Samsung Elec. initiates $330m block sale of shares
Samsung Electronics offered about 5.25 million of its shares in a block deal valued at up to $330 million.
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Samsung Electronics
US awards TSMC $6.6b subsidy for Arizona chip production
The US Commerce Department announced a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co's (TSMC) US…
Vietnam likely to reform trade unions, risking investors
Communist Vietnam will likely ratify the UN treaty for free trade unions this year, say UN officials and diplomats.…
Samsung to lease its Russia factory
Samsung Electronics is planning on leasing its TV factory in Russia in light of a number of global companies…
iPhone overthrows Samsung as best-seller in ‘23
Apple’s iPhone overthrew Samsung smartphones and became the best-selling smartphone in 2023, Bloomberg reported on…
Samsung ’23 Q4 profits drop 35%
Samsung net profits for Quarter four (Q4) of 2023 dropped by 35 per cent as weak consumer demand persists, Reuters…
Samsung ranked among top 5 global brand for 4 years in row
Samsung Electronics was chosen by Interbrand as a “Global Top 5” brand for the fourth year in a row, it said in a…
Egypt grants Samsung a golden licence for mobile phone factory
Egypt has on Wednesday granted Samsung Electronics the golden licence, a fast-tracked, single-approval licensing…
Samsung Electronics profits drop 95% in Q2 of 2023
Samsung Electronics announced that its profits dropped by 95 percent in the second quarter (Q2) of 2023.
IBM considers using AI chip in Watsonx to lower costs
The International Business Machines (IBM) is considering using its artificial intelligence chips to lower the costs…
