Tag: samsung
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Samsung, SK Hynix signal stronger shareholder returns
Aug 5 : Samsung Electronics is exploring ways to enhance shareholder returns in a “sustainable manner,” the South Korean company said in a statement to Reuters on Wednesday, adding that it expects to share details “very soon.””While we remain focused on maintaining a healthy balance sheet to manage cyclical r
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Netlist, Samsung settle patent disputes in new five-year memory deal
Aug 5 : Netlist has struck a five-year deal to license its memory chip patents to Samsung Electronics, it said on Wednesday, gaining access to the South Korean firm’s products and ending years of legal disputes between the companies.Here are some details:• Netlist develops advanced memory and storage
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Samsung operating profit up 1,800% in second quarter on AI boom
SEOUL: South Korean technology giant Samsung Electronics posted on Thursday (Jul 30) a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.The world’s largest memory chipmaker posted April-June operating profit of 89.49 trillion wo
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Samsung Q2 profit jumps 19-fold as AI chip demand offsets mobile loss
SEOUL: Samsung Electronics said on Thursday (Jul 30) its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weaker earnings at its mobile business.”In H2 2026, the Memory Business expects robust demand centred on servers stemming from continued
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CSOP adopts flexible leverage for Samsung, SK Hynix ETFs amid volatility
HONG KONG, July 28 : Hong Kong’s CSOP Asset Management announced it will adopt a flexible leverage framework for 12 exchange-traded funds (ETFs), including those tracking Samsung Electronics and SK Hynix, after the city’s securities regulator adjusted rules in an effort to smooth market volatility.** Effectiv
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Samsung Elec wins $200 billion Broadcom AI chip partnership, boosting foundry push
SEOUL, July 25 : Samsung Electronics said on Saturday it struck a pact with U.S. chip designer Broadcom to widen cooperation across memory chips, contract chip making and advanced packaging envisaged to exceed $200 billion until 2030.Winning long-term production commitments from Broadcom, one of the world’s l
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Samsung, SK Group seal US$950 billion deals with US AI firms to lock in South Korean chip supply
The deals are the latest moves by US AI firms to driving tech companies into closer partnerships with South Korea’s semiconductor and memory leaders.
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Samsung unveils wider foldable phone, hikes prices as chip costs rise
SEOUL, July 22 : Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples with rising memory chip prices while bracing for a new threat from Apple in the niche but growing segment.The South Korean technology company pioneered fo
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Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports
July 22 : South Korea’s Samsung is in talks to invest hundreds of millions of euros in the AI start-up Mistral, as part of a fundraising round that could value the group at roughly €20 billion ($22.81 billion), Financial Times reported on Wednesday, citing sources. Samsung could invest about €1 billion in
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