Latest Business news

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
1 day 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 days 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
3 days 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
1 week 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
1 week 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
1 week 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
2 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
2 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
2 weeks ago

With prison looming, Jay Y. Lee asks court to let him fight Samsung’s battles

Samsung Electronics Chairman Jay Y. Lee could be sent back to prison for 5 years if prosecutors have their way. That would be in addition to a $356,000 fine that they've sought during the retrial of Samsung's top man on chargers relating to a controversial merger that saw the Lee family extend its control over […]

By Adnan Farooqui
2 weeks ago

Samsung boss is the only Korean business person to get this unique honor

Much ink has been used to write about Samsung's outsized influence on South Korea's economy. Yet, despite the various observations and controversies surrounding the country's most valuable conglomerate, it's also the only one with a truly global presence that's recognized for its immense potential. Case in point, the list of 100 most influential people in […]

By Adnan Farooqui
3 weeks ago

Prosecutors want Samsung boss sent to jail for 5 years

Samsung Electronics Chairman Jay Y. Lee has been in and out of prison over different charges, including an 18-month stint behind bars in 2021. One of the more significant charges against him allege market irregularities in the merger that saw the Lee family solidify their control over the Samsung conglomerate. A court in verdict had […]

By Adnan Farooqui
3 weeks ago

Samsung’s smartphone sales stay flat in the USA

Samsung's smartphone sales have stayed flat in the USA as the end of the year is approaching. The company ranked second in the country where Apple still dominates. Motorola's market share has improved this year thanks to its value-for-money lineup. Samsung's smartphone sales haven't reduced or increased in Q3 2024 According to an analysis from […]

By Asif Iqbal Shaik
3 weeks ago

Lenovo gains on Samsung in US smartphone shipment share

Market watchers at Counterpoint Research have analyzed the US smartphone market in Q3 and released their findings. By shipment, Apple led the smartphone market in Q3, followed by Samsung and Lenovo (including Motorola). Surprisingly, while Samsung and Apple shipments in the USA decreased year-on-year, Motorola enjoyed a 21% year-on-year boost. Market watchers say the brand […]

By Mihai Matei
3 weeks ago

The biggest China threat to Samsung’s business is worsening

Memory sales make up a huge chunk of Samsung's revenues and profit. In Q3 2024, the company earned $8.59 billion from DRAM sales. This alone accounted for 39.8% of all sales from its semiconductor division. Any threat to this business segment is certainly a great cause of concern for the conglomerate. Memory makers in China […]

By Adnan Farooqui
3 weeks ago

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