News

Samsung introduces 2nd generation AI model `Gauss 2` Samsung Electronics on Thursday unveiled Gauss 2, the second generation of its generative artificial intelligence (AI) model, at an annual tech conference.  During a keynote address of the online Samsung Developer Conference Korea 2024, the company highlighted the improved performance, efficiency and various application possibilities of its latest AI model. Samsung Gauss, first introduced last year, is aimed at enhancing the work efficiency of workers by facilitating tasks, such as...
Samsung introduces 2nd generation AI model `Gauss 2`
Samsung introduces 2nd generation AI model `Gauss 2`
Source: IANS
2024-11-21 10:15:48 am
Foreign ownership of South Korean stocks at yearly low Foreign ownership of South Korean shares fell to the lowest level of this year following Donald Trump's presidential reelection, data showed on Sunday.  Foreign holdings of Korean stocks on the main bourse KOSPI accounted for 32.3 per cent, or 637.48 trillion won ($456 billion), of the market capitalisation worth 1,973.51 trillion won as of Friday, according to the data compiled by the Korea Exchange. Foreign investors held 32.7 percent of KOSPI-listed stocks early this year bu...
Foreign ownership of South Korean stocks at yearly low
Foreign ownership of South Korean stocks at yearly low
Source: IANS
2024-11-17 10:26:36 am
Samsung to buy back stock worth $7.16 billion to boost shareholder value Samsung Electronics said on Friday it will buy back its own shares worth a combined 10 trillion won ($7.16 billion) over the next year as part of efforts to boost its shareholder value following a recent slide in its stock price.  In the buyback plan approved by the board of directors, a combined 3 trillion won of shares will be bought back within three months starting Monday and continuing until February 17, the company said in a statement. For the remaining 7 trillion won, the co...
Samsung to buy back stock worth $7.16 billion to boost shareholder value
Samsung to buy back stock worth $7.16 billion to boost shareholder value
Source: IANS
2024-11-15 04:10:16 pm
Samsung to expand chip packaging facilities for HBM Samsung Electronics will expand its semiconductor package facilities in South Chungcheong Province to boost production of high bandwidth memory (HBM) chips, company officials said on Tuesday.  Under a memorandum of understanding with the provincial government, Samsung Electronics will convert an underused liquid crystal display plant owned by Samsung Display Co. in Cheonan, some 85 kms south of Seoul, into a semiconductor fabrication plant, according to the officials. The new facil...
Samsung to expand chip packaging facilities for HBM
Samsung to expand chip packaging facilities for HBM
Source: IANS
2024-11-12 12:11:33 pm
Samsung needs to change to keep up with AI development: Expert Samsung Electronics, the world's largest memory chipmaker, appears to have fallen into a "crisis" amid challenging market conditions and disappointing quarterly performances.  Particularly due to its recent loss of leadership in the high bandwidth memory (HBM) segment, concerns have intensified over the company's potential decline in the semiconductor industry, where it has held the No. 1 position in the memory chip market since the early 1990s. Lin Hong-wen, a se...
Samsung needs to change to keep up with AI development: Expert
Samsung needs to change to keep up with AI development: Expert
Source: IANS
2024-11-10 10:24:49 am
Seoul shares down for 2nd day amid US election uncertainties South Korean stocks ended lower for the second day on Tuesday as investors treaded water ahead of the US presidential election. The local currency sharply lost ground against the US dollar.  The benchmark Korea Composite Stock Price Index (KOSPI) fell 12.09 points, or 0.47 per cent, to close at 2,576.88. Trade volume was slim at 306.1 million shares worth 7.6 trillion won ($5.5 billion), with winners outpacing losers 514 to 356, reports Yonhap news agency. Individual investors p...
Seoul shares down for 2nd day amid US election uncertainties
Seoul shares down for 2nd day amid US election uncertainties
Source: IANS
2024-11-06 09:49:06 am
Let`s make desperate efforts to bolster our tech leadership: Samsung CEO  The CEO of Samsung Electronics has called for the need to establish stronger technology leadership to address looming challenges and secure its dominant position in the evolving tech landscape.  "Securing technology and quality for our customers is the foundation of our competitiveness and the only way we can lead the paradigm shift," Han Jong-hee, Samsung's vice chairman and CEO, said at an event marking the 55th anniversary of Samsung Electronics' foundation ...
