Tag: Samsung

Samsung chief Lee Jae-yong is acquitted of financial crimes related to 2015 merger

SEOUL, South Korea (AP) — A South Korean court on Monday acquitted Samsung Electronics Chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his grip over South Korea’s biggest company. The ruling by the Seoul Central District Court could ease the legal troubles surrounding the Samsung heir […]

Samsung chief acquitted of financial crimes related to 2015 merger

A South Korean court on Monday acquitted Samsung Electronics chairman Lee Jae-yong of financial crimes involving a contentious merger between Samsung affiliates in 2015 that tightened his grip over South Korea’s biggest company. The ruling by the Seoul Central District Court could ease the legal troubles surrounding the Samsung heir less than two years after […]

Samsung reports decline in profit but anticipates improvement driven by chips

Samsung Electronics has reported an annual 34 per cent decline in operating profit for the last quarter as sluggish demands for its TVs and other consumer electronics products offset hard-won gains from a slowly recovering computer chip market. The South Korean technology giant said it expects its business to improve throughout 2024, forecasting larger demands […]

Samsung reports decline in profit but anticipates improvement driven by chips

Samsung Electronics has reported an annual 34% decline in operating profit for the last quarter as sluggish demands for its TVs and other consumer electronics products offset hard-won gains from a slowly recovering computer chip market. The South Korean technology giant said it expects its business to improve throughout 2024, forecasting larger demands for semiconductors […]

Tim Cook photo manipulated to place him at Samsung event

Social media posts purport to show a photo of Apple chief executive Tim Cook attending a smartphone launch event by rival Samsung in January 2024. But the image is altered from a picture taken at the Coachella music festival in 2022. “Tim Cook spotted at the Galaxy AI event, San Jose, California,” says a January […]

Four North Dakota schools named state finalists in Samsung STEM competition

Jan. 19—GRAND FORKS — Four North Dakota schools are among the state finalists for the 14th annual Samsung Solve for Tomorrow STEM competition. The nationwide competition’s goal is to encourage students grades 6-12 to use their STEM knowledge to “create innovative solutions addressing critical issues in their local communities,” a press release said. “The competition […]

Samsung announces plans to launch smart ring for health tracking

Samsung’s next wearable device is set to be a health-tracking ring for people who want to record their workouts, steps and sleep, but don’t want to wear a smartwatch. The Galaxy Ring is set to come onto the market in the second half of the year, the head of Samsung’s health business, Hon Pak, announced […]