Tag: "Samsung Electronics"
Samsung Electronics family to sell $1.2 bln stake amid share rally

Samsung Electronics family to sell $1.2 bln stake amid share rally

World 11:42 18/10/2025

SEOUL -- The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell some 1.73 trillion won ($1.22 billion) worth of shares in the South Korean tech firm, the company said in a regulatory filing.

Samsung to fend off Chinese foldable phone rivals with slimmer model

Samsung to fend off Chinese foldable phone rivals with slimmer model

World 16:34 10/07/2025

Samsung Electronics on Wednesday unveiled thinner, lighter foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple.

Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

World 14:11 07/04/2025

Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business.