Samsung Electronics – BOL News Staging

Samsung expands local manufacturing operations in Pakistan

December 24, 2024 by Rao Abdullah

Sapphire Electronics, a subsidiary of Reliance Cotton Spinning Mills Limited (RCML), has entered into a partnership with Samsung Electronics to locally manufacture, assemble, and sell Samsung-branded electronic products and home appliances in Pakistan. The agreement was announced in a notice to the Pakistan Stock Exchange (PSX) on Monday. Following the news, RCML’s share price saw … Read more

AI Cybersecurity Market Surges: Expected to Reach $60.6 Billion by 2028

December 21, 2023 by Hamza Ali

AI Cybersecurity: USD 22.4B (2023) to USD 60.6B (2028). Rising demand for AI with focus on behavioral analytics. Asia Pacific leads in growth with rising population and tech adoption. The global Artificial Intelligence in Cybersecurity Market is poised for exponential growth, with a projected surge from USD 22.4 billion in 2023 to an impressive USD … Read more

Samsung Unveils AI Live Translate Call for Next-Gen Smartphones

November 13, 2023 by Hamza Ali

Samsung unveils real-time translation for Galaxy S24. SK Telecom launches “A” for real-time translation in phone calls. AI-powered translation becoming new battleground for tech giants. In a bid to break down language barriers, Samsung Electronics, the global smartphone leader, has unveiled its latest innovation – the AI Live Translate Call. The real-time translation service is … Read more

Samsung’s profits plummeted significantly due to surplus inventory

July 31, 2023 by Syed Shahbaz Hyder

Samsung Electronics’ operating profits fell 95% in the latest quarter. Despite the challenges, Samsung exceeded analysts’ earnings expectations. The company’s shares fell after the earnings report was released. Samsung Electronics witnessed a massive 95% drop in operating profits compared to the previous year’s quarter. This decline was attributed to an oversupply of memory chips, leading … Read more

Samsung Tizen OS expand global via new licencing partnerships

October 10, 2022 by Muhammad Zubair

Samsung Electronics has partnered with Atmaca, HKC, and Tempo to bring Tizen OS to non-Samsung smart TVs. At the 2021 Samsung Developer Conference (SDC), Samsung talked about its Tizen TV Platform Licensing plan. Samsung Electronics has partnered with Atmaca, HKC, and Tempo to bring Tizen OS to non-Samsung smart TVs. This year, Bauhn, Linsar, Sunny, … Read more

Samsung Electronics may face 25% decline in profits

October 6, 2022 by Muzzammil Mehboob

Samsung could face a 25% loss in profits on a year-over-year basis. This would be the lowest quarterly profit recorded since Q1 2021. Samsung’s mobile division could face a 17% decline in sales. Samsung Electronics Co Ltd’s (005930.KS) third-quarter profit could fall 25%, the first year-over-year loss in nearly three years, as the economy saps … Read more

Samsung says that a July breach exposed some US customer data

September 6, 2022 by Muhammad Zubair

Samsung Electronics says it suffered a cybersecurity incident in late July that exposed the personal information of some customers in the United States. Names, contact, and demographic information, date of birth, and product registration information were among the details. Samsung has acknowledged a data breach twice this year. Samsung Electronics Co disclosed on Friday that … Read more

Samsung Elec begins manufacturing 3-nanometer chips

June 30, 2022 by Maryam nadeem

Samsung Electronics has begun mass producing chips with advanced 3-nanometre technology. The South Korean firm did not name clients for its latest foundry technology. Analysts say Samsung itself and Chinese companies are expected to be among the initial customers. Samsung’s foundry business will look for new clients in China, where it expects high market growth. … Read more

Samsung Electronics releases a sensor with 200 million pixels

June 25, 2022 by Muhammad Sher

Samsung releases a sensor with 200 million pixels

Samsung Electronics, that makes displays. It had made a 200-million-pixel image sensor. Samsung’s first 108 MP sensor contains 0.64 Samsung Electronics, a South Korean company that makes displays, said this week that it had made a 200-million-pixel image sensor called the 200MP ISOCELL HP3. Seoul-based company promoted 0.56-micrometer pixels. Read More: Samsung galaxy m13 price … Read more