Let`s make desperate efforts to bolster our tech leadership: Samsung CEO
Let`s make desperate efforts to bolster our tech leadership: Samsung CEO
Source: IANS
2024-11-04 09:15:40 am
SK hynix likely to overtake Samsung in chip business' annual profit SK hynix, South Korea's second-biggest chipmaker after Samsung Electronics, is likely to overtake the bigger rival this year for the first time in the chip business' annual operating profit, brokerages said on Sunday.  SK hynix currently dominates the market for high-bandwidth memory (HBM) semiconductors used in artificial intelligence chipsets. It is the sole HBM supplier to US AI chip giant Nvidia. But Samsung Electronics lags behind its smaller rival as it still awaits q...
SK hynix likely to overtake Samsung in chip business' annual profit
SK hynix likely to overtake Samsung in chip business' annual profit
Source: IANS
2024-10-27 10:25:18 am
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand Warehouse developer IndoSpace said on Tuesday it will increase investment in the southern state of Tamil Nadu by 41% over the next three years, to meet increasing demand for industrial parks as more companies set up bases in India. Warehouse developers are facing a mad demand rush as companies bet on the country's economic boom and try to diversify supply chains beyond China. India's warehousing market is expected to more than double to $37 billion by 2032, consulting firm IMARC...
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand
India`s IndoSpace to dial up investment in Tamil Nadu state to meet warehouse demand
Source: Reuters
2024-10-08 03:45:11 pm
Global tablet market up 15 pc in Q2, growth to continue this year Global tablet shipments grew 15 per cent (year-on-year) in the second quarter (Q2) this year, despite a slow period historically, a report said on Tuesday.  The market witnessed a return to form in Q2 2024 as tech giant Apple and Samsung had new releases compared to none the previous year, while other market players also displayed strong numbers, according to Counterpoint Research’s latest ‘Global Tablet Market Tracker’. Research Associate Kevin Lee said the marke...
Global tablet market up 15 pc in Q2, growth to continue this year
Global tablet market up 15 pc in Q2, growth to continue this year
Source: IANS
2024-10-08 11:14:12 am
Samsung`s Q3 profit misses expectations on slow chip growth Samsung Electronics on Tuesday estimated its third-quarter (Q3) operating profit nearly tripled, but missed market expectations due to the lukewarm performance of its high-end memory chips used in artificial intelligence (AI) computing.  The world's biggest maker of memory chips expected an operating profit of 9.1 trillion won ($6.8 billion) for the third quarter, up 274.5 per cent from a year earlier, Samsung Electronics said in a regulatory filing. But operating profit retrea...
Samsung`s Q3 profit misses expectations on slow chip growth
Samsung`s Q3 profit misses expectations on slow chip growth
Source: IANS
2024-10-08 09:33:15 am
Samsung shares future business, research plans on AI in US Samsung Electronics said on Sunday it hosted a technology forum in Silicon Valley in the United States, bringing together experts in artificial intelligence (AI) technology to share the company's key business and research developments in the field.  At the company's '2024 Tech Forum' hosted by Samsung Research America in the Silicon Valley, senior managers from various Samsung business and divisions offered insights into their respective operations and research related...
Samsung shares future business, research plans on AI in US
Samsung shares future business, research plans on AI in US
Source: IANS
2024-10-06 09:37:24 am
Samsung begins mass production of industry-leading SSD for AI computers Samsung Electronics said on Friday that it has begun mass production of its latest industry-leading solid-state drive (SSD) product, optimal for usage in powerful artificial intelligence personal computers.  Samsung said the PM9E1 SSD, which boasts the industry's highest performance and largest capacity, is built on its in-house 5-nanometer-based controller and eighth-generation V-NAND technology. According to the company, the PM9E1 will provide powerful performance and enhance...
Samsung begins mass production of industry-leading SSD for AI computers
Samsung begins mass production of industry-leading SSD for AI computers
Source: IANS
2024-10-04 09:41:32 am
Qualcomm interested in acquiring rival chip maker Intel Chip giant Qualcomm has reportedly approached rival semiconductor firm Intel about the possibility of acquiring it but has not made any official offer yet.  Multiple reports on Saturday claimed that Qualcomm has been considering a "full takeover" of US semiconductor manufacturer. A report in The Wall Street Journal first revealed that although a deal is “far from certain,” the two companies have held talks on the subject. Both Qualcomm and Intel declined to...
