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 […]
Tag: Samsung
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 […]
We just found the motherlode of deals in Walmart’s secret sale section — save $1,750 on a Samsung TV and more!
Pssst — have you heard that Walmart has a secret room of Flash Deals? In it, you’ll find amazing discounts on sale items that were already at prices beyond belief. Get everything you need for less, including TVs, headphones and air fryers. This week, we found a Samsung smart TV that’s $1,750 off and a […]
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 […]
Is your home Super Bowl-ready? Save big on Samsung Frame TVs at Walmart — up to $1,000 off
If you’re tired of a boring ol’ TV that just looks like a prop from Black Mirror when not in use, check out these killer Samsung Frame deals. Prices have dropped like cousins in front of the football game, starting at $529 for a 32-inch masterpiece. If you need a refresh of your home entertainment […]
Walmart’s secret sale room has a treasure trove of deals — score $1,700 off a Samsung TV (yes, really!) and more
Pssst — have you heard that Walmart has a secret room of Flash Deals? In it, you’ll find amazing discounts on sale items that were already at prices beyond belief. Get everything you need for less, including TVs, headphones and air fryers. This week, we found a Samsung smart TV that’s $1,700 off (yes, really) […]
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 […]
The 40+ best deals at Walmart’s secret sale this weekend — save up to 80% on Shark, Samsung, HP and more
2024’s looking so bright we have to wear shades! Well, maybe not in this weather, but the vibes are there. And that’s because Walmart has been killing it in the new year with a whole slew of “secret sale” bargains just waiting to be snapped up. Looking for self-care essentials? Home-upgrade necessities? Just a really, […]
Late Samsung chairman’s family sell $2 billion worth of shares to help pay huge South Korean inheritance tax
Samsung Electronics Chairman Lee Kun-hee with daughters Lee Boo-jin (R) and Lee Seo-hyun, followed by his wife, Hong Ra-hee, in Las Vegas, 2012.Steve Marcus / Reuters The former Samsung Electronics chairman, who was South Korea’s richest person, died in 2020. Lee Kun-hee’s family is now selling billions worth of shares to pay inheritance taxes. South […]