Tag: samsung elec
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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 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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South Korea’s SK Hynix, Samsung Elec sign $950 billion partnership with US big tech
SEOUL, July 25 : South Korea’s Samsung Electronics and SK Hynix will pursue memory chip supply partnership with U.S. big tech companies including Nvidia worth $950 billion overall, South Korea’s presidential adviser said on Saturday.It includes the long-term supply of $750 billion in memory chips to U.S. comp
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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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