Samsung Electronics gets $4.3 billion from Samsung Display to fund semiconductor expansion

Samsung Electronics is the leading supplier of memory chips and other semiconductor products. It has been heavily investing in the expansion of its production facilities as demand for memory products, particularly High Bandwidth Memory, is expected to rise in the coming quarters. There are many subsidiaries that operate under Samsung Electronics. Samsung Display is one […]

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Samsung MX head TM Roh not promoted to CEO of Samsung Electronics

Earlier today, Samsung Electronics announced the appointment of regular presidents and the establishment of the new Future Business Planning Unit. It revealed that it is keeping its dual-CEO structure amid uncertain business conditions, which means Samsung MX head TM Roh isn’t being promoted to the CEO level. Samsung Electronics to maintain two co-CEO structure for […]

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Samsung MX head TM Roh not promoted to CEO of Samsung Electronics

Earlier today, Samsung Electronics announced the appointment of regular presidents and the establishment of the new Future Business Planning Unit. It revealed that it is keeping its dual-CEO structure amid uncertain business conditions, which means Samsung MX head TM Roh isn’t being promoted to the CEO level. Samsung Electronics to maintain two co-CEO structure for […]

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Samsung MX head TM Roh not promoted to CEO of Samsung Electronics

Earlier today, Samsung Electronics announced the appointment of regular presidents and the establishment of the new Future Business Planning Unit. It revealed that it is keeping its dual-CEO structure amid uncertain business conditions, which means Samsung MX head TM Roh isn’t being promoted to the CEO level. Samsung Electronics to maintain two co-CEO structure for […]

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Samsung Electronics sets up a ‘Future Business Planning Unit’

Samsung Electronics, the world’s largest memory chip maker and smartphone manufacturer, has said that it has set up a ‘Future Business Planning Unit’, which is part of the company’s annual reshuffle of top-level executives. This new Future Business Planning Unit will be headed by Samsung executive Jun Young-hyun. Notably, Jun Young-hyun is currently the vice […]

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Samsung Electronics brand value ranks 5th among the top global brands in 2023

According to a report by Interbrand, Samsung Electronics‘ brand value ranked 5th among the top global companies in 2023. Thanks to this, Samsung has managed to be among the top 5 global brands for the fourth consecutive year. Interbrand releases a list of the ‘Best Global Brands’ each year, and as per that, Samsung’s brand […]

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Samsung Electronics severs ties with panel supplier BOE

Samsung Electronics has reportedly excluded BOE from its supply chain. BOE, a display manufacturer based in China and LCD supplier to Samsung, supplied 10% of the Korean tech giant’s TV panels in Q1 2023. However, in Q3 2023, Samsung’s Device eXperience (DX) division excluded BOE from its supply chain for TV and monitor panels. Furthermore, […]

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Samsung Electronics turns 54 years old, celebrates anniversary in South Korea

Samsung Electronics has turned 54 years old today. Yes, the company is that old. In 1969, Samsung Group (which started in 1938) established Samsung Electric Industries. In 1974, Samsung Group entered the semiconductor business by acquiring Korea Semiconductor, which was the country’s first semiconductor chip company and was struggling. Soon, it joined hands with Korea […]

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Samsung aims to supply all sorts of components for your future EV

Samsung Electronics is gearing up for the IAA MOBILITY 2023 event set to take place in Munich, Germany, from September 5th to 10th. The International Motor Show is one of the world’s largest mobility trade fairs, and the Korean tech conglomerate announced that several of its branches will have a collaborative presence at the event. […]

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Samsung unveils 89-inch Micro LED at China’s largest consumer electronics show

South Korean giant Samsung has unveiled the 89-inch MicroLED TV for the first time in China. The unveiling of the 89-inch MicroLED  TV took place at the Appliance & Electronics World Expo 2023 (AWE 2023) in China. This is China’s largest and one of the world’s three major consumer electronics shows. AWE 2023 is currently […]

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Epishine and Atmosic Create New Possibilities for Low-Power Electronics

Epishine and Atmosic have combined forces to create an ultra-thin self-powered beacon. Both parties produce components for energy harvesting. Atmosic Technologies has designed ultra-low power wireless solutions to dramatically reduce the power consumption of connected devices. When Atmosic’s ATM3 Bluetooth system-on-chips (SoCs) are combined with Epishine’s indoor solar cell, the beacon can harvest enough energy […]

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Samsung Electronics to borrow a few billion dollars from Display arm

Today, Samsung Electronics revealed through a regulatory filing that it wants to borrow “a few” billion dollars from Samsung Display. The company intends to get a loan of 20 trillion won ($15,76 billion) from its display arm and is willing to pay interest. Samsung Electronics intends to borrow the $15 billion at a 4.6% interest […]

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Samsung Electronics to hold 54th general meeting for shareholders on March 15

Samsung announced on February 14 that it will hold its 54th general meeting for shareholders on March 15, 2023. The general meeting will be held at the Suwon Convention Center in Gyeonggi-do, South Korea. The meeting will include discussions on the approval of the financial statement, the appointment of Jong-Hee Han as an inside director, and […]

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Galaxy Z Flip 4 earned Samsung an award no other electronics company has won

Samsung’s foldable phones are gaining more traction every year. In the first three quarters of 2022, the company shipped 16 million foldable phones worldwide — a 73% year-on-year increase. Consumers and enterprises are buying more foldable phones than ever. And while the Galaxy Z Fold 4 appears to be a favorite among business users, the […]

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Samsung’s automotive electronics business reached a record-high in Q3

Although Samsung’s quarterly profit declined in Q3 2022 for the first time in three years, some Samsung arms and businesses performed better than others. According to the Korean media, Samsung Electronics has had a great Q3 in the automotive electronics market and reached record-high quarterly earnings. LG Electronics did the same. Demand for automobiles in […]

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Lee Jae-yong becomes Executive Chairman of Samsung Electronics

Samsung has just announced that Lee Jae-yong has been appointed as Samsung Electronics’ Executive Chairman. The board approved the appointment after the recommendation by current board chairman Kim Han-jo. The post had been vacant for the past two years since the death of former Chairman Lee Kun-hee. Samsung Group’s board said that the company needs […]

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Samsung will take part in the Korea Electronics Show 2022 in Seoul

The Korea Electronics Show will be held from the 4th to the 7th of October at COEX in Seoul, and Samsung will participate in the event. The company is all set to introduce a bunch of customized life solutions through SmartThings at the event. Samsung has reportedly set up an exhibition space of 890 square meters so […]

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Samsung Electronics America gets highest ranks in the 2022 ACSI Survey

In the latest American Customer Satisfaction Index (ACSI) Survey 2022, Samsung Electronics America bagged the highest ratings for “Overall Product Quality and Service” for TVs and Home Appliances. Also, the company was crowned the industry leader in many more categories including product quality, service repair, mobile app reliability, and warranty coverage. ACSI survey is America’s only cross-industry […]

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Samsung Electronics extends home appliance warranties to 20 years

Samsung went all-in on the SmartThings platform at IFA 2022 and shared its vision for the ultimate energy-efficient home. The company wants to help customers reduce power consumption and e-waste, and to this end, the company also announced an extended 20-year warranty on home appliances and BESPOKE products. More specifically, Samsung announced at IFA 2022 […]

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Samsung Electronics to unveil world’s first 3nm chips on July 25

Samsung Electronics began the mass production of the 3nm chip on June 30. The company has now scheduled a launching ceremony on July 25, where it will unveil the 3nm chips, the most advanced semiconductor in the world. These 3nm chips are based on the Gate-All-Around (GAA) transistor architecture and are all set to be unveiled […]

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