Qualcomm interested in acquiring rival chip maker Intel
Qualcomm interested in acquiring rival chip maker Intel
Source: IANS
2024-09-21 10:32:43 am
Samsung acquires British knowledge graph tech startup for AI Samsung said on Thursday it has acquired the British artificial intelligence (AI) and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities.  The South Korean tech giant did not disclose financial terms of the deal, reports Yonhap news agency. Established in 2017 by Oxford University professors Ian Horrocks, Boris Motik and Bernardo Cuenca Grau, Oxford Semantic Technologies specialises in cutting-edge knowledge representation...
Samsung acquires British knowledge graph tech startup for AI
Samsung acquires British knowledge graph tech startup for AI
Source: IANS
2024-07-18 09:29:48 am
Working closely with component partners in India to boost infra, supply chain: Samsung`s TM Roh As India doubles down on local electronics manufacturing and the entire ecosystem around it, Samsung, which has been operating its manufacturing facility in the country since 1996, is working closely with component partners in the domestic market to strengthen infrastructure and supply chain, T.M. Roh, President and Head of MX Business at Samsung Electronics, said on Wednesday.  Roh said the Indian market is very important to the South Korean company and the “collaborations and ...
Working closely with component partners in India to boost infra, supply chain: Samsung`s TM Roh
Working closely with component partners in India to boost infra, supply chain: Samsung`s TM Roh
Source: IANS
2024-07-17 04:09:39 pm
Samsung chief Lee Jae-yong visits India Samsung Electronics Chairman Lee Jae-yong has been on a visit to India to review the company's local operations and meet with business partners, according to a report.  Lee arrived in Mumbai on Thursday, reports Yonhap News Agency, citing sources. Samsung Electronics operates a smartphone factory in Noida, northern India, and a home appliance facility in Sriperumbudur, southern India, along with several R&D and design centres. It also has a strong presence in the network...
Samsung chief Lee Jae-yong visits India
Samsung chief Lee Jae-yong visits India
Source: IANS
2024-07-12 01:57:31 pm
Samsung participates in US biotech company's $277 million investment Samsung Electronics said on Friday it has participated in a Series D investment round for the US biotech company Element Biosciences as a strategic investor, expecting to create synergy in the potential medical and digital health care sectors.  Samsung Electronics joins other investors, including Fidelity and Foresite Capital, in the US company's $277 million Series D round, reports Yonhap news agency. The South Korean tech giant said the investment will help it explore new bus...
Samsung participates in US biotech company's $277 million investment
Samsung participates in US biotech company's $277 million investment
Source: IANS
2024-07-12 09:58:06 am
Texas governor visits Samsung Electronics` chip facility Texas Governor Greg Abbott visited Samsung Electronics’ semiconductor facility in South Korea on Tuesday, expressing his appreciation for the company's investments in the U.S. state.  He toured Samsung's Pyeongtaek Campus, located approximately 60 kms south of Seoul, looking around the chip production line and various products, according to industry sources. Samsung Electronics officials, including Vice Chairman Jun Young-hyun, who heads the tech giant's semicondu...
Texas governor visits Samsung Electronics` chip facility
Texas governor visits Samsung Electronics` chip facility
Source: IANS
2024-07-09 09:59:30 am
Samsung sets up development team for high bandwidth memory chips Samsung Electronics, the world's largest memory chipmaker, has newly set up a unit dedicated to developing high bandwidth memory (HBM) in a bid to regain the leadership in the artificial intelligence (AI) semiconductor market, industry sources said on Thursday.  The new HBM development team, part of an organisational overhaul of the company's semiconductor division, aims to consolidate R&D functions and strengthen research efforts, according to the sources. Vice Preside...
Samsung sets up development team for high bandwidth memory chips
Samsung sets up development team for high bandwidth memory chips
Source: IANS
2024-07-05 09:31:23 am
Samsung Heavy wins $1 billion order for 4 LNG carriers South Korean shipbuilder Samsung Heavy Industries said on Monday it has won a 1.4 trillion-won ($1 billion) order to build four liquefied natural gas (LNG) carriers for a Middle Eastern shipper.  The vessels will be delivered to the undisclosed shipping company by August 2028, Samsung Heavy Industries said in a regulatory filing. So far this year, the shipbuilder has clinched orders worth $4.9 billion to build 22 ships, or 51 percent of its 2024 target of $9.7 billion, reports Yonh...
