samsung electronics profit
Scope
Date
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Electronics
Samsung launches wrapping ad on New York City tour buses
South Korea's Samsung Display Co. announced on Monday that it will launch a wrapping advertisement promoting the excellence of Samsung OLED on...
Aug 12, 2024 (Gmt+09:00)
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Korean stock market
Biotech stocks, foreigners’ top pick in Korea amid panic selling
Foreigners and institutional investors in the South Korean stock market picked biotechs as their favorite shares in hopes of a biopharma stock jump ...
Aug 11, 2024 (Gmt+09:00)
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Earnings
KT posts Q2 profit drops on pay raises, bonus payments
KT Corp., South Korea’s No. 1 telecom service provider, on Friday reported a 14.3% drop in second-quarter operating profit despite steady reve...
Aug 09, 2024 (Gmt+09:00)
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Real estate
IGIS puts NPS-backed building in Seoul on sale for $294 mn
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is seeking to sell a building backed by South Korea’s National ...
Aug 09, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Kakao to launch conversational AI platform for B2C commerce
South Korean mobile platform giant Kakao Corp. said on Thursday that it will accelerate its artificial intelligence push by launching a conversation...
Aug 08, 2024 (Gmt+09:00)
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Leadership & Management
Samsung SDS gains AI management system certification
Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...
Aug 08, 2024 (Gmt+09:00)
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Energy
Samsung signs wind turbine structure supply deal with Equinor
South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...
Aug 07, 2024 (Gmt+09:00)
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Korean games
PUBG’s Krafton taps ex-Apple, Samsung execs for global business
South Korean gaming giant Krafton Inc. has hired former executives of not only global game developers but also tech leaders such as Apple Inc. and S...
Aug 07, 2024 (Gmt+09:00)
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Companies
Kakao Games reports sharp drop in Q2 operating profit
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...
Aug 07, 2024 (Gmt+09:00)
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Earnings
SK Telecom logs higher quarterly profit on AI, lower costs
SK Telecom Co., South Korea’s top mobile carrier, reported a higher quarterly profit as its cost-cutting and strong artificial intelligence (A...
Aug 06, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung produces thinnest low-power DRAM for AI mobile devices
Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...
Aug 06, 2024 (Gmt+09:00)
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Korean stock market
Korean tech stocks suffer falls despite strong Q2 results
Some 60% of the Kospi-listed companies that posted above-forecast results in the second quarter of this year have seen their share prices declining ...
Aug 05, 2024 (Gmt+09:00)
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Korean chipmakers
Will Samsung benefit from Nvidia’s new AI chip delays?
Samsung Electronics Co., the world’s top memory chipmaker, is expected to benefit from Nvidia Corp.’s delays in shipping AI chips, as gl...
Aug 05, 2024 (Gmt+09:00)
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Corporate investment
Samsung invests in US AI security startup Protect AI
Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...
Aug 02, 2024 (Gmt+09:00)
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Electronics
LG Display to sell its last LCD plant to CSOT for $1.5 bn
South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...
Aug 02, 2024 (Gmt+09:00)
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Companies
Samsung, Ottogi unveil exclusive lifestyle TV goods
Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited edition goods called Samsu...
Aug 02, 2024 (Gmt+09:00)
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Fintech
BalanceHero sees record high H1 sales in India
BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...
Aug 02, 2024 (Gmt+09:00)
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Leadership & Management
Samsung’s new chip leader calls for restoring competitiveness
It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...
Aug 01, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung releases 1-terabyte microSD cards for mobile devices
Samsung Electronics Co. on Thursday released higher-capacity memory cards for portable devices that can store up to 1 terabyte (TB) of data, almost ...
Aug 01, 2024 (Gmt+09:00)
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Earnings
Samsung set to ship HBM3E chips in H2 after strong H1
Samsung Electronics Co. expects it will be ready to ship its fifth-generation high-bandwidth memory (HBM) chips, or HBM3E, in the second half, demon...
Jul 31, 2024 (Gmt+09:00)
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Automobiles
Kia’s Chinese business makes turnaround as it becomes export base
South Korean automaker Kia Corp.'s Chinese business has been struggling for years amid escalating tension between the US and China – Korea&rsq...
Jul 30, 2024 (Gmt+09:00)
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Batteries
Samsung SDI’s Q2 profit drops on sluggish European EV sales
Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...
Jul 30, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix aims for graphics chip supremacy with GDDR7 in Q3
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Tuesday it plans to begin volume production ...
Jul 30, 2024 (Gmt+09:00)
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Electronics
Samsung, LG bet big on gaming monitors on esports boom
South Korea’s electronics giants Samsung Electronics Co. and LG Electronics Inc. are gearing up for a fierce battle in the gaming monitor mark...
Jul 30, 2024 (Gmt+09:00)
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Electronics
Dreamtech builds electronics, medical device factory in India
South Korean electronics components maker Dreamtech said on Monday that it built a new factory in India's Greater Noida.The company invested 85.1 bi...
Jul 30, 2024 (Gmt+09:00)
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Food & Beverage
Korean soju makers likely to log strong quarterly profit
HiteJinro Co., South Korea’s leading soju maker, will likely post its best-ever quarterly profit in the second quarter as the clear distilled ...
Jul 29, 2024 (Gmt+09:00)
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Korean chipmakers
Sapien Semiconductors looks to overtake Novatek in MicroLED DDI chips
South Korea’s Sapien Semiconductors Inc. is a lesser-known startup outside of the chip industry. However, it is a little giant in the fabless ...
Jul 28, 2024 (Gmt+09:00)
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Earnings
Kia posts highest-ever profit margin, double Tesla's
Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second quarter, more than d...
Jul 26, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung SmartThings gets global certification for information security
Samsung Electronics Co. announced on Friday that its global connected living platform SmartThings received the ISO/IEC 27001:2022 certification for ...
Jul 26, 2024 (Gmt+09:00)
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Earnings
Hybrids, SUVs drive Hyundai Q2 profits to record high
Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...
Jul 25, 2024 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia