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Samsung Electronics

South Korean multinational electronics company

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Samsung Electronics: South Korean multinational electronics company
Samsung Electronics Co., Ltd. is a South Korean multinational electronics company headquartered in Suwon, South Korea. Due to some circular ownership, it is the flagship company of the Samsung chaebol, accounting for 70% of the group's revenue in 2012. Samsung Electronics has assembly plants and sales networks in 80 countries and employs around 308,745 people. It is the world's largest manufacturer of consumer electronics and semiconductors by revenue. As of June 2018, Samsung Electronics' market capitalization stood at US$325.9 billion.

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Samsung's jailed board chairman quits

Samsung Electronics' board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
Reuters - Published

Samsung Electronics board chairman jailed for union-busting activities offers to resign

Samsung Electronics said on Friday that board chairman Lee Sang-hoon, who was sentenced to jail in December for sabotaging union activities, had offered to resign, without elaborating on a reason.
Reuters - Published

Videos for Samsung Electronics


Samsung unveils its new foldable Galaxy Z phone [Video]Samsung unveils its new foldable Galaxy Z phone

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact, its second try at a novel technology that the South Korean cell phone maker hopes will set it apart..

Credit: Reuters - Politics     Duration: 01:56Published

 

Samsung Electronics says its board chairman offers to resign

Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
Reuters - Published

Samsung unveils compact foldable phone, 5G Galaxy S20 to fend off Apple, Huawei

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain..
Reuters - Published

Samsung unveils foldable Galaxy Z phone, challenging Apple design and tech

Samsung Electronics on Tuesday unveiled a square-shaped foldable smartphone, its second try at a novel technology that the Korean cell phone maker hopes will set it apart from rivals Apple Inc and..
Reuters - Published

Samsung Electronics extends holiday closure for 'some production facilities' in China

South Korea's Samsung Electronics Co Ltd said it has extended the holiday closure for "some of its production facilities" in China in line with guidance from Beijing aimed at containing the outbreak of..
Reuters - Published

Samsung Electronics says profit fall likely milder than forecasts as chip prices bottom out

Samsung Electronics Co Ltd on Wednesday said quarterly operating profit likely fell at a milder pace than analysts forecast, indicating memory chip prices bottomed out and strengthening hope of..
Reuters - Published

Samsung Electronics flags smaller-than-expected profit fall as chip market bottoms out

Samsung Electronics Co Ltd on Wednesday flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated,..
Reuters - Published

Samsung flags smaller-than-expected fall in fourth quarter profit as chip price fall eases

Samsung Electronics flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, strengthening hopes of a..
Reuters - Published

Samsung fourth quarter profit likely fell 34%, beating market estimates

Samsung Electronics said on Wednesday its operating profit likely slumped 34% in the fourth quarter, beating analysts' forecasts, dogged by a year-long downturn in the memory chip market.
Reuters - Published

Samsung to draw line under lackluster 2019 with chip revival in store

With Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant's ills..
Reuters - Published

Samsung Electronics says will unveil 'innovative devices' on February 11

Samsung Electronics said on Sunday that it will introduce new, innovative devices in San Francisco on Feb. 11, with the electronics giant widely expected to unveil its new foldable phone and a new..
Reuters - Published

South Korea jails three Samsung Electronics executives over evidence destroyed in probe of alleged fraud

A South Korean court on Monday jailed three executives of Samsung Electronics for their role in a plot that included burying computers under factory floors at its biotech affiliate, in an investigation..
Reuters - Published

Samsung flags smartphone profit fall, upbeat on chips

Samsung Electronics warned of a smaller mobile business profit on Thursday as its rival Apple gave a positive iPhone sales outlook, dampening hopes new models will help the world's largest smartphone..
Reuters - Published

Apple CEO warns Trump about China tariffs, Samsung competition

U.S. President Donald Trump said on Sunday that he has spoken with Apple Inc's Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean..
Reuters - Published

Samsung says Japanese curbs cloud outlook as profit halves, shares fall

Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to..
Reuters - Published

Samsung Electronics looks to chip recovery as second-quarter profit falls 56%

Samsung Electronics Co Ltd posted a 56% drop in second-quarter operating profit on Wednesday, hit by declines in memory chip prices amid oversupply.
Reuters - Published

Samsung Electronics second-quarter profit down 56% as chip troubles persist

Samsung Electronics Co Ltd posted a 56% drop in second-quarter operating profit on Wednesday, hit by continuing declines in memory chip prices amid oversupply.
Reuters - Published

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