Samsung Heavy wins $1 billion order for 4 LNG carriers
Samsung Heavy wins $1 billion order for 4 LNG carriers
Source: IANS
2024-07-01 12:12:58 pm
Samsung builds AI chip infrastructure used in more efficient computing Samsung Electronics said on Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing.  The infrastructure for so-called compute express link (CXL) technology was built at Samsung Memory Research Center in Hwaseong, about 45 kms south of Seoul, the company said in a statement. The CXL technology allows an efficient operation among computer processing units, accelerators and memory chips. It is considered n...
Samsung builds AI chip infrastructure used in more efficient computing
Samsung builds AI chip infrastructure used in more efficient computing
Source: IANS
2024-06-25 02:23:24 pm
Samsung Chairman meets with Meta, Amazon and Qualcomm CEOs in US Samsung Electronics Chairman Lee Jae-yong has met with the heads of Meta, Amazon and Qualcomm in the US this week to discuss future technologies and business collaborations, the company said on Thursday.  Lee, who has been on a two-week business trip in the US, was invited to Mark Zuckerberg's home in Palo Alto, California, on Tuesday (US time) where he had talks with Meta's founder and CEO, according to Samsung Electronics. It is their second meeting in 2024 after Zuckerbe...
Samsung Chairman meets with Meta, Amazon and Qualcomm CEOs in US
Samsung Chairman meets with Meta, Amazon and Qualcomm CEOs in US
Source: IANS
2024-06-13 02:59:04 pm
Samsung to provide comprehensive AI solutions for foundry biz Samsung Electronics said on Thursday it will provide comprehensive "one-stop" artificial intelligence (AI) solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips.  "At a time when numerous technologies are evolving around AI, the key to its implementation lies in high-performance, low-power semiconductors," Choi Si-young, head of foundry business at Samsung Electronics, said during the annual Samsung Fo...
Samsung to provide comprehensive AI solutions for foundry biz
Samsung to provide comprehensive AI solutions for foundry biz
Source: IANS
2024-06-13 09:47:26 am
SK hynix to mass produce industry-leading AI chips this year: CEO Kwak Noh-jung, CEO of South Korean chipmaker SK hynix, on Thursday unveiled plans to mass-produce, up-to-date high bandwidth memory (HBM) chips with 12 layers in the third quarter, aiming to solidify the company's leadership in the artificial intelligence (AI) memory market amid surging demand. "On the HBM technology side, the company is planning to provide samples of 12-high HBM3E with the industry's best performance in May, and start mass production in the third quarter,&quo...
SK hynix to mass produce industry-leading AI chips this year: CEO
SK hynix to mass produce industry-leading AI chips this year: CEO
Source: IANS
2024-05-02 01:40:37 pm
Samsung Q1 operating profit soars, chip business back to profit Samsung Electronics said on Tuesday its operating profit went up more than ten-fold in the first quarter, with its chip business shifting to the black for the first time in five quarters. Samsung Electronics, the world's largest maker of smartphones and memory chips, said its operating profit reached 6.6 trillion won (US$4.8 billion) for the January-March period, compared with 640.2 billion won a year ago. Its sales jumped 12.8 per cent to 71.9 trillion won, and net profit soared 32...
Samsung Q1 operating profit soars, chip business back to profit
Samsung Q1 operating profit soars, chip business back to profit
Source: IANS
2024-04-30 10:21:34 am
Samsung expects $4.9 billion in profit in Q1 as chip demand rebounds Samsung Electronics said on Friday that its operating profit for the first quarter is estimated to have shot up more than 10-fold on rebounding demand for memory chips, beating market expectations. The world's biggest maker of memory chips expected a first-quarter operating profit of 6.6 trillion won ($4.9 billion), up 931.3 per cent from a year earlier, Samsung Electronics said in a regulatory filing. The operating profit was 20.5 percent higher than the average estimate, according...
