Samsung Electronics Co Ltd on Friday (January 7) said its fourth-quarter operating profit likely jumped 52% on-year to its highest for the quarter in four years, helped by solid demand for server memory chips and higher margins in chip contract manufacturing.
Samsung BioLogics on Thursday denied a media report that said the South Korean firm was in talks to buy U.S. drugmaker Biogen Inc.
Texas Gov. Greg Abbott and Samsung announced Tuesday the company would be building a $17 billion semiconductor chip factory in Taylor, Texas
Samsung plans to build a roughly $17 billion chip-making plant in Taylor, Texas, according to people familiar with the matter, a mega investment by the South Korean tech giant, as the Biden administration pushes for an expansion of U.S. semiconductor production.
Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely rose 28% to the highest in three years, helped by rising memory chip prices and display sales for smartphone makers' new flagship launches.
Samsung Electronics Co Ltd is likely to turn in its best quarterly profit in three years and a record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts' estimates show.
Samsung Electronics Co Ltd is close to finalising the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said.
A decision by Samsung Electronics on the location of its new $17 billion U.S. chip plant was imminent, the judge for Texas' Williamson County, which is in the running for the new factory, said on Thursday.
U.S. sanctions have pummeled Huawei Technologies Co.’s smartphone business. A different Chinese tech company is reaping the benefits.
Samsung Electronics Vice Chairman Jay Y.
Samsung Electronics Co Ltd on Wednesday reported a likely 53% jump in second-quarter operating profit, beating market estimates on the back of strong chip prices and demand despite lower smartphone sales.
Samsung Electronics Co Ltd likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centers.
The inheritance tax bill is one of the largest ever in both Korea and globally