Tag: samsung
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Samsung to announce $648 billion investments in South Korea, media report says
SEOUL, June 26 : Samsung Group will announce on Monday plans to invest 1,000 trillion won ($647.53 billion) in South Korea over 10 years, including a potential 300 trillion won to build chip factories in the southwest of the country, a media report said on Friday. The announcement will be made at a meeting w
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Korean chip shares surge on Micron’s blowout earnings, SK Hynix’s US listing plan
SEOUL, June 25 : South Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology’s quarterly results and forecast beat expectations, boosting optimism over AI-driven chip shortages. South Korea’s SK Hynix also said on Wednesday it plans to raise up to $29.4 billion throug
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Samsung Electronics considers share buyback for stock bonuses, details undecided
SEOUL, June 24 : Samsung Electronics said on Wednesday it was considering buying back shares to fund stock-based employee compensation tied to its 2026 performance, but that no details including timing or size of the buyback had been decided. The clarification came in a regulatory filing after local media rep
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Samsung Electronics plans $59 billion share buyback, Yonhap reports
SEOUL, June 24 : Samsung Electronics plans a share buyback programme worth about 90 trillion won ($58.61 billion) after agreeing to give stock bonuses to employees in recent wage talks, the Yonhap News Agency reported on Wednesday, sending shares of the South Korean chip giant up more than 6 per cent. The me
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Samsung Electronics plans 90 trln won share buyback, Yonhap reports
SEOUL, June 24 : Samsung Electronics plans a share buyback programme worth 90 trillion won ($58.61 billion) after agreeing to give a bonus in stock to employees following recent wage talks, the Yonhap News Agency reported on Wednesday. The memory-chip maker will soon announce details on the plan, Yonhap said
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In South Korea, a job or partner at Samsung, SK Hynix is the new ‘A+’ catch
SEOUL, June 23 : The global AI boom has turned South Korean chipmaking giants SK Hynix and Samsung Electronics into stock market darlings. It has also thrust their employees into the top tier of the country’s highly competitive marriage market.South Korean matchmaking firms say people working at the firms are
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Commentary: Why SpaceX, Samsung, Hynix are becoming meme stocks
Meme mania is sweeping through the US stock market again, but this time it’s trillion-dollar companies that can distort and sink entire equity markets, says Shuli Ren for Bloomberg Opinion.
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Google in talks with Samsung to make part of next-gen chip, The Information reports
June 11 : Alphabet’s Google is in talks with Samsung Electronics to manufacture part of its next-generation artificial intelligence processor, The Information reported on Thursday, citing two people familiar with the matter.Google plans for TSMC to make the main computing part of the tensor processing unit, c
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Google in talks with Samsung to make next-generation chips, The Information reports
June 11 : Alphabet’s Google is in talks with Samsung Electronics to manufacture part of its next-generation tensor processing unit, codenamed “Icefish,” The Information reported on Thursday, citing two people familiar with the matter.Reuters could not independently verify the report.
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Samsung Elec invests $175 million to become top shareholder in US genetics firm
June 9 : Privately held Element Biosciences said on Tuesday it had raised funds, including $175 million from longtime investor Samsung Electronics, to expand commercialisation of its genetic testing and research products.The San Diego-based company did not disclose the total size of the upsized Series E fund
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