Samsung plans to acquire big firms, considers mega mergers and acquisitions

2023 was a tough year for Samsung, as its profit dropped 85% compared to last year due to low demand for smartphones and memory chips. However, the company hasn’t lost its hopes and is looking to invest even more money to secure its future. One way to secure the future is to acquire promising firms […]

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China bans Apple and Samsung phones from government offices and firms

As tensions between China and the US escalate, the two countries are trying to counter each other through certain measures. The USA banned US-based chipmakers from exporting advanced chips and chip manufacturing technologies to Chinese firms. As a counterattack, the Chinese government has banned non-Chinese smartphones from its offices. Chinese government may have directed its […]

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Microsoft is among the top tech giants attracting employees from other competitor firms, according to a broad study

What you need to know A new study lists Microsoft among the top tech giants that attracts employees from other competitors in the tech world. Meta and Google have the highest percentage of employees that have worked for other tech giants before joining them. The study further disclosed that Microsoft attracted 7,937 employees from IBM, […]

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Samsung, Apple, and other big tech firms to invest in ARM’s IPO

Samsung and other big tech firms, such as Apple, AMD, NVIDIA, Intel, and Alphabet, are all set to invest in the British chip design firm ARM’s IPO. The chip design firm is valued at $50-$55 billion. Notably, ARM is owned by SoftBank, which has a 25% stake in the company. According to Reuters, talks are […]

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Apple, Other US Tech Firms Sign Letter Protesting India’s PC Import Restrictions

Apple has joined a coalition of U.S. businesses in protest at India’s sudden introduction of tech import restrictions last month, claiming the move will damage New Delhi’s ambitions to become a global manufacturing hub and harm consumers (via Bloomberg). In a letter sent to U.S. officials this week, eight American trade groups asked the government […]

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Samsung to share its technology patents with smaller firms for free

According to a new report, Samsung Electronics will share its royalty-free patents with smaller firms. The industry ministry of South Korea said that this move will help achieve the objective of achieving shared growth. The South Korean giant will let smaller firms use its 123 patent technologies. These 123 patent technologies are spread across various […]

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Samsung is biggest LCD TV panel buyer, but Chinese firms are not far behind

Omdia, a market research firm specializing in the technology industry, has published a new report ranking TV manufacturers based on the number of LCD panels they purchased from suppliers in Q1 2023, and the news isn’t all that great for Samsung. According to the latest analysis, Samsung purchased the highest number of LCD panels among […]

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More Chinese firms start using Samsung’s 200MP camera sensors

Samsung introduced the world’s first 200MP camera sensor for smartphones—ISOCELL HP1—in September 2021. Nine months later, it announced another 200MP camera sensor: ISOCELL HP3. So far, the two 200MP camera sensors from Samsung have been used by Xiaomi, Motorola, and Infinix in their high-end phones. According to leaked information, Realme is also set to opt […]

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Samsung is helping domestic fabless chip firms create prototype designs

In another bid to foster domestic growth, Samsung’s chipset foundry division has decided to help a few South Korean fabless chip design houses create prototypes and validate pre-production concepts at reduced costs. After a selection process of a few weeks, Samsung chose to help five fabless chip design houses, including DeepX, GLS, SKAi Chips, Semibrain, and […]

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EU Approves Landmark Legislation to Regulate Apple and Other Big Tech Firms

European Union lawmakers have approved landmark legislation to heavily regulate Apple, Google, Meta, and other big tech firms. The Digital Markets Act (DMA) and Digital Services Act (DSA) were proposed by the European Commission in December 2020. Now, collected in a “Digital Services Package,” the legislation has been adopted by the European Parliament and seeks […]

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Samsung Electronics retains the top spot in Korea’s top 500 firms list

The latest report by The Korea Times reveals that Samsung Electronics has retained its top spot in Korea’s top 500 firms by sales list. Notably, 39 new businesses made their debut on the list, according to corporate tracker CEO Score. Samsung Electronics is the flagship unit of Korea’s leading conglomerate Samsung Group, with its top […]

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