samsung Electroncis to announce more than $72 billion shareholder return programme, media reports
SEOUL, Aug 20 : Samsung Electronics is set to announce a new shareholder return policy later this month worth more than 100 trillion won ($71.75 billion), media reported on Thursday, as the company plans to share record profits with shareholders amid an AI-driven chip supercycle. The South Korean memory-chip
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South Korea’s Samsung SDI to buy out GM’s stake in battery joint venture
Aug 11 : South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in Indiana and acquire the U.S. firm’s 49.99 per cent stake, citing weaker-than-expected electric vehicle demand.Here are some details:• Samsung SDI said in a regulatory filing
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