Latest Business news

Korea’s under pressure currency has a new Samsung problem

The Samsung conglomerate has a significant influence on South Korea's economy. It's one of the largest organizations in the country and one of its biggest employers. Samsung also accounts for 8% of South Korea's entire manufacturing output and represents 17% of the total market cap of KOSPI, the main stock index. The South Korean won […]

By Adnan Farooqui
2 mins ago

Elon Musk may soon do Samsung a huge favor through Tesla

Samsung is struggling to catch up to cross-town rival SK Hynix in the race to supply lucrative high-bandwidth memory HBM3E chips to customers amid the AI boom. It has remained unable to secure a huge contract from NVIDIA which has so far sourced these chips for its AI accelerators from SK Hynix. The Korean giant […]

By Adnan Farooqui
15 mins ago

Samsung’s new chip research facility could bring it back on track

Samsung held the tool-in ceremony for its new chip research and development facility in Giheung, South Korea. This is the same place where Samsung first began making semiconductor memory chips 50 years ago and made the world's first 64MB DRAM in 1992. It plans to bring back the glory it recently lost in the memory […]

By Asif Iqbal Shaik
2 days ago

Samsung Care+ insurance is live in one more European market

Samsung customers in many regions might take the Care+ program for granted. However, the reality is that Samsung Care+ is subject to different availability policies per market, similar to many other Samsung services. Today, the company announced that Samsung Care+ is available in Switzerland for select devices. Better late than never, customers in Switzerland can […]

By Mihai Matei
3 days ago

Samsung gets important win over Chinese rival in OLED patent case

Samsung Display has been fighting a patent infringement case against its Chinese rival BOE. Today, it was revealed that the US International Trade Commission (ITC) has come to a preliminary conclusion that BOE infringed upon Samsung Display's patent. That gives Samsung an advantageous position in the case. BOE infringed upon Samsung Display's OLED patents The […]

By Asif Iqbal Shaik
3 days ago

Vivo and Oppo are a thorn in Samsung’s side

Until last year, Samsung performed quite well in the Indian smartphone market, having the highest share in terms of shipments. This year, however, hasn’t been all that good for the company in the country. In the first quarter of 2024, the South Korean tech giant lost the lead position to Vivo. In Q2 2024, the […]

By Abid Iqbal Shaik
7 days ago

Samsung makes a strong comeback in foldable smartphone market

Samsung was the first brand in the world to launch a foldable smartphone for the mass market. It was the Galaxy Fold 5G. As the South Korean tech giant was the only one offering such a phone, the company led the foldable smartphone market worldwide. However, soon after that, other brands, mainly Chinese, too came […]

By Abid Iqbal Shaik
7 days ago

Samsung to keep the Las Vegas Strip LED lights on after the F1 race

F1 fans are looking forward to the next Grand Prix on the calendar. On November 23, all the Formula 1 teams and their drivers will fire up their thousand-horsepower monsters on the Las Vegas Strip for the 22nd round of the season. Samsung will be there to light up the track, and this time, they […]

By Mihai Matei
7 days ago

Is Korea’s 52-hour workweek costing Samsung billions in profits?

Companies in South Korea are required to comply with a 52-hour employee workweek that's enshrined in national law. While other chip companies based there seem to thrive with the same restrictions, it appears they're proving to be a bit of a problem for Samsung Electronics. A new report highlights have Samsung's system LSI division is […]

By Adnan Farooqui
1 week ago

Samsung stock is taking a beating, hits a 4-year low

Investors aren't feeling that hot about Samsung Electronics' stock. The share price has been declining rapidly amid concerns about what tariffs that the incoming Trump administration places could mean for the company's earnings. That, coupled with concerns about some of the business headwinds the conglomerate is facing, is pushing investors to put their money elsewhere. […]

By Adnan Farooqui
1 week ago

Samsung’s Chinese rival could pull out of foldable smartphone market

Samsung was the first brand to launch foldable smartphones globally. Its first foldable phones came out in 2020, and it ruled the market for a few years, but it is no longer considered the king of that segment. Chinese brands are launching better-equipped foldable phones, and their sales are increasing. However, at least one Chinese […]

By Asif Iqbal Shaik
1 week ago

Latest US orders on China bring more pain for Samsung Foundry

The United States has a mission to prevent China from accessing advanced semiconductors. It doesn't hurt that some of the world's top semiconductor firms are based in countries that are longstanding allies of the US – Taiwan and South Korea. That provides the administration with lot of levers to put pressure on its arch rival. […]

By Adnan Farooqui
1 week ago

Apple delays OLED MacBook Air release to not give Samsung more money

It's been rumored for a few years now that Apple is going to launch new MacBook Air models that will feature an OLED display. Since there aren't many display manufacturers that can supply OLED panels at the volume and quality that Apple requires, it's left with no option but to source them from Samsung Display […]

By Adnan Farooqui
1 week ago

Samsung might help Apple fix the Vision Pro’s biggest problem

Samsung is the world's biggest and highest-rated OLED panel maker. Whenever Apple introduced an OLED screen in its devices, it bought those panels from Samsung Display. However, for the Vision Pro, Apple used OLEDoS screens from Sony. However, to fix Vision Pro's biggest problem, Apple may have to get Samsung's help. Samsung could make OLED […]

By Asif Iqbal Shaik
2 weeks ago

You’d never guess how important Samsung is to Korea’s economic growth

All developed countries have big companies that contribute a significant chunk to their economic growth. Rarely, though, is the vast majority of that growth concentrated in just one company, but that's exactly the case in South Korea. It's widely known that Samsung is the largest company in South Korea and one of the biggest contributors […]

By Adnan Farooqui
2 weeks ago

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