Samsung expects 2024 chip revenue returning to 2022 level

A significant decline in chip revenue has hurt Samsung’s profits significantly, but the company is now expecting a return to form, on the back of increased demand for memory products for AI applications. The company is now expecting its chip revenue this year to return to the 2022 level, which was before the downturn, and […]

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Samsung India expects 5G phones to bring 75% of all sales in 2024

The number of 5G phones in Samsung India’s product mix has increased significantly over the past couple of years. The vast majority of all Galaxy phones that it releases in the country are now equipped with 5G capabilities. With the launch of its new mid-range 5G devices, the Galaxy A35 and Galaxy A55, Samsung is […]

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Samsung expects $100 million revenue from chip packaging business

Samsung Electronics held its 55th annual general shareholders meeting today at the Suwon Convention Center in Suwon, Gyeonggi-do, South Korea. The company revealed its strategy for this year and expects revenue of $100 from its chip packaging business. The company’s 55th annual general shareholders meeting was attended by general shareholders, institutional investors, and top-level management […]

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Samsung expects to sell nearly half a million Galaxy Rings initially

Samsung finally showed off the Galaxy Ring wearable activity tracker at MWC 2024 last month. The company has only offered limited information about the device at this point in time, and said that it’s going to be released later this year. There’s bound to be good demand for the product when it finally arrives, at […]

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Samsung expects to sell around 2 million Galaxy F15 units in a year

As you might know, Samsung released the budget-friendly Galaxy F15 5G in India earlier today. As is tradition for F-branded phones in India, the Galaxy F15 is available through Samsung’s online store, Flipkart, and other authorized retailers in the country. And speaking of sales, Samsung India’s Vice President of MX Business has set a high […]

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