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Samsung Electronics Q2 profit likely to drop 39% on weak AI chip sales – The Economic Times

Samsung Electronics is predicted to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying superior memory...

Samsung to invest $117 million in southern Indian facility, minister says

South Korea's Samsung Electronics will make investments 10 billion rupees ($117.09 million) in its facility in southern India, a minister mentioned on Friday,...

Apple and Samsung to Invest in Softbank-Owned Chip Firm Arm at IPO: Report

Apple and Samsung Electronics will spend money on SoftBank Group-owned chip designer Arm at its preliminary public providing (IPO), anticipated in September, Japan's...

Samsung Electronics Flags 96 Percent Drop in Q2 Profit as Chip Glut Drags On

Samsung Electronics reported a probable 96 % plunge in second-quarter working revenue on Friday, largely in keeping with forecasts, as an ongoing chip...

Samsung’s Profit Drops 95%, Worst Quarterly Earnings In 14 Years

<!-- -->Samsung blamed weakening demand for reminiscence chips .Seoul, South Korea: Samsung Electronics on Thursday reported its worst quarterly earnings in 14 years,...

Samsung Electronics to triple advanced chip production by 2027, sees robust demand

Samsung Electronics' chip contract manufacturing enterprise mentioned on Tuesday it plans to greater than triple its superior chips manufacturing capability by 2027 to...

India’s Attero Recycling to Spend $1 Billion by 2027

India's largest electronics recycling agency Attero Recycling will spend $1 billion (roughly Rs. 7,765 crore) within the subsequent 5 years and add crops...

Nvidia-Arm deal, worth over $80 billion, faced threat of US FTC lawsuit

The US Federal Trade Commission has sued to dam US chip firm Nvidia Corp.'s greater than $80 billion deliberate acquisition of British chip...

Samsung to invest $206 billion by 2023 for post-pandemic growth

SEOUL -Samsung Group will invest 240 trillion gained ($206 billion) within the subsequent three years to develop its footprint in biopharmaceuticals, synthetic intelligence,...

Samsung Planning $17 Billion Chip-Making Plant in US

Samsung Electronics is contemplating Austin, Texas, as one of many websites for a brand new $17 billion chip plant that the South Korean agency...

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Corner Office Conversation with Sridhar Vembu: Humble beginnings in 1990 to a Billion Dollar global venture

What occurs when a small Indian software program agency quietly evolves into a world SaaS powerhouse with out exterior funding or information monetization?...