Samsung boss meets Amazon, Meta, and Qualcomm CEOs to discuss future strategies

We recently reported that Samsung boss Lee Jae-yong traveled to the US on a business trip. He planned to meet the company’s important partners and discuss future strategies. After meeting Verizon CEO last week, Lee met the CEOs of tech giants Amazon, Meta, and Qualcomm this week and sought increased cooperation. Samsung boss Lee Yae-yong […]

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Samsung reportedly hiring ex-Apple Siri lead to head its new AI division

While Samsung introduced several new AI-powered features with the Galaxy S24 earlier this year, its AI-powered digital voice assistant, Bixby, hasn’t received much attention. A new report claims that Samsung is hiring an ex-Apple employee in charge of Siri’s contextual and conversational awareness to lead a new AI team. Ex-Apple Siri lead to reportedly lead […]

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Sales of Galaxy foldables drop heavily, a cause for concern for Samsung

Samsung had the first movers advantage in the foldable smartphone segment. Its Galaxy Z smartphones were way ahead of the competition, but that isn’t the case anymore. The company is falling behind in terms of hardware improvements, and that has started to show up in sales charts. The sales of Samsung’s foldable smartphones dropped sharply […]

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Young people in South Korea hold over $1 billion in Samsung stock

Foreign investors may be dumping Samsung Electronics stock worth billions of dollars, but there’s one demographic that appears to be convinced of the company’s future potential. The latest data from South Korea shows that young people in particular are fond of the company’s stock. They hold more than $1 billion in Samsung Electronics stock, and […]

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Samsung executives buy nearly a million dollars of stock to support prices

The share price of Samsung Electronics has been stagnant for some time now. Investors have repeatedly called on the company to improve shareholder returns, and while Samsung has made some efforts, they haven’t been enough. Foreign investors have already dumped billions of dollars worth of Samsung shares. One of the ways companies can support their […]

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Samsung’s got a highway named after it in Texas

Texas is the hub of Samsung’s semiconductor manufacturing in the United States. The company has long had investments there and also decided to establish its new chip factory worth billions of dollars in Taylor, Texas. Samsung has also been contributing to build some public infrastructure surrounding these manufacturing facilities. A new highway has been built […]

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Samsung boss meets Verizon CEO for even closer collaboration

Samsung Electronics Chairman Lee Jae-yong recently met Verizon CEO Hans Vestberg to discuss how their companies can improve collaboration. Lee recently left South Korea to embark on a trip to meet Samsung’s close partners and various political figures across the world. Lee is visiting New York, Washington DC, and Silicon Valley in the US during […]

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Qualcomm interested in Samsung’s 2nm process for Snapdragon 8 Gen 5

Over the past few years, Qualcomm has shifted away from Samsung Foundry for the fabrication of its high-end Snapdragon chips. However, the company is keen on collaborating with Samsung Foundry again for future chips, such as the Snapdragon 8 Gen 5, which will likely be released in 2025. Qualcomm CEO keen on using Samsung Foundry […]

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Qualcomm interested in Samsung’s 2nm process for Snapdragon 8 Gen 5

Over the past few years, Qualcomm has shifted away from Samsung Foundry for the fabrication of its high-end Snapdragon chips. However, the company is keen on collaborating with Samsung Foundry again for future chips, such as the Snapdragon 8 Gen 5, which will likely be released in 2025. Qualcomm CEO keen on using Samsung Foundry […]

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Qualcomm interested in Samsung’s 2nm process for Snapdragon 8 Gen 5

Over the past few years, Qualcomm has shifted away from Samsung Foundry for the fabrication of its high-end Snapdragon chips. However, the company is keen on collaborating with Samsung Foundry again for future chips, such as the Snapdragon 8 Gen 5, which will likely be released in 2025. Qualcomm CEO keen on using Samsung Foundry […]

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Qualcomm interested in Samsung’s 2nm process for Snapdragon 8 Gen 5

Over the past few years, Qualcomm has shifted away from Samsung Foundry for the fabrication of its high-end Snapdragon chips. However, the company is keen on collaborating with Samsung Foundry again for future chips, such as the Snapdragon 8 Gen 5, which will likely be released in 2025. Qualcomm CEO keen on using Samsung Foundry […]

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Samsung stock surges on possible memory deal with NVIDIA

The shares of Samsung Electronics have not performed well this year. As of last week, the company’s stock price was down nearly 8% year-to-date. Investors have been concerned about the headwinds facing Samsung’s chip business, which remains one of its most lucrative divisions. Rumors that Samsung’s HBM3E modules had failed NVIDIA’s quality tests didn’t help, […]

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Samsung stock surges on possible memory deal with NVIDIA

The shares of Samsung Electronics have not performed well this year. As of last week, the company’s stock price was down nearly 8% year-to-date. Investors have been concerned about the headwinds facing Samsung’s chip business, which remains one of its most lucrative divisions. Rumors that Samsung’s HBM3E modules had failed NVIDIA’s quality tests didn’t help, […]

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Samsung’s smartwatch sales improve, but ranking falls

Samsung’s smartwatch and wearable sales have improved recently, but its ranking still fell in the growing market. The South Korean firm dropped from third to fourth ranking in the global wearable market as Huawei overtook Samsung. Samsung smartwatch sales improved by 13% in Q1 2024 According to the latest data from market research and analytics […]

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NVIDIA confirms Samsung’s high-bandwidth memory is still being tested

NVIDIA needs a lot of high-bandwidth memory chips, particularly HBM3Es, which are used for its current and next-generation AI chips. As one of the world’s leading suppliers of AI chips, you can imagine that NVIDIA has considerable demand for HBM3E modules. SK Hynix has emerged as a leading supplier of high-bandwidth memory to NVIDIA. Samsung […]

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Historic Samsung union strike not likely to disrupt memory supply

Strikes are never good for business. Unhappy employees walking out, stopping the wheel of production in its tracks, and potentially causing serious business disruption is something that companies go to great lengths to avoid. Samsung Electronics has been engaged in negotiations with its largest employee union for several months now, but the deadlock still persist. […]

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