Samsung Electronics

Samsung scion Lee appeals against 5-year jail term for bribery

A defence lawyer for Samsung Electronics Vice Chairman Jay Y. Lee has filed an appeal against the five-year jail term he was given for bribery and other charges, the Seoul Central District Court`s website said on Monday.

Aug 28, 2017, 10:41 AM IST

'Mobile phone displays to overtake TV screens in 2017'

While mobile phone-related displays have surged forward, sales of TV screens contracted roughly 8 per cent per year during that same 2010-2016 period, Yonhap reported.

Aug 27, 2017, 15:14 PM IST

Verdict for Samsung heir weighs on telecom giant

The heir to the Samsung empire faces the verdict in his corruption trial Friday, which threatens to leave the world`s biggest smartphone maker rudderless for more than a decade.

Aug 23, 2017, 12:00 PM IST

South Korea prosecutors seek 12-year jail term for Samsung scion Jay Y. Lee

The court ruling is expected before August 27, when Lee`s current period of detention ends. Other charges he faces include wrongfully transferring assets overseas and hiding the proceeds of a crime. 

Aug 07, 2017, 14:23 PM IST

Samsung's Q2 net profit hits record high

South Korean tech giant Samsung Electronics on Thursday reported a second quarter net profit of 11 trillion won ($9 billion), up 89 per cent year-on-year, the company said in a statement here.

Jul 27, 2017, 09:06 AM IST

Samsung takes aim at TSMC with plans to triple chip foundry market share

Samsung Electronics plans to triple the market share of its contract chip manufacturing business within the next five years by aggressively adding clients, a senior company executive said, as it targets new growth drivers for the chips business.

Jul 24, 2017, 16:03 PM IST

Park Geun-Hye refuses order to testify in Samsung heir's trial

South Korea's disgraced former president Park Geun-Hye on Wednesday again refused to testify in the corruption trial of the heir to the Samsung business empire, citing poor health.

Jul 19, 2017, 16:32 PM IST

Samsung Electronics expects record-high Q2 profits

Samsung Electronics expects profits to soar 72 percent in the second quarter to a record high, it said on Friday, as it moves on from a recall debacle thanks to rising memory chip prices and increased demand for smartphones.

Jul 07, 2017, 09:56 AM IST

Samsung unveils redesigned version of flawed Galaxy Note

This new modified version, Galaxy Note FE (Fan Edition) goes on sale on Friday in South Korea, with a price tag of 699,600 won.

Jul 06, 2017, 12:58 PM IST

Samsung on track to take Intel's chip crown with record second-quarter earnings

Samsung Electronics Co Ltd is expected to report its best-ever quarterly profit in the second quarter, with soaring memory chip sales pushing it past Intel Corp as the biggest semiconductor maker by revenue for the first time.

Jul 05, 2017, 09:18 AM IST

Samsung to relaunch Galaxy Note 7 on July 7

A total of 400,000 units of the refurbished smartphone, named the Galaxy Note 7 Fan Edition, will go on sale at around $600, according to a company statement.

Jul 02, 2017, 16:24 PM IST

Samsung to sell refurbished Galaxy Note 7

The refurbished Galaxy Note FE handset will go on sale on July 7, company sources confirmed on Tuesday.

Jun 27, 2017, 15:51 PM IST

Samsung sells over 10 million Galaxy S8

Samsung Electronics has sold over 10 million of its Galaxy S8 and S8 plus smartphones in less than a month.

May 17, 2017, 16:04 PM IST

LG Electronics estimates Q1 profit surged, likely best in nearly 8 years

LG Electronics Inc estimated on Friday its first-quarter operating profit rose 82 percent to its highest in nearly eight years.

Apr 07, 2017, 16:07 PM IST

Samsung Group boss earned $1 million at flagship in Q4, shows first disclosure

Samsung Electronics Co Ltd said on Friday it paid Vice Chairman Jay Y. Lee, the third-generation leader of Samsung Group, 1.135 billion won ($1.02 million) in the fourth quarter of 2016, disclosing his compensation for the first time.

Mar 31, 2017, 16:00 PM IST

Samsung Galaxy S8 launched, to be available from April 21

Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s.

Mar 29, 2017, 20:58 PM IST

Samsung Elec says to sell refurbished Galaxy Note 7s

Tech giant Samsung Electronics Co Ltd said on Monday it plans to sell refurbished versions of the Galaxy Note 7 smartphones that were pulled from markets due to fire-prone batteries. 

Mar 27, 2017, 20:53 PM IST

Samsung launches 'curved' gaming monitor; price starts Rs 35,000

South Korean electronics giant Samsung on Thursday launched two variants of 'curved' gaming monitors for the Indian gaming industry with a starting price of Rs 35,000.

Feb 02, 2017, 18:38 PM IST

Samsung Q4 profit jumps 50% as record chip earnings mask Note 7 failure

The South Korean electronics manufacturer is counting on the booming chip market to continue driving growth as it works to recover from its biggest product recall crisis involving fire-prone Note 7 smartphones.

Jan 24, 2017, 08:55 AM IST

Samsung says faulty batteries caused Galaxy Note 7 fires, may delay new phone launch

Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices.

Jan 23, 2017, 10:52 AM IST