Samsung's largest union approves a pay deal that would give chip workers an average bonus of ~$340K, with ~74% of members voting in favor, staving off a strike
Samsung Electronics Co. union members voted in favor of a compensation deal that will hand chip workers an average bonus of about $340,000 …
Analysis: Samsung is set to distribute ~$26.6B to its 78,000 chip employees, or a ~$340K bonus to each, in early 2027 as part of a last-minute labor union deal
Samsung Electronics Co. could distribute about 40 trillion won ($26.6 billion) to chip employees as a bonus for this year …
Samsung's Lee family dynasty reached a combined ~$45.5B net worth in March, up from ~$20.1B in 2025, amid the AI boom; they are now Asia's third-richest family
When Lee Kun-hee, the patriarch behind Samsung Electronics Co. died in 2020, his dynasty soon dealt with a crisis on two fronts …
Samsung plans to invest $4B to build a chip packaging plant in Vietnam's Thai Nguyen province to meet rising AI demand; sources say the first phase costs $2B
Samsung Electronics Co. plans a $4 billion outlay to build a chip packaging plant in northern Vietnam, as the country's largest …
Samsung says the Galaxy Z TriFold costs $2,899, or $899 more than the Galaxy Z Fold 7, launching in the US on January 30 exclusively via its website and stores
Samsung Electronics Co. announced that its Galaxy Z TriFold, the first foldable phone of its kind to ship in the US, will sell for $2,899 and become available Jan. 30.
Samsung reports Q1 revenue up 12.81% YoY to ~$52.3B, vs. ~$51.6B est., operating profit up 932.8% YoY to ~$4.8B, vs. ~$4.3B est., as memory chip prices rebound
Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024.
Samsung plans to cut memory chip production to a “meaningful level” after estimating that its Q1 operating profit fell 95%+ YoY to ~$450M, its worst since 2009
Samsung Electronics Co. said it is cutting memory chip production after reporting its slimmest profit since …
Sources: Samsung is talking to clients about hiking chipmaking prices by up to 20% in 2022, joining TSMC and UMC, who are planning another round of price hikes
Samsung Electronics Co. is talking with foundry clients about charging as much as 20% more for making semiconductors this year …
Samsung reports Q4 operating profit of ~$11.6B, up 53% YoY, on revenue of ~$63.8B, up 24% YoY, but misses with ~$8.9B net income, below the ~$9.2B expected
Samsung Electronics Co. is stepping up spending on advanced chipmaking technology as it sees growing demand for its smartphones, displays and memory products.
Samsung reports weak Q4 earnings from low memory chip sales as net profit slumps to $4.4B, down 39% YoY, on revenue of $50.52B, up 1.1% YoY
Company reports weak fourth-quarter earnings from low memory-chip sales — SEOUL—Samsung Electronics Co. reported a 39% drop in fourth-quarter net profit …