Samsung expects $4.9 billion in profit in Q1 as chip demand rebounds
Samsung expects $4.9 billion in profit in Q1 as chip demand rebounds
Source: IANS
2024-04-05 10:40:18 am
India gives over $1 billion incentives to private firms under its manufacturing scheme, official says India has paid $1.02 billion as incentives to boost local manufacturing, following over $13 billion in investments from private firms under a scheme introduced in 2020, a top government official said on Wednesday. The 1.97-trillion-rupee ($24 billion) production-linked incentive scheme (PLI) is India's key industrial policy and covers 14 sectors ranging from electronic products to drones. Critical to Prime Minister Narendra Modi's plans to promote India as a global manufacturing...
India gives over $1 billion incentives to private firms under its manufacturing scheme, official says
India gives over $1 billion incentives to private firms under its manufacturing scheme, official says
Source: Reuters
2024-04-04 12:34:16 pm
Foreigners net purchased record $11.7 billion shares in South Korea in Q1 Foreigners net purchased over 15 trillion won ($11.7 billion) worth of local shares in the first three months of the year in South Korea, breaching the 15 trillion-won mark for the first time in history, data showed on Saturday. Foreign investors scooped up a net 15.77 trillion won worth of shares in the first quarter, the highest quarterly figure since the country's main stock exchange KRX began compiling such data in 1998. The previous record was 14.79 trillion won tallied in the ...
Foreigners net purchased record $11.7 billion shares in South Korea in Q1
Foreigners net purchased record $11.7 billion shares in South Korea in Q1
Source: IANS
2024-03-30 10:51:25 am
World`s 1st web platform-based robot OS to arrive this week South Korean tech giant Naver said on Tuesday that it will unveil a web platform-based robot operating system (OS) for the first time in the world. Naver is joining the ‘LEAP 2024’ event this week in Riyadh, Saudi Arabia, along with Google, Apple, Meta Platforms, AWS and other global big techs. During the event, the Korean company will present the "ARC mind powered by Whale OS," the world's first web platform-based robot OS, to help robotics developers worldwid...
World`s 1st web platform-based robot OS to arrive this week
World`s 1st web platform-based robot OS to arrive this week
Source: IANS
2024-03-05 12:35:43 pm
South Korean President, Meta CEO Mark Zuckerberg discuss cooperation on AI South Korean President, Yoon Suk Yeol and Meta Platforms CEO, Mark Zuckerberg met in Seoul on Thursday and discussed ways to expand cooperation in the Artificial Intelligence (AI) and Extended Reality (XR) sectors, a presidential official said. Zuckerberg was in Seoul on a three-day visit, during which he met with Samsung Electronics Chairman Lee Jae-yong, LG Electronics CEO Cho Joo-wan and other businesspeople to discuss collaborations in the cutting-edge industries, Yonhap news agency re...
South Korean President, Meta CEO Mark Zuckerberg discuss cooperation on AI
South Korean President, Meta CEO Mark Zuckerberg discuss cooperation on AI
Source: IANS
2024-02-29 01:35:50 pm
Samsung unveils Galaxy Ring with health-tracking features at MWC Samsung Electronics on Monday unveiled the long-awaited Galaxy Ring smart device for the first time at the ongoing Mobile World Congress (MWC) 2024. The ring-type digital healthcare device was showcased in three colours and nine sizes at the South Korean company's booth on the opening day of this year's MWC, which kicked off at Fira Gran Via in Barcelona, Spain, according to Samsung. The Galaxy Ring will be comfortable to wear while sleeping, and the ring's inner surface wil...
Samsung unveils Galaxy Ring with health-tracking features at MWC
Samsung unveils Galaxy Ring with health-tracking features at MWC
Source: IANS
2024-02-26 06:25:34 pm
Samsung to join alliance to lead AI-powered 6G network tech Samsung Electronics on Monday said that it participated in the US chip giant Nvidia-led alliance in a bid to lead the next-generation 6G network technologies powered by artificial intelligence (AI). The South Korean tech giant said it is a founding member of the AI-RAN Alliance, launched during this year's Mobile World Congress (MWC), along with semiconductor, telecommunications and software big names including Nvidia, Arm, SoftBank, Ericsson, Nokia and Microsoft. The MWC 2024 kicke...
