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Samsung chip plant in China expects output value to top 100 bln yuan in 2022
Samsung's chip plant in Xi'an, capital of northwest China's Shaanxi Province, expects its 2022 output value to top 100 billion yuan (14.3 billion U.S. dollars) despite obstacles brought about by the COVID-19 epidemic.
December08,2022
Samsung shifts focus to high-end manufacturing
Samsung Electronics Co Ltd is shifting its focus in China to high-end manufacturing and cutting-edge technology sectors like semiconductors and electric vehicle batteries, while deciding to shut down its television factory in Tianjin.
September11,2020
Huawei overtakes Samsung in global smartphone shipments in Q2: report
Huawei overtook Samsung in global smartphone shipments in the second quarter of 2020, marking the first time in nine years that a company other than Samsung or Apple has led the market, according to the latest report from global technology market analyst firm Canalys.
August03,2020
Samsung Electronics posts growth in Q1 operating profit
Samsung Electronics, South Korea's tech behemoth, posted a growth in the first-quarter operating profit, the company said Wednesday.
April29,2020
Samsung chip plant in China achieves full capacity amid epidemic
The first phase of Samsung's chip plant in Xi'an, capital of northwest China's Shaanxi Province, achieved its full capacity of 130,000 memory chips per month in both January and February, according to Samsung China Semiconductor Co., Ltd.
March10,2020
Huawei, Samsung resolve patent disputes
Chinese tech giant Huawei and its rival Samsung in the Republic of Korea have settled their long-standing patent infringement disputes with a framework agreement, a local Chinese court said Tuesday.
May15,2019
Samsung to invest 2.4 bln USD on capacitor, battery plants in China
Global electronics giant Samsung will invest 2.4 billion U.S. dollars to build new battery and capacitor plants in northern China's Tianjin, according to local authorities.
December11,2018
Samsung starts building new chip production line in Xi'an
Samsung Electronics Co Ltd began building a new memory chip production line in Xi'an, capital of Northwest China's Shaanxi province on Wednesday, as the tech giant ramps up efforts to boost NAND flash chip technology to meet future demand.
March29,2018
Samsung to create 300-mln-USD fund for autonomous driving, connected car
Samsung Electronics, South Korea's tech behemoth, said Thursday that it will create a fund of 300 million U.S. dollars to invest in technologies of autonomous driving and connected car.
September15,2017
Samsung to invest 7 bln dollars in China chip plant
Samsung Electronics Co. signed agreement Wednesday with the government of northwest China's Shaanxi Province to expand its chip production capacity there.
August31,2017
Samsung's Q2 profit hits record high on chip sales, smartphone recovery
Samsung Electronics, the world's largest maker of semiconductors, smartphones and TVs, posted its record quarterly high of operating profit in the second quarter thanks to brisk chip sales and recovering smartphone sales.
July07,2017
Samsung to compensate Chinese consumer for Note 7 fire
A court in Shanghai ruled on Wednesday that Samsung should compensate a Chinese consumer whose Note 7 smartphone caught fire ten days after purchase.
February23,2017
S. Korean court issues arrest warrant for Samsung heir on bribery charges
A South Korean court on Friday issued an arrest warrant for the heir apparent of Samsung Group, the country's largest family-controlled conglomerate, on bribery charges linked to the corruption scandal that led to the impeachment of President Park Geun-hy
February17,2017
Samsung plant in Tianjin denies fire caused by lithium batteries
Samsung China said the minor fire at a waste warehouse in Tianjin was not caused by lithium batteries as speculated.
February10,2017
Samsung says faulty battery causes Galaxy Note 7 to catch fire
Samsung Electronics said Monday that faulty battery caused its flagship Galaxy Note 7 to catch fire after discontinuing the fire-prone device more than three months ago.
January26,2017
Samsung posts third-biggest quarterly profit in Q4 on chip sales
Samsung Electronics posted the third-biggest operating profit in the company's history thanks to brisk sales in semiconductors, a regulatory filing showed on Tuesday.
January24,2017
Uncertainty remains over Samsung's wish to restore consumer trust after Note 7 debacle
Samsung Electronics announced its independent investigation result on Monday over its fiery Galaxy Note 7 smartphones, but uncertainties remain about its wish to restore consumer trust following one of the largest debacles in tech history.
January24,2017
Samsung profit in Q4 rises hefty 50 percent
Samsung Electronics underscored the resilience of business when it reported its best operating profit in three years, weathering the death of its fire-prone Galaxy Note 7 with the help of its workmanlike chip and display divisions and cheaper smartphones.
January09,2017
Samsung sets output target for Galaxy S8
Samsung Electronics Co has set an initial production target of 10 million Galaxy S8 smartphones, South Korea's Electronic Times reported on Thursday, citing sources.
January06,2017
Samsung Electronics to reveal results of Galaxy Note 7 probe
Samsung Electronics Co will announce this month the results of an investigation into what caused some of its Galaxy Note 7 smartphones to catch fire, the JoongAng Ilbo newspaper reported on Monday, citing unidentified sources.
January03,2017
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