Samsung

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  • Samsung to Receive $6.4 Billion CHIPS Act Funding for Massive Semiconductor Plants in Texas
    SALES UP
    The Biden administration has announced that Samsung, the South Korean electronics giant, will receive $6.4 billion in direct funding under the CHIPS and Science Act to support the company's $40 billion investment in building a massive chipmaking hub in Taylor, Texas, and expanding its existing facility in Austin.
  • Samsung Unveils Galaxy A55 and A35 with Enhanced Security and Premium Features
    Samsung Unveils Galaxy A55 and A35 with Enhanced Security and Premium Features
    Samsung has expanded its midrange smartphone lineup with the introduction of the Galaxy A55 and Galaxy A35, both of which bring significant enhancements in security and design over their predecessors. Set to be available from March 20th in European markets, these new models underscore Samsung's commitment to offering advanced features in more accessible price segments.
  • Strategic Launch of Galaxy S24 Ultra Marks Samsung's AI Ambition
    Samsung
    Samsung is set to unveil the Galaxy S24 Ultra, marking a significant milestone in the company's journey. The upcoming Galaxy Unpacked event is more than just a product launch; it's a strategic maneuver poised to redefine Samsung's market position and technological prowess.
  • Leaked Real-Life Images of Samsung Galaxy S24 Ultra Reveal Design Tweaks and AI Features
    SALES UP
    Samsung's efforts to keep the wraps on its much-anticipated Galaxy S24 series have hit a snag, as real-life images of the Galaxy S24 Ultra have emerged online, causing a stir among tech enthusiasts. The leaked images surfaced just days before Samsung's official Unpacked event, scheduled for January 17, where the company is expected to unveil the Galaxy S24 series.
  • Samsung Galaxy S24 Ultra Set to Revolutionize Smartphone Videography with Advanced Features
    Samsung Galaxy S21
    Samsung's highly-anticipated Galaxy S24 series, featuring the base Galaxy S24, Galaxy S24 Plus, and the premium Galaxy S24 Ultra, is the talk of the tech world, stirring up excitement with its rumored AI-driven capabilities and exceptional video recording features.
  • Samsung Joins the AI Chip Race, To Produce 4nm AI Accelerator Chips for Groq
    SALES UP
    On August 14, U.S.-based AI chip firm Groq announced that Samsung Foundry's Taylor factory would produce its 4-nanometer AI accelerator chips. Groq's founder and CEO, Jonathan Ross, expressed that this collaboration with Samsung's 4nm process will mark a technological leap for Groq.
  • Samsung's High-Wire Act: Foreign Investment Surges and Stocks Soar, but Profits Plunge Amid the AI Boom
    SALES UP
    Amid the explosive growth of generative AI, investors are betting not only on TSMC, a prominent chip manufacturer, but also on Samsung. However, Samsung might find it challenging to keep pace with TSMC in this new race.
  • Samsung Implements New Policy Limiting AI Use in the Workplace
    WORLD'S BIGGEST
    According to an internal memo, Samsung has introduced a new policy this week, prohibiting employees from using generative artificial intelligence tools like OpenAI's ChatGPT and Google Bard in the workplace.
  • Poor Demand In PCs, Smartphones Drops Samsung Profits To Record Lows
    WORLD'S BIGGEST
    In a presentation to investors, Samsung confirmed that “mobile and PC demand was weak,” and its memory chip business had also suffered
  • Slump In Demand Drags Down Samsung's Quarterly Profit Estimates
    WORLD'S BIGGEST
    The global economy's decline lowered memory chip prices and reduced demand for smart devices
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