Samsung Electronics may launch its flagship Galaxy S smartphones more than a month earlier than expected in a bid to grab market share from Huawei and fend off competition from Apple.
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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.
The story of TSMC’s industry dominance steamed ahead unabated on Thursday, with record earnings on the back of booming demand for chips used in smartphones and servers.
Samsung Electronics reported earnings that beat analyst estimates after the Korean technology giant’s mobile and chip businesses benefited from US restrictions on Huawei Technologies.
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
Samsung Electronics has won a $6.6-billion order to provide 5G wireless solutions to Verizon Communications in the US, a big win for the electronics giant’s networking gear business.
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.