Search Results for: Samsung Electronics

Samsung Electronics reports record second-quarter operating profit, up 73%

July 27th, 2017 (0)
Samsung Electronic’s Q2 operating profit was 14.1 trillion won, topping Q1 as highest-ever The company is on track to book a record annual profit on chip boom Overall earnings in Q3 may decline slightly compared to Q2, Samsung said ...

Samsung Electronics to consider split

November 28th, 2016 (0)
South Korea’s Samsung Electronics Co Ltd (005930.KS) will consider splitting itself into two as proposed by U.S. activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. A split would allow the heirs of ...

Samsung Electronics to Acquire HARMAN

November 14th, 2016 (0)
Samsung Electronics and Harman International Industries, Incorporated today announced that they have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8.0 billion.  Upon closing, ...

Samsung Electronics Announces Earnings Guidance for Q4 2015

January 8th, 2016 (0)
Samsung Electronics announced its earnings guidance for the fourth quarter of 2015. Consolidated Sales: Approximately 53.0 trillion Korean won Consolidated Operating Profit: Approximately 6.1 trillion Korean won The above figures are estimates of consolidated earnings based on K-IFRS. Korean disclosure regulations ...

Samsung Electronics Collaborates with Thomson Reuters to Explore Joint Opportunities in B2B Business

October 19th, 2015 (0)
Samsung Electronics Co., Ltd., has announced its collaboration with Thomson Reuters, the world’s leading intelligent information provider for businesses and professionals, as an enterprise solution partner. The two companies will explore the development and optimization of enterprise solutions through ...

Samsung Electronics says mobile payments data safe after LoopPay hack

October 8th, 2015 (1)
Tech giant Samsung Electronics Co Ltd said its Samsung Pay user data is safe after a hacking attack against a U.S.-based subsidiary that developed a key technology for its newly-launched mobile payments system. Disclosure of the attack, first reported ...

Samsung Electronics seeks China turnaround, unveils mid-tier handsets

October 31st, 2014 (0)
Samsung Electronics Co Ltd unveiled two new mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world’s biggest smartphone market. ...

Smartphone woes drag Samsung Electronics third-quarter profit to more than three-year low

October 30th, 2014 (0)
Samsung Electronics Co Ltd (005930.KS) on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The ...

Samsung Electronics heads for annual profit drop

October 7th, 2014 (0)
Samsung Electronics Co Ltd (005930.KS) is heading for its first annual earnings drop since 2011 after it revealed its July-September profit would be the lowest in more than three years and said short-term prospects for smartphones were uncertain. The ...

Samsung Electronics China supplier to resume business after child labor allegations

August 5th, 2014 (0)
A Chinese subsidiary of Shinyang Engineering Co Ltd (086830.KQ) will resume supplying parts to Samsung Electronics Co Ltd on Tuesday, a Shinyang official said, less than a month after business ties were suspended over child labor allegations. In July, ...
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