Latest Business news

Samsung Foundry might be having major issues at Texas chip plant

Samsung is reportedly taking drastic measures at its state-of-the-art chip manufacturing plant in Taylor, Texas, due to further delays and problems concerning low yields. In recent news (via Business Korea), Samsung supposedly withdrew personnel from the Texas chip manufacturing facility because of delays and slow progress concerning the yield of 2nm-based chips. Despite its efforts […]

By Mihai Matei
4 hours ago

Google to ditch Samsung in favour of TSMC for Tensor G5, G6

So far, Google has launched four Tensor chipsets, and it has gotten all those manufactured by Samsung Foundry. Before the latest Tensor SoC, the Tensor G4, came out, there were rumors that the search giant would get its fifth Tensor processor, the Tensor G5, manufactured by TSMC. Earlier this year, a leak confirmed those rumors. […]

By Abid Iqbal Shaik
5 hours ago

Samsung accused of breaking India’s antitrust laws

Samsung and other smartphone brands are accused of breaking India's antitrust laws by colluding with online retail giants Amazon and Flipkart to launch exclusive phones for those platforms. The report alleges these firms offered preferences to select retailers, hurting others in the process. Samsung reportedly broke India's competition laws by launching online-exclusive smartphones According to […]

By Asif Iqbal Shaik
9 hours ago

NVIDIA open to having its GPUs made by Samsung

NVIDIA is the leading designer of AI and graphics chips. The company doesn't have its own foundry so it needs to get the chips it's designed manufactured by a foundry. The bulk of NVIDIA chips are made by TSMC and Samsung has long been trying to steal some market share away from the dominant player […]

By Adnan Farooqui
3 days ago

Samsung to make 2nm chips for AI firm Ambarella

Samsung, one of the world's biggest semiconductor chipmakers, has reportedly received a contract to make 2nm chips for Ambarella. It is a US-based fabless chipmaker that makes chips for cameras and advanced safety features (such as ADAS) for vehicles. Samsung to make 2nm chips for Ambarella starting 2026 It is being reported by TheElec that […]

By Asif Iqbal Shaik
3 days ago

Samsung to cut down up to 30% workforce globally in some divisions

Earlier today, we learned that Samsung India is going to lay off more than 10% of its managerial workforce amid a workers’ strike as consumer demand is going down. Unfortunately, there’s some bad news for Samsung employees in other regions as well. According to a new report from Reuters, Samsung Electronics has directed its subsidiaries […]

By Abid Iqbal Shaik
5 days ago

Samsung India to lay off 10% workforce amid workers’ strike

On Monday, Samsung’s employees working at the company’s manufacturing plant in Sriperumbudur went on an indefinite strike demanding a pay rise and equal pay. Now, more bad news is coming out about Samsung India. According to a new report from The Economic Times, Samsung India is going to lay off more than 200 employees. That’s […]

By Abid Iqbal Shaik
5 days ago

Samsung India workers go on a strike for pay rise

In July, Samsung’s employees working at its manufacturing plants in South Korea went on an indefinite strike demanding a wage rise. While there’s no information if the company was able to solve that issue, it is now facing a similar situation in India. On Monday, Samsung’s employees working at its manufacturing plant in Sriperumbudur, Tamil […]

By Abid Iqbal Shaik
6 days ago

Samsung misses out on OLED orders for iPhone SE

Earlier this year, we learned that Apple’s next iPhone SE will feature an OLED screen and that BOE, LG Display, and Samsung Display were in a bid to supply the display panel. A month down the line, we learned that Samsung Display has withdrawn its proposal to supply OLED panels for the iPhone SE4 due […]

By Abid Iqbal Shaik
2 weeks ago

Samsung wants to prevent leaks using facial recognition

Several Samsung branches are reportedly attempting to prevent trade secret leaks by implementing a new facial recognition technology. The latter will require employees working remotely to have their faces scanned from six angles before gaining access to Samsung's systems. According to reports from the Korean media, Samsung Display will test this new authentication system with […]

By Mihai Matei
2 weeks ago

Mysterious Samsung Circular Loop brand shows up in several regions

Trademark applications frequently offer hints about Samsung's future plans, and recently, the company applied to trademark the term “Samsung Circular Loop” in several major markets. The trademark application pertaining to “Samsung Circular Loop” popped up online a few days ago across patent and intellectual property agencies in a handful of countries, at IP Australia, EUIPO […]

By Mihai Matei
2 weeks ago

Samsung leads Indian tablet market with 200% growth

In the Indian tablet market, Samsung has been the most popular brand for quite a while now, and it usually sells the highest number of tablets among all the brands. In the last quarter, however, Samsung took the game to the next level. International Data Corporation (IDC) has just released an analysis of the tablet […]

By Abid Iqbal Shaik
2 weeks ago

Samsung won over LATAM region in Q2 thanks to these phones

Samsung topped the smartphone popularity charts in the LATAM (Latin American) region in the second quarter of 2024, but no thanks to the Galaxy S24 series or the pinnacle of the Galaxy A range. Industry watchers at Counterpoint Research revealed that two of Samsung's most budget-oriented phones led the LATAM region in Q2. They were the […]

By Mihai Matei
2 weeks ago

Samsung could acquire Nokia’s mobile network business for $10 billion

According to a new report, Samsung might acquire Nokia's mobile network infrastructure business. It was recently reported that Nokia and Samsung are in talks about selling the former's mobile network business group to the latter. If this happens, Samsung will become a major player in the global network infrastructure business. With the acquisition of Nokia's […]

By Asif Iqbal Shaik
2 weeks ago

Samsung is still far behind Apple in smartwatch sales

When it comes to all-rounder smartwatches for the mass market, Apple and Samsung have been leading the pack for quite some time now. On paper, smartwatches from both brands are neck-to-neck in terms of hardware specifications, and with the Apple Watch Ultra and the Galaxy Watch Ultra, in design too. However, when it comes to […]

By Abid Iqbal Shaik
3 weeks ago

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