South Korea exports reaches all-time high last month

April 1, 2022 by Muzzammil Mehboob

South Korean exports reached an all-time monthly high in March, mainly to strong demand for semiconductors and petroleum products, according to the Seoul Trade Ministry. Samsung Electronics, the world’s biggest smartphone manufacturer, is based in the country, and its processors are utilized in a wide range of products. Outbound shipments from South Korea totaled US$63.48 … Read more

South Korea bans transactions with Russian central bank

March 7, 2022 by Muhammad Zubair

SEOUL: South Korea said on Monday it will halt all transactions with the Russia’s central bank in the latest series of punitive actions against Moscow over its invasion of Ukraine. The foreign ministry said in a statement it had decided to ban all financial dealings with the Central Bank of Russia “considering the international community’s … Read more

Samsung Electronics forecasts 52.5% jump in fourth quarter profits

January 7, 2022January 7, 2022 by Muhammad Zubair

SEOUL: Samsung Electronics expects operating profits for the fourth quarter to soar 52.5 per cent, the South Korean tech giant said in a statement on Friday, spurred by record sales. The world’s biggest smartphone maker forecast 2021 fourth-quarter operating profits at around 13.8 trillion won ($11.5 billion), up from 9.05 trillion won in the same quarter … Read more

Semiconductor shipments forecast to exceed 1 trillion in 2021

April 8, 2021 by Fahad Pervez

The shipments of the semiconductors are expected to cross the one trillion unit mark this year. According to the reports, these shipments include of ICs along with optoelectronics, sensor/actuator, and discrete. The semiconductor shipments will rise by 13 percent in 2021, accomplish a record high of 1.135 trillion units. Also, semiconductor prices are likely to … Read more

Samsung, LG Display to stop supplying panels to Huawei due to U.S. restrictions

September 9, 2020 by Arhama Altaf

Samsung Electronics’ display unit and LG Display Co Ltd are expected to stop supplying panels for premium smartphones to Huawei Technologies due to U.S. restrictions, media reports said.

Samsung Display, which counts Samsung Electronics and Apple as major customers for OLED display screens, declined comment.

LG Display said in a statement the U.S. move will have a minimal impact on the company given its limited panel shipments to Huawei, adding it will continue to diversify its customer base.

The U.S. further tightened restrictions on Huawei in August, banning suppliers from selling chips made using U.S. technology to the Chinese telecom giant without a special license.

Samsung Display and LG Display decided to stop the supply to Huawei from when the restrictions take effect on Sept. 15, as the ban includes chips needed to operate displays, and orders from Huawei do not take up a large portion of their business compared to customers like Apple, sources said.

Samsung terms interest report in Arm Holdings stake as ‘groundless’

August 4, 2020 by Arhama Altaf

Samsung Electronics on Tuesday denied a media report that it is considering buying a small stake in SoftBank Group Corp’s chip company Arm Holdings.

According to reports, Samsung’s interest in buying a minority stake of between 3% and 5% in the British chip designer as a way to reduce its royalty payment.

According to the company, the report was ‘groundless’.

Arm, the British chip technology firm, licenses its chip designs and technology to companies like Qualcomm, Apple and Samsung, which in turn use that technology in their chips for smartphones and other devices.

SoftBank is currently negotiating terms with U.S. chipmaker Nvidia Corp after receiving an approach about takeover interest last month, reports said.

The Japanese conglomerate, which acquired Arm for $32 billion in 2016, is exploring options including a full or partial sale or a public offering of the British chip designer.

Samsung Electronics to halt its manufacturing at China’s last computer factory

August 1, 2020 by Arhama Altaf

Samsung Electronics will halt operations of its last computer factory in China, the company said on Saturday, the latest manufacturer to shift production from the world’s second-biggest economy.

Companies are rethinking their production and supply chains amid rising Chinese labour costs, a U.S.-China trade war and the blow from the COVID-19 pandemic.

According to reports, around half the 1,700 employees on contract at Samsung Electronics Suzhou Computer will be affected, excluding those involved in research and development.

The factory shipped $4.3 billion worth of goods out of China in 2012, a figure that had sunk to $1 billion by 2018, reports said.

Menu

Latest

Entertainment

Lifestyle