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Results for "Samsung"

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Samsung, LG Expand into Europe's Heat Pump Market
BusinessKorea Herald1d ago

Samsung, LG Expand into Europe's Heat Pump Market

South Korean giants Samsung and LG are investing heavily in Europe's heat pump sector, acquiring firms and positioning themselves for upcoming EU decarbonization deadlines, despite a recent sales downturn in the market.

Samsung Closes TV Factory in Galanta, Slovakia
Businessdennik-n5d ago

Samsung Closes TV Factory in Galanta, Slovakia

Samsung is closing its television manufacturing plant in Galanta, Slovakia, despite the factory's financial performance not worsening last year, with only a slight decrease in net profit and a modest increase in sales.

Samsung Electro-Mechanics Invests W1 Trillion in AI Substrates
TechnologyKorea Herald10d ago

Samsung Electro-Mechanics Invests W1 Trillion in AI Substrates

Samsung Electro-Mechanics is reportedly investing over 1 trillion won ($662.3 million) for a second consecutive year into capital expenditure, focusing on FC-BGA substrates. This investment aims to meet the surging demand for critical components in AI server chips, which currently exceeds capacity by 50%.

Global Stocks Rally, Indian Markets Surge on Hopes for Middle East De-escalation
BusinessAPReutersBBC+65bloombergNYTwsjFTThe GuardianAl JazeeraCNNFox News+57 more12d ago68 sources

Global Stocks Rally, Indian Markets Surge on Hopes for Middle East De-escalation

Global stock markets, including major Indian indices like Sensex and Nifty, experienced a significant rally, with Sensex jumping nearly 1900 points, driven by investor optimism and hopes for a swift resolution to the Middle East conflict following comments from Trump about leaving Iran soon.

Global Economy Grapples with Iran War's Energy Shock; Asia Responds to Fuel Crisis
WorldAPReutersBBC+107bloombergNYTwsjFTThe GuardianNPRAl JazeeraCNN+99 more19d ago110 sources

Global Economy Grapples with Iran War's Energy Shock; Asia Responds to Fuel Crisis

The Iran war continues to cause a global energy shock, driving fuel prices up and shaking the world economy, with Asia looking to COVID-era playbooks to tackle the crisis from the Strait of Hormuz blockage. Daily life in Asia is disrupted by the fuel crisis, and poor countries face catastrophe as the global economy pays a high price for the conflict.

Samsung Galaxy Phones Gain AirDrop Compatibility via Quick Share Update
Technologybloombergvgforbes+3hvgTimes of Indiakhaleej-times21d ago6 sources

Samsung Galaxy Phones Gain AirDrop Compatibility via Quick Share Update

Samsung has rolled out a new Android upgrade to millions of Galaxy users, which includes AirDrop compatibility through Quick Share, enabling seamless file sharing with Apple devices. Many Samsung mobile phones are now receiving this update, allowing them to share with iPhones using Apple's AirDrop protocol.

Samsung Electronics to Cancel W14.5 Trillion in Treasury Stocks
TechnologyKorea Herald13d ago

Samsung Electronics to Cancel W14.5 Trillion in Treasury Stocks

Samsung Electronics Co. announced plans to cancel 14.5 trillion won ($9.5 billion) worth of its treasury stocks as part of a buyback program aimed at enhancing shareholder value. This involves approximately 73.3 million common stocks and 13.6 million preferred stocks.

Samsung SDI Secures Cathode Deal Amid US Shift from Chinese Battery Supply Chains
TechnologyKorea Herald20d ago

Samsung SDI Secures Cathode Deal Amid US Shift from Chinese Battery Supply Chains

The United States is expanding efforts to reduce reliance on Chinese battery supply chains, creating opportunities for Korean manufacturers. In line with this, Samsung SDI has signed a 1.6 trillion won cathode supply deal with L&F to strengthen its North American energy storage system market position with a battery materials supply chain outside China.

Samsung to Invest Record $73.5 Billion in AI Chip Facilities and R&D
TechnologyKorea Heraldchannel-news-asia24d ago2 sources

Samsung to Invest Record $73.5 Billion in AI Chip Facilities and R&D

Samsung Electronics confirmed its plans to invest a record 110 trillion won ($73.5 billion) in facilities and research this year, aiming to secure multiyear supply deals with major AI chip customers and strengthen its position in the rapidly expanding AI chip market by 2026.

Korean YouTuber FreeZia Faces Backlash for Samsung Galaxy Comments
TechnologyKorea Herald15h ago

Korean YouTuber FreeZia Faces Backlash for Samsung Galaxy Comments

Popular South Korean YouTuber Song Ji-ah, known as FreeZia, has drawn criticism from Samsung phone owners after stating in a vlog that she would not want her boyfriend to use a Galaxy smartphone. Her comments sparked a debate about smartphone preferences in Korea's dating scene.

Foreign funds pour W3.3tr into Samsung, SK hynix following ceasefire
BusinessNHK WorldKorea Herald3d ago2 sources

Foreign funds pour W3.3tr into Samsung, SK hynix following ceasefire

Foreign investors have sharply increased purchases of South Korea’s major chipmakers, led by Samsung Electronics and SK hynix, following a ceasefire agreement between the US and Iran. According to the Korea Exchange on Friday, foreign investors bought a combined 3.33 trillion won ($2.5 billion) worth of the two stocks over two trading days from Wednesday to Thursday. Samsung Electronics topped net purchases at 2.65 trillion won, followed by SK hynix at 441.9 billion won and Samsung Electronics p

Foldable Phone Market Heats Up with New Competitors
Technologyhvg9d ago

Foldable Phone Market Heats Up with New Competitors

The foldable phone market is anticipating increased competition this autumn, with Apple potentially introducing its own foldable device and Xiaomi re-entering the segment. These new entrants are expected to challenge Samsung's Galaxy Z Fold8.

Samsung Biologics Completes Acquisition of GSK's U.S. Plant
HealthKorea Heraldyonhap-english12d ago2 sources

Samsung Biologics Completes Acquisition of GSK's U.S. Plant

Samsung Biologics has officially acquired a biopharmaceutical manufacturing plant in Rockville, Maryland, marking its first production foothold in the United States, following its announced acquisition of a U.S. facility from GSK for US$280 million.

Samsung's Harman to Invest €131 Million in Hungarian R&D
TechnologyKorea Herald17d ago

Samsung's Harman to Invest €131 Million in Hungarian R&D

Harman International, an automotive affiliate of Samsung Electronics, plans to invest 131 million euros in Hungary for research and development projects aimed at the European market. This move is part of its strategy to expand its automotive presence in Europe.

Samsung Unveils Agent AI for Galaxy S26 and S26+
Technologymkd-mk18d ago

Samsung Unveils Agent AI for Galaxy S26 and S26+

Samsung is elevating its smartphone technology with the introduction of agent-based artificial intelligence in its new Galaxy S26 and S26+ models. This proactive AI is designed to not only assist users but also to anticipate their needs and contextually plan activities.

TechnologyCNN24d ago

Samsung Galaxy S26 and S26+ Reviewed

A review assesses the new Samsung Galaxy S26 and S26+ smartphones, noting their predictable quality but questioning if their incremental improvements are sufficient for the market.