Tag: Samsung Electronics

July 21, 2022

Samsung Electronics Co. SSNHZ 0.00%▲ has floated the prospect of investing nearly $200 billion for 11 new chip-making plants in Texas over the next two decades, a mega splurge that if executed would dramatically boost its semiconductor foothold in the […]

October 28, 2021

“We plan to expand our capacity about three times by 2026 to meet customers’ needs as much as possible by expanding capacity in Pyeongtaek as well as considering establishing a new plant in the U.S.,” says Samsung’s Han Seung-hoo. Han […]

April 13, 2021

“Memory, GPUs and 5G chipsets led semiconductor growth, driven by hyperscale, PC, ultramobile and 5G handset end-market demand, while automotive and industrial electronics suffered due to lower spending or a pause in spending owing to COVID-19,” says vp Andrew Norwood. […]

May 21, 2020

The South Korean firm is taking on bigger rival Taiwan Semiconductor Manufacturing Co Ltd (TSMC) in the contract manufacturing business, where it competes for orders from customers such as Qualcomm Inc. “This new production facility will expand Samsung’s manufacturing capabilities,” […]

May 23, 2019

Huawei, like Apple Inc and Qualcomm, uses ARM blueprints to design the processors that power its smartphones. It also licenses graphics technology from the Cambridge-based company which is owned by Japan’s SoftBank Group Corp. In another blow to the Chinese […]

May 17, 2019

SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Xian, denying a report by China’s official Xinhua […]

February 14, 2019

The South Korean giant will unveil one smartphone from the Galaxy A series every month beginning in March, through June, Ranjivjit Singh, Samsung India’s chief marketing officer, told Reuters in a telephone interview. The phones, targeted at millennials, will be […]

December 12, 2018

The South Korean company has seen its share of the Chinese market shrink to 1 percent in the first quarter of this year, losing out to home-grown brands like Huawei [HWT.UL], according to market research firm Counterpoint, which pegs Samsung’s […]

October 2, 2018

The July-September quarter is, however, expected to mark a peak in earnings as a two-year super cycle of tight supply and soaring demand comes to an end, with prices of some types of chips already sliding sharply. The world’s top […]

July 16, 2018

The South Korea-based technology giants, Samsung Electronics, are set to become the first company to welcome new 5G network technology, The Investor reports. The firm will embrace the new era of fifth-generation network systems with equipment that is said to […]

July 9, 2018

MUMBAI (Reuters) – Samsung Electronics on Monday announced the opening of what it said is the world’s biggest mobile phone manufacturing facility as the South Korean tech group seeks to expand production in the world’s fastest growing major mobile phone […]

April 20, 2018

Samsung will recruit more Vietnamese employees and develop electronics in smart cities in Bac Ninh province and other places, according to a statement posted on the government’s website. Samsung is the largest foreign investor in Vietnam and accounts for around […]

May 22, 2017

Tech giant Samsung Electronics Co Ltd will continue looking for acquisition opportunities, a company executive said on Monday, as the firm seeks to build software and services to further differentiate its products. “We are going to be bullish on finding […]

November 1, 2016

Samsung Electronics Co Ltd (005930.KS) said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to boost production of system chips at its Austin, Texas, facilities in the United States to meet growing […]