Samsung to join alliance to lead AI-powered 6G network tech
Samsung to join alliance to lead AI-powered 6G network tech
Source: IANS
2024-02-26 01:52:31 pm
Samsung to unveil Galaxy Ring at Mobile World Congress Samsung Electronics said on Sunday that it plans to unveil the design of the envisioned Galaxy Ring smart device at this week's Mobile World Congress (MWC) in Spain. The showcase comes in line with Samsung Electronics' efforts to adopt artificial intelligence technologies in a wider array of devices to offer personalised health care experiences, the company said in a statement. "As part of this portfolio, the Galaxy Ring is being unveiled as a new health form factor that si...
Samsung to unveil Galaxy Ring at Mobile World Congress
Samsung to unveil Galaxy Ring at Mobile World Congress
Source: IANS
2024-02-26 10:50:08 am
Samsung brings Galaxy AI to more devices with new update Samsung Electronics on Thursday announced the availability of Galaxy AI features on more devices through a new ‘One UI 6.1’ software update. The update will be available across the Galaxy S23 series, S23 FE, Z Fold5, Z Flip5 and Tab S9 series, starting to roll out from the end of March, the company said in a statement. “Our goal with Galaxy AI is not only to pioneer a new era of mobile AI but also to empower users by making AI more accessible,” said TM Roh, Presi...
Samsung brings Galaxy AI to more devices with new update
Samsung brings Galaxy AI to more devices with new update
Source: IANS
2024-02-22 11:45:59 am
PM Narendra Modi witnesses Samsung `Galaxy AI` at UP event  Prime Minister Narendra Modi on Monday met J.B. Park, President and CEO, Samsung Southwest Asia, at the UP Ground Breaking Ceremony 4.0 (GBC 4.0) and witnessed the recently-launched ‘Galaxy AI’ features. Park showcased various features of 'Galaxy AI’ to PM Modi at the UP ‘Global Investors’ Summit 2023’. He explained the contribution of Samsung engineers to ‘Galaxy AI’, the company said in a statement. Park also talked about th...
PM Narendra Modi witnesses Samsung `Galaxy AI` at UP event
PM Narendra Modi witnesses Samsung `Galaxy AI` at UP event
Source: IANS
2024-02-20 11:16:56 am
Samsung retains top spot in global TV market for 18 straight years Samsung Electronics said on Monday that it has retained its position as the top player in the global television market for the 18th consecutive year. The South Korean tech giant took up 30.1 percent of the world TV market in terms of revenue last year, remaining at the top since 2006, according to Samsung Electronics, citing the market research firm Omdia. Its flagship QLED TVs have contributed to the company's strong performance, with sales reaching 8.31 million units last year, re...
Samsung retains top spot in global TV market for 18 straight years
Samsung retains top spot in global TV market for 18 straight years
Source: IANS
2024-02-19 02:28:34 pm
Samsung partners Princeton University for 6G network tech The South Korean giant said on Tuesday that Samsung Research America (SRA), its research and development organisation, has partnered with Princeton University in the US to jointly develop next-generation 6G network technologies. Under the collaboration, SRA will become a founding member of Princeton University's "NextG Initiative Corporate Affiliates Program," aiming to spearhead R&D in 6G technologies, according to Samsung Electronics. The programme was launched by th...
Samsung partners Princeton University for 6G network tech
Samsung partners Princeton University for 6G network tech
Source: IANS
2024-02-13 03:46:29 pm
Samsung chairman emphasises on rolling out `bold` investment Samsung Electronics Chairman Lee Jae-yong has emphasised the importance of "bold" investments during a visit to Samsung SDI's battery production line in Malaysia, the company said on Monday. The visit was made in Lee's first overseas trip since he was cleared of all charges in a court ruling on the controversial 2015 merger of two Samsung affiliates allegedly conducted to help him take over control of South Korea's biggest conglomerate. "We should not be focus...
Samsung chairman emphasises on rolling out `bold` investment
Samsung chairman emphasises on rolling out `bold` investment
Source: IANS
2024-02-12 11:51:36 am
Samsung Galaxy S24 Ultra: AI blends perfectly with productivity, creativity Artificial intelligence (AI) is here and when it comes to devices around us, the role of this new technology to boost productivity, creativity and overall daily-life experiences is now being explored by various original equipment manufacturers (OEMs). For the record, Samsung has taken a leap with its new ‘Galaxy AI phones’. From breaking language barriers with AI-driven text and call translations to maximising creativity with its ‘ProVisual Engine’ that comes with A...
