Search result for Samsung
Losses in global foundry sales in 2023 will hurt Taiwan and South Korea.
This year is expected to be a down year for revenues in the worldwide contract chipmaking industry, also known as foundries, as demand for sophisticated chips, which have strengthened the technology-driven economies of Taiwan and South Korea, rapidly cools. Foundry sales are forecast to drop by 4...
Sales of global foundries are expected to fall in 2023, hurting Taiwan and South Korea in particular.
The advanced chips that have strengthened the economies of Taiwan and South Korea through technological innovation have seen a sharp decline in demand, and foundry revenues around the world are expected to plummet as a result. Foundry sales are predicted to fall by 4% in 2023 from 2022, according...
Samsung's CEO has been encouraged to diversify senior executives and board members.
Lee Jae-yong, who was promoted from vice chairman to chairman of Samsung Electronics, the crown jewel of Samsung Group, on Oct. 27, faces the daunting task of navigating multiple challenges, including a chip market slump, legal risks, and the search for new growth engines to keep the nation's...
Remarkable Shares Sold at Samsung Life
Highlights :
$187 million worth shares sold to pay off Tax dues
The seller is no other than the Samsung Welfare Foundation chief Lee Seo-hyun.
Lee Seo-hyun is the youngest daughter of late Samsung tycoon Lee Kun-hee. She is believed...
Car Manufacturing Sales Drop
Highlights:
- Global chip shortages continue to affect car production.
The worst chip shortage in decades is experienced currently all around the world. These Semiconductor chips are used in everything: smartphones, smart fridges, computers, and ...
S. KOREAN STOCKS END LOW ON MONDAY OVER RISING COVID-19 CASES IN ASIA
Highlights –
- S. Korean stocks end low on Monday over rising COVID-19 cases in Asia.
- The benchmark Korea Composite Stock Price Index fell 18.80 points, or 0.6 percent.
- Samsung Electronics stocks fell 0.62 percent to 79,600 won. ...
S. KOREA’S AUTOMOBILE EXPORTS ROSE TO 53% IN APRIL
Highlights –
- S. Korea’s automobile exports rose to 53% in April.
- In April, S. Korea’s outbound shipments of automobiles reached 188,293 units.
- Hyundai Motor Co. saw its exports jump 40.3 percent in April.
- SsangY...
S. KOREAN STOCKS END HIGH ON FRIDAY; KOSPI ROSE
Highlights –
- S. Korean stocks end high on Friday; KOSPI rose.
- The benchmark Korea Composite Stock Price Index (KOSPI) rose 31.21 points.
- Samsung Electronics stocks added 2.04 percent to 80,100 won.
- Samsung Biologics stocks ...
S. KOREAN STOCKS END LOW ON THURDAY’S SESSION OVER INFLATION FEARS
Highlights –
- S. Korea stocks end low on Thursday’s session over inflation fears.
- The benchmark Korea Composite Stock Price Index (KOSPI) fell 39.55 points.
- Samsung Electronics stocks shed 1.88 percent to 78,500 won.
- S...
S. KOREAN STOCKS END LOW OVER DUMPING OF LOCAL SHARES
Highlights –
- S. Korean stocks end low over dumping of local shares.
- The benchmark Korea Composite Stock Price Index (KOSPI) dropped 47.77 points.
- Samsung Electronics stocks fell down 1.48 percent to 80,000 won.
- Naver stocks...
S. KOREAN STOCKS END LOW OVER STOCK SELL-OFFS ON TUESDAY
Highlights –
- S. Korean stocks end low over stock sell-offs on Tuesday.
- The benchmark Korea Composite Stock Price Index (KOSPI) fell 39.87 points.
- Samsung Electronics stocks shed 2.4 percent to 81,200 won.
- SK Hynix stocks tu...
S. KOREAN STOCKS END HIGH OVER EXPECTED U.S JOBS DATA
Highlights –
- S. Korean stocks end high over expected U.S jobs data.
- The benchmark KOSPI went up 52.1 points, or 1.63%.
- Samsung Electronics stocks advanced 1.59% to 83,200 won.
- SK hynix stocks moved up 0.39% to 130,000 won.<...
S. KOREAN STOCKS END MODERATELY HIGH ON TUESDAY OVER SHORT SELLING
Highlights –
- S. Korean stocks end moderately high on Tuesday over short selling.
- The benchmark Korea Composite Stock Price Index (KOSPI) rose 20.17 points, or 0.64%.
- Samsung Electronics stocks added 1.1 percent to 82,600 won. <...
S. KOREA STOCKS END LOW OVER POSSIBLE RISING COVID-19 CASES
Highlights –
- S. Korea stocks end low over possible rising COVID-19 cases.
- The benchmark Korea Composite Stock Price Index (KOSPI) fell 20.66 points.
- Samsung Electronics stocks added 0.25 percent to 81,700 won.
- SK hynix stoc...
S. KOREA SAW AN INCREASE IN 5G USERS BY 14 MILLION IN APRIL
Highlights –
- S. Korea saw an increase in 5G users by 14 million in April.
- SK Telecom Co. reported the most 5G subscribers at 6.74 million in April.
- 4G subscriptions declined to stand at 51.18 million in April.
- Some unsatisf...
S. KOREAN STOCKS END LOW OVER LIFTING OF BAN ON SHORT SELLING
Highlights –
- S. Korean stocks end low over lifting of ban on short selling.
- The benchmark Korea Composite Stock Price Index (KOSPI) fell 26.21 points, or 0.83 percent.
- Samsung Electronics stocks fell 0.24 percent to 81,500 won. ...
S. KOREAN STOCKS END LOW ON THURSDAY; KOSPI FELL
Highlights –
- S. Korean stocks end low on Thursday; KOSPI fell.
- KOSPI fell 7.4 points, or 0.23 percent, to close at 3,174.07 points.
- Samsung Electronics stocks lost 0.49 percent to 81,700 won.
- SK hynix stocks closed unchange...
SAMSUNG BIOLOGICS SAW ITS Q1 NET PROFIT TO RISE BY 66.4%
Highlights –
- Samsung Biologics saw its Q1 net profit to rise by 66.4%.
- During January-April period the company’s net profit reached US$54.8 million.
- In the same period its operating profit rose 74.3 billion won.
- On We...
S. KOREAN STOCKS END LOW; FOREIGN INVESTORS OFFLOAD LOCAL STOCKS
Highlights –
- S. Korean stocks end low; foreign investors offload local stocks.
- The stocks dipped 1% on Wednesday trading.
- Korea Composite Stock Price Index (KOSPI) fell 33.95 points, or 1.06 percent.
- Samsung Electronics sto...
S. KOREAN STOCKS END LOW ON TUESDAY; KOSPI FELL
Highlights –
- S. Korean stocks end low on Tuesday; KOSPI fell.
- Korea Composite Stock Price Index (KOSPI) slipped 2.11 points, close at 3,215.42 points.
- Samsung Electronics stocks lost 0.72 percent to 82,900 won.
- Foreign inve...