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Samsung News

Samsung Electronics forecasts 44.19% jump in Q1 operating profit

Seoul - South Korean tech giant Samsung Electronics flagged a 44.19 percent rise in first quarter operating profit Wednesday, largely driven by robust sales of smartphones and the launch of its flagship Galaxy S21 series.

Samsung Electronics profit spikes on pandemic-driven demand

Seoul - Samsung Electronics, the world's biggest smartphone and memory chip maker reported fourth-quarter net profits up by more than a quarter year-on-year Thursday, with coronavirus-driven working from home boosting demand for devices powered by its chips.

Samsung Electronics profit spikes on pandemic-driven demand

Seoul - Samsung Electronics, the world's biggest smartphone and memory chip maker, on Thursday reported a 26-percent rise in fourth-quarter net profits year-on-year, with pandemic-driven working from home boosting demand for devices powered by its chips.

South Korean tycoons pay tribute to late Samsung chief

Seoul - South Korea's billionaire business leaders lined up Monday to pay respects to the late Samsung Electronics chairman Lee Kun-hee, for decades the country's richest and most powerful industrialist.

Lee Kun-hee: 'Hermit king' of the Samsung empire dies at 78

Seoul - South Korea's richest and most powerful industrialist, Lee Kun-hee, turned Samsung Electronics into one of the world's biggest tech companies but lived a reclusive existence.

Lee Kun-hee: 'Hermit King' of the Samsung empire

Seoul - South Korea's richest and most powerful industrialist, Lee Kun-hee, turned Samsung Electronics into one of the world's biggest tech companies but lived a reclusive existence.

Samsung Electronics chairman Lee Kun-hee dies at 78

Seoul - Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said.

Samsung Electronics chairman Lee Kun-hee dies at 78: company

Seoul - Samsung Electronics chairman Lee Kun-hee died at the age of 78 on Sunday, the company said.Lee, who turned the South Korean firm into a global tech giant, was left bedridden by a heart attack in 2014.

Samsung heir apologises over corruption scandal

Seoul - The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.

Samsung Electronics profit slips on virus, more falls forecast

Seoul - The world's biggest smartphone maker, Samsung Electronics, reported first-quarter net profits down just three percent on Wednesday, as the coronavirus pandemic dampened consumer demand, but warned of further falls to come.

Samsung joins the fold with Galaxy Z Flip smartphone

San Francisco - Samsung on Tuesday unveiled its second folding smartphone, a "Z Flip" handset with a lofty price tag aimed at "trendsetters."The smartphone flips open, like a pocket cosmetics case, opening into a 6.7-inch screen.

Samsung unveils Galaxy Z Flip folding smartphone

San Francisco - Samsung on Tuesday unveiled its second folding phone, a "Z Flip" model with a lofty price tag aimed at "trendsetters."The smartphone flips open, like a pocket cosmetics case, opening into a 6.7-inch screen.

Bribery retrial opens for Samsung scion

Seoul - The heir to the Samsung empire appeared in court Friday for a retrial over a sprawling corruption scandal that threatens to disrupt management at the world's biggest smartphone and memory chip maker.

Samsung admits Galaxy S10 fingerprint access flaw

Seoul - Tech giant Samsung Electronics on Friday acknowledged a major flaw with its fingerprint system that allows other people to open its top-end smartphones, advising users to delete all registered prints.

Samsung unveils 'the car of the future' Special

London - Samsung and HARMAN have revealed the next iteration of their innovative Digital Cockpit platform, and a model is on display at Samsung's new London showroom. Digital Journal paid a visit.

Retrials ordered for ex-South Korean leader Park and Samsung heir

Seoul - South Korea's top court ordered new trials Thursday for former president Park Geun-hye and Samsung heir Lee Jae-yong over the corruption scandal that brought her down, in a blow to the world's biggest smartphone and memory chip maker.

Samsung is developing a graphene battery for its smartphones

In order to boost battery life, Samsung are experimenting with graphene in order to develop a new generation of smartphone batteries that could fully charge within half-an-hour, overcoming the limitations of lithium-ion.

Samsung profit slumps more than half as chip market weakens

Seoul - The world's biggest smartphone and memory chip maker Samsung Electronics on Wednesday reported second-quarter net profits slumping by more than half in the face of a weakening chip market, and as a trade row builds between Seoul and Tokyo.

Samsung Electronics Q2 net profit slumps 53%

Seoul - The world's biggest smartphone and memory chip maker Samsung Electronics saw net profits slump by more than half in the second quarter, it said Wednesday, in the face of a weakening chip market and a trade row building between Seoul and Tokyo.

In the June quarter Samsung profits fall by more than half

Seoul - Samsung Electronics, South Korea's largest business saw its quarterly profit more than cut in half after a world-wide industry downturn plus trade tensions cut demand both for its chips and high-end smartphones.

Samsung: Time to start scanning your smart TVs for viruses

Smart televisions being at a risk to viruses is not the first area most people would consider in terms of cyber-risks. However, ever more sophisticated technology and renewed efforts by hackers presents such a risk

Samsung brings Mona Lisa 'to life' with deepfake AI

The background of Leonardo da Vinci's famous Mona Lisa painting has been enhanced through a new artificial intelligence initiative undertaken by the technology firm Samsung.

Samsung Galaxy Foldable starts at just $1,980

The Galaxy Fold, Samsung's new foldable, is a clear attempt for Samsung to assert its place as being in the forefront of mobile's future. Samsung had more time displaying the device today than when first revealed.

Samsung launches new Cinémoi Channel streaming app

The television network Cinémoi is forming a partnership with Samsung, in an effort to launch the new Cinémoi Channel app. Digital Journal has the scoop.

New partnership looks at how AI can benefit society

A partnership body called Partnership on Artificial Intelligence to Benefit People and Society (PAI) has received a boost from Samsung, with the South Korean technology organization joining in to find ways to maximize the societal benefits of AI.

Italy fines Apple, Samsung for slowing phones

Rome - Italy's competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called "planned obsolescence" of their smartphones.

SK Telecom successfully completes first 5G call

South Korea's largest wireless carrier, SK Telecom, has successfully completed the first 5G Call using Samsung’s commercial 5G equipment. This was using equipment that can be readily applied to commercial 5G networks.

Samsung chairman Lee Sang-hoon indicted for anti-union practices

The chairman of Lee Sang-hoon has been indicted on union sabotage charges. Lee is just one of twenty seven other Samsung employees to be charged for similar practices.

Chinese tech 'wolf' Huawei stalks Apple and Samsung

Shanghai - Ren Zhengfei, the founder of Chinese telecoms behemoth Huawei, likens the company to a ruthless "wolf" tirelessly running down its prey, an ethos that could soon make it the apex predator of the smartphone world.

Apple and Samsung battle comes to an end

Apple and Samsung have ended their bitter smartphone patent fight after seven long years, although the nature of the settlement has not been disclosed.
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Received owner's permission to use Samsung Galaxy S5 Concept image.
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