Samsung Galaxy S24 Ultra: AI blends perfectly with productivity, creativity
Samsung Galaxy S24 Ultra: AI blends perfectly with productivity, creativity
Source: IANS
2024-01-23 11:30:42 am
Samsung flags 35% slip in Q4 2023 profit, misses forecast  Samsung Electronics on Tuesday predicted that its operating profit for the fourth quarter of last year would tumble 35 per cent on year, hurt by persistent weak demand for its mainstay semiconductor division. Samsung, the world's biggest maker of memory chips and smartphones, estimated its fourth-quarter operating profit at 2.8 trillion won ($2.1 billion), compared with a profit of 4.3 trillion won for the same period of 2022. The forecast missed the average estimate of 3.9 tr...
Samsung flags 35% slip in Q4 2023 profit, misses forecast
Samsung flags 35% slip in Q4 2023 profit, misses forecast
Source: IANS
2024-01-09 12:18:32 pm
Samsung unveils new AI-based QLED TV at CES 2024 Samsung Electronics on Monday unveiled a new high-end TV with more enhanced connectivity and features powered by its latest artificial intelligence (AI) processor, ahead of CES 2024. The flagship 2024 Neo QLED 8K TV incorporating the NQ8 AI Gen 3 AI processor, the company's AI-based neural quantum processor technologies, premiered at a showcase named "The First Look" held in Las Vegas before this year's annual tech show this week. Samsung Electronics said the model is ...
Samsung unveils new AI-based QLED TV at CES 2024
Samsung unveils new AI-based QLED TV at CES 2024
Source: IANS
2024-01-08 10:31:58 am
Samsung vows to prioritise retaining its technological supremacy South Korean tech behemoth Samsung Electronics on Tuesday announced its strategic priorities for the new year, emphasising the strengthening of the company's competitiveness through technological supremacy and adaptability to future changes. In a joint New Year's message, co-CEO and Vice Chairman Han Jong-hee and co-CEO and President Kyung Kye-hyun outlined the strategic focus on core values, including the pursuit of "super-gap technologies," to maintain a competitive edg...
Samsung vows to prioritise retaining its technological supremacy
Samsung vows to prioritise retaining its technological supremacy
Source: IANS
2024-01-02 10:16:32 am
Foreign net purchases of Samsung Electronics reach all-time high Foreign investors' net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed on Monday. Offshore investors scooped up a net 16.7 trillion won ($12.9 billion) worth of stocks of Samsung Electronics, the world's largest memory chipmaker, last year, according to the data by the Korea Exchange (KRX). It is the largest foreign net buying of Samsung Electronics shares since the ...
Foreign net purchases of Samsung Electronics reach all-time high
Foreign net purchases of Samsung Electronics reach all-time high
Source: IANS
2024-01-01 11:57:02 am
Samsung`s Biggest Festive Sale `Fab Grab Fest` is Back with Never-seen Before Deals & Offers on Smartphones, Digital Appliances, Monitors, Tablets & More; Available on Samsung.com and Samsung Exclusive Stores Samsung India today announced its biggest festive sale ?Fab Grab Fest?, with bumper offers and exciting cashback on Samsung Galaxy smartphones, tablets, laptops, accessories, wearables, TVs, digital appliances and smart monitors. These never seen before offers will be available across Samsung.com, Samsung Exclusive Stores and the Samsung Shop App starting today.During the ?Fab Grab Fest?, consumers can get up to 45% off on select models of Galaxy Z series, S Series, A series, M seri...
Samsung`s Biggest Festive Sale `Fab Grab Fest` is Back with Never-seen Before Deals & Offers on Smartphones, Digital Appliances, Monitors, Tablets & More; Available on Samsung.com and Samsung Exclusive Stores
Samsung`s Biggest Festive Sale `Fab Grab Fest` is Back with Never-seen Before Deals & Offers on Smartphones, Digital Appliances, Monitors, Tablets & More; Available on Samsung.com and Samsung Exclusive Stores
Source: PR Agency
2023-10-05 12:27:49 pm