Tag: SamSung
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Samsung chief Lee acquitted of financial crimes related to merger
A South Korean court yesterday acquitted Samsung Electronics Chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his ... -
Samsung to invest USD230 billion to build ‘mega’ chip cluster
Samsung Electronics said yesterday it expects to invest 300 trillion won ($230 billion) over the next 20 years as part of an ambitious South Korean national ... -
Samsung sets goal to attain 100% clean energy by 2050
Samsung Electronics is shifting away from fossil fuels and aiming to entirely power its global operations with clean electricity by 2050, a challenging goal that experts ... -
Samsung’s Lee tightens grip on conglomerate in USD9.3b deal
Samsung Group heir apparent Lee Jae Yong solidified his control of South Korea’s biggest conglomerate through the purchase of a construction subsidiary in a deal valued ... -
Samsung’s profit hit by bigger iPhones, sinks 39 percent
Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half ... -
Samsung seeks boost from redesigned Note
The latest version of Samsung’s popular big-screen Galaxy Note has gone on sale at a crucial time for the South Korean company as it suffers a rapid decline ... -
Samsung profits suffer from iPhone competition
The world’s biggest smartphone maker is suffering a stunning financial decline in the face of intense competition from Apple Inc. and upstart Chinese brands. In a ... -
Samsung to launch new phone in China before Apple
Samsung Electronics Co. said yesterday its latest Galaxy Note 4 smartphone will go on sale in China and South Korea later this month as its flagging mobile business ...
