Business
Tesla Signs $16.5 Billion Chip Deal with Samsung to Power Next-Gen AI Plans
Tesla has signed a $16.5 billion deal with Samsung Electronics for the production of next-generation AI6 chips, CEO Elon Musk confirmed on…
Tag
Samsung
Business
Samsung Electronics signs US$16.5 billion contract to supply semiconductors
Samsung Electronics said on Monday it has signed a contract valued at US$16.5 billion to supply semiconductors to a major global…
Business
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker had signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to…
Business
Samsung reasserts clout as top South Korean stock on AI catch-up hopes
Samsung Electronics has at least briefly reassumed its place as South Korea’s most important stock, as investors eye chances for it to…
Business
Samsung pushes for diverse AI agents in Galaxy mobile devices
UNG Electronics is in talks with the likes of OpenAI and Perplexity AI to integrate more AI services in upcoming Galaxy devices, seeking a…
Business
Samsung chairman Lee’s long legal saga ends with acquittal
Samsung Electronics executive chairman Lee Jae-yong was cleared of all charges related to accounting fraud and stock manipulation by South…
Business
Samsung posts first profit drop since 2023 after AI chip delays
Samsung Electronics’ profit shrank more than expected after encountering hiccups in plans to sell cutting-edge artificial intelligence…
Unsorted
US may target Samsung, Hynix, TSMC operations in China: sources
The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and…
Culture
Google Mocks Apple's iOS 26 With Humorous Podcast Video, Samsung Joins Roast
Apple announced iOS 26, the newest version of its operating system, on June 9th as one of a slew of new announcements at the Worldwide…
Business
Samsung in talks to invest in California-based Exo
Discussions on all the potential developments are ongoing and details could change Samsung Electronics’ investment arm is among a group of…
Business
Samsung Electronics drops Q2 outlook due to trade uncertainties
Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for…
Business
Apple Finalizes Samsung Display for Foldable iPhone OLEDs, Solves Crease Challenge with Advanced Hinge Tech
iPhone maker Apple is gearing up to enter the foldable phone market with the help of Samsung Display. The company had to put its plan to…
Business
Perplexity in talks to integrate assistant into Samsung, Motorola phones
Perplexity AI, an artificial intelligence (AI) startup vying with Google and OpenAI, is ramping up efforts to get prime placement for its…
Business
Samsung warns of slow AI chip sales in Q1, hurt by US restrictions on China
SAMSUNG Electronics on Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to U.S. export…
Business
SK Hynix posts record quarterly profit surpassing Samsung on AI boom - The Business Times
SOUTH Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as…
Unsorted
Samsung to beat Apple to ultrathin phone with Galaxy S25 Edge - The Business Times
SAMSUNG Electronics plans to launch an ultrathin version of its Galaxy S25 phone in the first half of this year, beating Apple to a…
Business
US proposes US$7.5 billion loan to Stellantis, Samsung SDI battery joint venture
THE US Energy Department said on Monday (Dec 2) it is planning to loan up to US$7.5 billion to a joint venture of Chrysler parent…
News
South Korea prosecutors seek 5-year jail term for Samsung Electronics chief in appeals case
SOUTH Korean prosecutors requested on Monday (Nov 25) a five-year jail term for Samsung Electronics chairman Lee Jae-yong over actions in…
Business
Samsung ordered to pay US$118 million for infringing Netlist patents
A FEDERAL jury in Marshall, Texas, on Friday (Nov 22) awarded computer memory company Netlist US$118 million in damages from Samsung…
Business
Samsung unveils surprise US$7 billion buyback over coming year
Samsung Electronics plans to buy back about US$7.2 billion of its own stock over the next year, putting in motion one of the larger…
Business
Samsung rises after signalling progress with Nvidia on AI memory
Samsung Electronics declared progress in supplying its most advanced artificial intelligence (AI) memory chips to Nvidia, offering some…
Unsorted
Samsung Galaxy S25 Ultra: Design upgrade, Qualcomm chip, One UI 7 expected
Samsung Galaxy S24 Ultra smartphone 2 min read Last Updated : Oct 08 2024 | 4:02 PM IST Software, particularly its suite of artificial…
Business
Samsung results disappoint as AI chip gap with rivals persists
SAMSUNG Electronics posted profit and revenue that fell short of market expectations, stoking uncertainty about the outlook of its pivotal…
Business
Samsung apologises for disappointing profit as it struggles in AI chips
SAMSUNG Electronics estimated on Tuesday (Oct 8) that its third-quarter operating profit jumped nearly four-fold but missed analysts’…