Tag: samsung
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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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Samsung Electronics shares rise as robotics move highlights push into physical AI
Samsung Electronics shares rose as the company set up a robotics division in a push into physical AI.
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Samsung Electronics creates robotics division as key part of growth strategy
SEOUL, July 21 : Samsung Electronics said on Tuesday it will set up a robotics division reporting directly to the chief executive to accelerate development and commercialisation in the field and establish robotics as a growth engine.The South Korean conglomerate said the RX, or “Robotics eXperience”, division
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Exclusive-Samsung cuts US jobs, offers relocations ahead of HQ move
SEOUL, July 19 : Samsung Electronics has cut jobs at its U.S. display, phone and other consumer electronics operations — affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with the matter.The South Korean tech giant said on Sunday in a statement to Reuters that
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Samsung Electronics America to reduce workforce by 739 in New Jersey, WARN notice says
SEOUL, July 19 : Samsung Electronics America is reducing its workforce by 739 jobs in Englewood Cliffs, New Jersey, according to a Worker Adjustment and Retraining Notification (WARN) reviewed by Reuters. SEA handles sales and marketing of Samsung Electronics’ displays, phones, TVs and home appliances in th
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US probes Samsung for alleged infringement of Netlist’s memory-chip patents
July 16 : U.S. trade regulators have launched a probe into Samsung Electronics’ memory chips and products sold by Google, Nvidia, Broadcom and Super Micro Computer that use them following a complaint by Netlist alleging infringement of its patents.California-based Netlist has accused Samsung and its U.S. unit
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