Samsung Electronics

(FILES) People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 5, 2024. - The United States on April 15, 2024, announced grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas. (Photo by Jung Yeon-je / AFP)

Samsung offers trade-in facility for competitor brands

Samsung Electronics has disclosed that its trade-in facility, which allows used devices of its brand to be exchanged for new ones, after an amount has been paid, is equally available for competitor
22 hours ago
(FILES) People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 5, 2024. - The United States on April 15, 2024, announced grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas. (Photo by Jung Yeon-je / AFP)

US to grant Samsung up to $6.4 bn for chip plants

The United States on Monday announced grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas.
3 months ago
A woman walks past a signboard of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 5, 2024. - Samsung Electronics said on April 5, it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover. (Photo by Jung Yeon-je / AFP)

Samsung Electronics expects 10-fold rise in Q1 profit

Samsung Electronics said Friday it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover.
3 months ago
SAN JOSE, CA - JULY 30: A sign is posted in front of a Samsung Electronics office on July 30, 2012 in San Jose, California / Justin Sullivan/Getty Images/AFP

Samsung boosts connectivity with new 5G devices

Samsung Electronics has unveiled new sets of devices targeted at helping Nigerians maximise the burgeoning effect of the Fifth-Generation (5G) network in Nigeria.
1 year ago
The logo of Samsung Electronics is seen outside the Samsung building in Seoul on July 31, 2018. Samsung Electronics on July 31 reported a 0.1 percent dip in its second quarter net profit from a year earlier, blaming slower global sales of premium smartphones that dented demand for its flagship Galaxy device. / AFP PHOTO / Jung Yeon-je

Samsung Electronics forecasts 52.5% jump in Q4 profits on record sales

Samsung Electronics expects operating profits for the fourth quarter to soar 52.5 percent, the South Korean tech giant said in a statement on Friday, spurred by record sales.
3 years ago
The logo of Samsung Electronics is seen outside the Samsung building in Seoul on July 31, 2018. Samsung Electronics on July 31 reported a 0.1 percent dip in its second quarter net profit from a year earlier, blaming slower global sales of premium smartphones that dented demand for its flagship Galaxy device. / AFP PHOTO / Jung Yeon-je

Samsung posts 46.3% jump in profit on strong smartphone sales

South Korean tech giant Samsung Electronics posted a 46.3 percent rise in first-quarter net profits on Thursday, largely driven by robust sales of its smartphones.
3 years ago
L-R Head, Consumer Electronics, Samsung Nigeria, Oluwaremilekun Adesola-Ogunsan and Executive Director, SIMS Nigeria Ltd, Ike Eyisi, Managing Director, Samsung Electronics Nigeria, Mr. Caden Chiyeon Yu and Head, Marketing Samsung Nigeria, Iretiogo Oke at the launch of Samsung The Frame TV at Nike Art Gallery Lekki, Lagos on Friday.

Samsung Launches New TV With Aesthetics

Samsung Electronics Nigeria has unveiled a new revolutionary and innovative QLED television that doubles as a piece of art on the wall when it is switched off at Nike Art Gallery in
4 years ago
A man walks past the logo of Samsung Electronics at the company's showroom in Seoul on October 31, 2019. - Samsung Electronics, the world's largest smartphone and memory chip maker, saw net profits slump by more than half in the third quarter, it said on October 31, amid a continued downturn in the global chip market. (Photo by Jung Yeon-je / AFP)

Samsung Electronics third-quarter net profit slumps 52%

The world's largest smartphone and memory chip maker Samsung Electronics saw net profits slump by more than half in the third quarter, it said Thursday, hit by an enduring downturn in the
5 years ago
The logo of Samsung Electronics is seen outside the Samsung building in Seoul on July 31, 2018. Samsung Electronics on July 31 reported a 0.1 percent dip in its second quarter net profit from a year earlier, blaming slower global sales of premium smartphones that dented demand for its flagship Galaxy device. / AFP PHOTO / Jung Yeon-je

Samsung embroiled in ‘One China’ row after K-pop star pulls out

The world's number one smartphone maker Samsung Electronics became the latest global brand to face criticism Wednesday for damaging China's "territorial integrity", with a Chinese K-pop star ending an endorsement contract.
5 years ago
The forecast will come as welcome news to the South Korean giant after a torrid period in which it had to ditch its flagship Galaxy Note 7 after several battery fires.

Samsung shares rise as Huawei struggles

Shares in Samsung Electronics climbed nearly three percent Tuesday on the back of its chief rival Huawei's mounting problems, including a decision by Google to sever ties with the Chinese mobile phone
5 years ago
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