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Samsung Electronics missed chip profit estimates, falling short of expectations due to slow demand in the company's memory business.
The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 5.69 trillion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
NVIDIA CEO Jensen Huang says he can't trust Samsung's HBM memory, 'we cannot trust and do business with them because senior executives change frequently'.
The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to spending on research, the company said Friday, as analysts said
Samsung's Galaxy S25 series introduces a major advancement in natural language understanding, making it easier for users to interact with their devices. In India, Google’s Gemini Live will be available in Hindi from the start,
Samsung Electronics has settled a lawsuit brought by Harvard University that accused it of infringing two patents covering technology for producing computer chips, according to the university and court documents.
A major appliance maker is considering moving some of its operations from a Mexico facility to the U.S. after President Donald Trump considers 25% duties on imports.
The company also warned investors that it’s likely to see only limited earnings growth in the first quarter, as a result of weakness in the key memory chip market, which it dominates. However, it reassured analysts that it’s making progress in its efforts to meet Nvidia Corp.
The Samsung Galaxy S25 sticks to what we liked about last year’s phones while introducing some new AI perks that may prove to be more than just a gimmick.
Samsung Electronics reported a 129.85% year-on-year surge in Q4 2024 operating profits but faced a decline from the previous quarter due to chip demand struggles. Operating profit reached 6.5 trillion won,