Latest Business news

Samsung has a new solution to push employess to work harder

Samsung is going through one of the most challenging times in its history. Due to issues in its memory and semiconductor chip businesses, the company's stock prices have fallen drastically compared to six months ago. The South Korean firm is now trying a new solution that could change its fate. Samsung will tie bonuses of […]

By Asif Iqbal Shaik
3 days ago

Samsung launches more Knox Suite plans for businesses

Samsung's Knox Suite is popular among businesses and enterprises who want to offer managed and secure devices to their employees. It is now getting more subscription tiers so that is becomes suitable for businesses of all sizes. Samsung Knox gets more subscription tiers Samsung has updated its Knox Suite to bring more subscription tiers to […]

By Asif Iqbal Shaik
4 days ago

US’ stronger anti-China stance could hurt Samsung

A few years ago, the US government stopped the flow of advanced semiconductor chips to Chinese firms for geopolitical reasons. However, some advanced chips still made it to Huawei through illegal ways. To prevent that, the US plans to tighten its grip on the supply of advanced chips by asking Samsung and TSMC to follow […]

By Asif Iqbal Shaik
5 days ago

NVIDIA’s Blackwell issues might be just what Samsung needs

NVIDIA has become a darling of the tech industry in recent years as its AI chips have become crucial to the ambitions of giants like Meta, Microsoft, and Google. These companies are in an intense battle for AI dominance and are spending tens of billions of dollars to buy these chips from NVIDIA. However, recent […]

By Adnan Farooqui
1 week ago

Samsung plans to make 2nm chips in USA to compete with TSMC

Samsung is building an advanced semiconductor chip plant in Taylor, Texas, in the USA. It spent billions on the plant and recently received $4.74 billion in incentives from the US government. It expects to start the mass production of chips at the plant in 2026 to compete with TSMC. Samsung could make 2nm chips in […]

By Asif Iqbal Shaik
1 week ago

Xiaomi takes Samsung head-on, enters South Korea

Samsung’s closest rival in the Android smartphone market, Xiaomi, has started doing business in Samsung’s home country, South Korea, taking its rival head-on. Xiaomi has opened a subsidiary in South Korea and launched an online store in the country, where it has started selling phones, wearables, and smart home products. According to local media, the […]

By Abid Iqbal Shaik
2 weeks ago

NVIDIA CEO Jensen Huang keeps hyping up Samsung like a good buddy

Much ink has been spilled writing about Samsung's challenges in the lucrative HBM3E market. It still hasn't been able to win approval from NVIDIA to supply the company with these high-bandwidth memory modules for its AI accelerators. Meanwhile, cross-town rival SK Hynix has emerged as the main supplier of HBM3E to NVIDIA. NVIDIA CEO Jensen […]

By Adnan Farooqui
2 weeks ago

Nvidia’s RTX 50-series GPUs use Samsung GDDR7 memory chips

One of the most important launches that happened around this year's CES was Nvidia's new GPU lineup. The AI behemoth announced RTX 50-series GPUs, bringing massive performance gains. One of its key components, the GDDR7 memory, is made by Samsung. Nvidia RTX 50-series GPUs use Samsung's GDDR7 memory chips Yesterday, Nvidia CEO Jensen Huang confirmed […]

By Asif Iqbal Shaik
2 weeks ago

Samsung had the highest Q3 phone shipments in three regions

New market share reports for the third quarter of 2024 are coming in, revealing a year-on-year increase in shipments and the average selling price of smartphones. Shipment-wise, Samsung led three out of five regions and the global market on average. The recent Q3 2024 smartphone shipment report from Counterpoint Research suggests that Samsung had the […]

By Mihai Matei
2 weeks ago

Samsung’s ‘AI Subscription’ plan for phones, tablets is coming next month

Samsung has announced that it will start offering its AI subscription plan starting next month. However, it isn't the AI subscription that you think it is. After the company brought AI features to its phones and tablets, it was revealed that it could start charging for those features. And you might think this AI subscription […]

By Asif Iqbal Shaik
2 weeks ago

Samsung’s profit doubles but still misses expectations due to AI chip issues

Samsung Electronics announced its earnings estimates for the fourth quarter of 2024. The company's profit more than doubled compared to Q4 2023, but its earnings still missed market expectations due to lingering issues in its AI memory chips and foundry. Samsung's Q4 2024 operating profit was $4.46 billion According to Samsung's earnings estimates, its revenue […]

By Asif Iqbal Shaik
2 weeks ago

Samsung wants to establish itself as ‘undisputed leader in AI’ this year

Samsung has been equipping its devices with AI features over the past few years, but 2024 was the breakout year for the company in that regard. It launched its first ‘AI Phone,' the Galaxy S24, early last year, and it was visible that Samsung was ahead of its rivals, including Apple, in AI features and […]

By Asif Iqbal Shaik
3 weeks ago

Investors warned to cut their expectations for Samsung stock again

Samsung Electronics' stock has taken a beating over the past year, declining 33% and hitting a 4-year low just last month. While some securities firms in South Korea were hopeful of a rebound in 2025, a few are sounding the alarm bells for a lower gain than initially expected. The stock is currently trading at […]

By Adnan Farooqui
3 weeks ago

A chip expert Samsung hired from TSMC has left the company

There's been a lot of focus on Samsung's semiconductor division recently. The business faces considerable challenges and it has been unable to contribute as much to Samsung's revenues as it did in the past. Every bit of news concerning the semiconductor division gets analyzed closely as to what it might mean for the future for […]

By Adnan Farooqui
3 weeks ago

Samsung boss is once again the richest stock billionaire in South Korea

Jay Y. Lee, the executive chairman of Samsung Electronics, leads one of the biggest conglomerates in South Korea. One would expect that this unique position would come with a considerable net worth, and it does indeed, with Lee topping the list of the richest billionaire stockholders in South Korea once again. The top spot has […]

By Adnan Farooqui
3 weeks ago

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