Latest Samsung C&T news

Samsung doesn’t want to give investors $500 million in dividends

Activist investors who own about 1.46% of Samsung C&T, the de facto holding company of Samsung Electronics, are calling on the company to increase shareholder returns by announcing a higher dividend and initiating share buybacks. They've proposed a plan that amounts of 1.2 trillion won or $900 million for both actions. Samsung C&T has submitted […]

By Adnan Farooqui
10 months ago

Samsung Chairman visits the Middle East to explore business opportunities

Samsung has revealed that its chairman, Lee Jae-yong, visited three Middle Eastern countries, including Saudi Arabia, Israel, and Egypt, during this year's Chuseok holiday to encourage employees and explore new business opportunities. Since Lee Jae-yong took charge of Samsung Electronics in 2014, he has been conducting ‘holiday global field management' for 10 years. During this […]

By Sagar Naresh
1 year ago

Samsung boss visits Saudi Arabia, UAE to expand business

Samsung Group's head, Lee Jae-yong, has commenced a trip to Saudi Arabia and the UAE to expand business ties and seek more opportunities for the company. He will return home on Thursday before leaving for Europe, which is the last leg of his business trip. Last month, he visited the US to make important decisions […]

By Asif Iqbal Shaik
3 years ago

Samsung launches UV Sterilizer with wireless charging in India

Amid the COVID-19 pandemic, Samsung had unveiled its new UV Sterilizer for smartphones and other accessories last month. Initially, it was Thailand, but the company announced that it would bring the device to more markets around the world. Today, the South Korean firm has announced the launch of UV Sterilizer with wireless charging in India. […]

By Asif Iqbal Shaik
4 years ago

Samsung’s UV sterilizer for smartphones is coming to more markets

Amid the ongoing COVID-19 pandemic, personal hygiene has become more important than ever. Given that we interact with our smartphones and earphones all day long, it is equally important to keep them germ-free, but we are not advised to use regular sanitizers to clean those devices. As a solution to the problem, Samsung had unveiled […]

By Asif Iqbal Shaik
4 years ago

Samsung drops plans to sell its home network business

Samsung SDS, the South Korean chaebol's IT Solutions arm, was in talks with Ireland-based Allegion to sell off its home network business. However, the company has now announced that it has decided not to go forward with its decision, hinting at failed negotiations. Currently, Samsung Group companies Samsung Electronics (22.58 percent) and Samsung C&T (17.08 […]

By Asif Iqbal Shaik
8 years ago

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