Lee Kun-hee, who transformed Samsung Electronics from a copycat South Korean appliance maker into the world’s biggest producer of smartphones, televisions and memory chips, has died. He was 78.
Intel has agreed to sell its NAND memory chip business to SK Hynix for US$9-billion in an all-cash deal that would propel the South Korean chip maker to second in the global rankings.
Nvidia’s record deal to buy ARM will encounter major hurdles from regulators in countries sparring over trade and customers concerned the transaction will limit competition and unfairly favour ARM’s future owner.
Nvidia’s $40-billion agreement to acquire ARM is likely to meet strong opposition from Nvidia’s chip industry rivals, analysts say, with murmurs of protest already emerging in South Korea and China.
With its $6.6-billion contract win with Verizon Communications, Samsung Electronics has reinforced its position as a challenger to the dominance of Nokia and its Nordic rival, Ericsson
South Korean prosecutors have indicted Samsung Group leader Jay Y Lee on charges including manipulating stock prices and breach of trust in order to cement control of the group.
Samsung Electronics’ latest foldable smartphone is also its largest, offering users a tablet-size screen 12% bigger than its first Galaxy Fold. But be prepared to pay big money to own one.