Latest Business news

Galaxy phones could come with fewer preloaded Google apps

Samsung is infamous for preloading dozens of apps, some from itself and others from Google, Meta, and Microsoft, on its Galaxy devices. However, if Google goes ahead with what it proposed, Samsung may not need to preload its devices with as many Google apps as it does now. Google has proposed changes to what Android […]

By Asif Iqbal Shaik
9 hours ago

The USA will award $4.74 billion to Samsung to make chips locally

Samsung will receive $4.745 billion in funding from the US Commerce Department to make advanced semiconductor chips locally. This funding comes under the USA's CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities. Samsung will use $4.745 funding as a part of its $37 billion chip plants in Texas The US Commerce Department announced that […]

By Asif Iqbal Shaik
20 hours ago

Hyundai wants Samsung to make chips for its self-driving cars

Samsung's Foundry division has been struggling to win clients for its 3nm process, but the company's legacy processes are solid and continue to see considerable demand for customers. Samsung could soon win a significant order from a compatriot. According to reports, Hyundai is interested in having Samsung manufacture the chips needed for its self-driving cars. […]

By Adnan Farooqui
5 days ago

Samsung is getting rid of some display production equipment

Samsung Display has been out of the LCD business for a couple of years now. Despite being a significant player in the industry for many years, increased competition from Chinese display makers and an increased focus on more advanced display technologies made the decision inevitable. The company has since been selling off its LCD production […]

By Adnan Farooqui
5 days ago

Galaxy S25 strategy to be finalized this week ahead of launch next month

Samsung is expected to launch the Galaxy S25 series soon. Ahead of the expected launch next month, the company is in the process of finalizing the launch strategy for its upcoming flagship phone and other devices this week. Top Samsung executives meeting this week to finalize Galaxy S25 strategy According to a report from South […]

By Asif Iqbal Shaik
6 days ago

Google is shifting further away from Samsung for Pixel devices

For the Pixel 6, Google heavily depended on Samsung. Since then, Pixel phones have used Samsung's camera sensors, display panels, chip design, and modems. However, Google is now reducing its dependency on Samsung, and its next move is to switch away from Samsung's modems. Pixel 10 could use MediaTek's 5G modem instead of Samsung's 5G […]

By Asif Iqbal Shaik
1 week ago

Samsung’s wearable sales rise while Apple Watch sales falter

The sales of Galaxy Watches and other Galaxy wearable devices have increased this year. In comparison, sales of Apple Watches have dipped slightly compared to last year. While other brands sell more wearables than Samsung, their profit aren't as high as the South Korean firm. Samsung gets second highest revenue from smartwatch and wearable sales […]

By Asif Iqbal Shaik
2 weeks ago

Samsung Display is quietly crushing it in this lucrative business

Samsung Display makes more than just display panels for smartphones. You can find its panels in tablets, TVs, monitors, VR headsets and yes, even inside cars. The automotive display panel business is a lucrative one, and one that's also growing significantly, due to the current trend of fitting multiple displays inside vehicles. Samsung's display-making affiliate […]

By Adnan Farooqui
2 weeks ago

Samsung shares an ambitious plan to defeat TSMC and China

There has been a clear realization within Samsung Electronics that things can't remain as they are because the semiconductor division is getting absolutely chewed up. Given that it generates the bulk of its revenues and profits, the company most certainly needs the division to regain its competitive advantage. With this mind, Samsung recently made major […]

By Adnan Farooqui
2 weeks ago

Samsung may have made a drastic change to its product roadmap

Samsung Foundry's product roadmap had laid out plans to start building 1.4nm semiconductor chips by 2027. However, it appears that a drastic change may have been made to the roadmap due to the ongoing issues with the 3nm process. Much has been written about Samsung's troubles with the 3nm process. The yield issue is said […]

By Adnan Farooqui
3 weeks ago

Latest US chip ban on China creates a big headache for Samsung

The US government has used export control measures to restrict advanced chips made using American technology to China. A wave of other sanctions have also severely restricted the country's access to latest semiconductor technology. However, companies that make those products may not necessarily be thrilled as there's significant demand for advanced chips from Chinese companies. […]

By Adnan Farooqui
3 weeks ago

Samsung joins Jeff Bezos to put $700 million in an AI chipmaker taking on NVIDIA

Everybody wants to get in on the artificial intelligence action. A literal boatload of chips will be required to powerful current and future AI applications. Some companies like NVIDIA have already profited immensely from this gold rush while others are gearing up to get their piece of the pie in the future. Tenstorrent is one […]

By Adnan Farooqui
3 weeks ago

China continues to butcher one of Samsung’s cash cows

Samsung's memory business has been a literal cash cow for the longest time but it's now facing headwinds. The company has fallen behind SK Hynix in the lucrative HBM3E market and it's still waiting on a potentially lucrative order from NVIDIA. Meanwhile, Samsung continues to face tough competition from Chinese memory makers in the DRAM […]

By Adnan Farooqui
3 weeks ago

Samsung makes big changes to top leadership in hopes of growth

There was an expectation that Samsung would shake things up significantly in its annual personnel reshuffle that started earlier this time around. The company today announced a major leadership change as it seeks a return to growth, particularly in the lucrative semiconductor segment. The announced changes primarily focus on the semiconductor business. Samsung says that […]

By Adnan Farooqui
4 weeks ago

Some senior execs get fired because Samsung’s had enough

Samsung's facing a lot of crises and the company has unable to chart a clear path forward, particularly in the semiconductor market, where its foundry is lagging behind, its next-gen memory products are struggling to compete against SK Hynix, and legacy products are under pressure from Chinese companies. The company does a significant employee reshuffle […]

By Adnan Farooqui
4 weeks ago

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