Business
Samsung’s profit triples to record high as AI boom exacerbates chip shortage
Samsung Electronics said its operating profit more than tripled to a record high in the fourth quarter, as the race to build artificial…
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Samsungs
Business
Samsung’s chip profit soars after AI fuels demand for memory
The spending spree is spilling over into demand for conventional memory products, where the chipmaker dominates Samsung Electronics’…
Business
Samsung’s big Tesla order fuels recovery bets despite chip woes
Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off…
Business
Samsung’s bet on foldable phones faces major test with slimmer new model
Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the…
Business
Samsung’s profit recovery seen weakening in Q3
SAMSUNG Electronics is expected to flag more than a four-fold jump in quarterly profit on Tuesday (Oct 8) on improving demand for chips,…
Business
Samsung’s Singapore staff not spared as it cuts thousands of jobs globally amid struggles in AI market
SAMSUNG Electronics is laying off workers in South-east Asia, Australia and New Zealand as part of a plan to reduce global headcount by…