Stocks Asian stocks rise on Thursday Aya Anwar Nov 20, 2025 0 Asian markets rose on Thursday after Nvidia’s strong earnings lifted sentiment across tech-heavy bourses, while the…
Stocks Asian stocks rebound on Wednesday Aya Anwar Nov 5, 2025 0 Asian stocks rebounded on Wednesday after a sharp selloff triggered by a tech-led slump on Wall Street that…
Stocks Asian stocks slip on Thursday Aya Anwar Oct 30, 2025 0 Asian equities edged lower on Thursday as investors assessed news of a trade understanding between the United…
Featured Samsung’s profit drops in Q2 ’25 Nada Ali Jul 31, 2025 0 Samsung Electronics reported a quarterly operating profit of KRW 4.7 trillion ($3.4 billion) for the second quarter…
Featured Samsung Electronics wins $16.5b chip deal with Tesla Nada Ali Jul 28, 2025 0 Samsung Electronics has secured a $16.5 billion contract to supply semiconductors to Tesla, as confirmed by a…
Featured Egypt pledges incentives to Samsung as part of $950m export rebate scheme Yomna Yasser May 27, 2025 0 Egypt’s Prime Minister Moustafa Madbouly has pledged exceptional incentives to support Samsung Electronics’ local…
Stocks S. Korea’s turmoil fallout impacts Asian shares Nada Ali Dec 4, 2024 0 Asian stocks fell on Wednesday and currencies were unstable as traders tried to navigate the political turmoil in…
Industry & Trade US expands export controls to target Chinese tech firms Nada Ali Dec 3, 2024 0 The US expanded its trade restriction list by adding 140 companies, mainly Chinese semiconductor-toolmaking and…
Featured TSMC, Samsung explore $100b UAE projects Aya Anwar Sep 23, 2024 0 TSMC and Samsung Electronics are exploring potential $100 billion chip projects in the United Arab Emirates (UAE),…
Tech news Samsung to invest $1.8b in OLED plant in Vietnam Nada Ali Sep 23, 2024 0 South Korea's Samsung Display Co plans to invest $1.8 billion to build a new factory in northern Vietnam.
Tech news China eyes more investment by Samsung – Li Qiang Nada Ali May 26, 2024 0 Chinese Premier Li Qiang met with Samsung Chairman Jay Y. Lee in Seoul to discuss potential investment…
Tech news Intel eyes $11b investment for new Irish chip plant Nada Ali May 13, 2024 0 Intel is in talks with Apollo Global Management for an $11 billion investment in a new manufacturing facility in…
Tech news Samsung Elec. initiates $330m block sale of shares Nada Ali Apr 8, 2024 0 Samsung Electronics offered about 5.25 million of its shares in a block deal valued at up to $330 million.
Tech/AI US awards TSMC $6.6b subsidy for Arizona chip production Nada Ali Apr 8, 2024 0 The US Commerce Department announced a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co's (TSMC) US…
Featured Vietnam likely to reform trade unions, risking investors Aya El Sayed Feb 27, 2024 0 Communist Vietnam will likely ratify the UN treaty for free trade unions this year, say UN officials and diplomats.…
Featured Samsung to lease its Russia factory Sama Mousa Jan 24, 2024 0 Samsung Electronics is planning on leasing its TV factory in Russia in light of a number of global companies…
Featured iPhone overthrows Samsung as best-seller in ‘23 Sama Mousa Jan 17, 2024 0 Apple’s iPhone overthrew Samsung smartphones and became the best-selling smartphone in 2023, Bloomberg reported on…
Featured Samsung ’23 Q4 profits drop 35% Sama Mousa Jan 9, 2024 0 Samsung net profits for Quarter four (Q4) of 2023 dropped by 35 per cent as weak consumer demand persists, Reuters…
Tech/AI Samsung ranked among top 5 global brand for 4 years in row Sama Mousa Nov 28, 2023 0 Samsung Electronics was chosen by Interbrand as a “Global Top 5” brand for the fourth year in a row, it said in a…
Featured Egypt grants Samsung a golden licence for mobile phone factory Yomna Yasser Aug 30, 2023 0 Egypt has on Wednesday granted Samsung Electronics the golden licence, a fast-tracked, single-approval licensing…
Tech/AI Samsung Electronics profits drop 95% in Q2 of 2023 Sama Mousa Jul 27, 2023 0 Samsung Electronics announced that its profits dropped by 95 percent in the second quarter (Q2) of 2023.
Tech news IBM considers using AI chip in Watsonx to lower costs Yassmine Elbehnaihy Jul 13, 2023 0 The International Business Machines (IBM) is considering using its artificial intelligence chips to lower the costs…
Tech news Samsung to set up mobile phone factory in Egypt Nada Ali Jun 4, 2023 0 Samsung Electronics, the world's biggest mobile phone maker, has agreed to set up a new mobile phone factory in…
Tech news Samsung, Tesla heads meet for cooperation in high-tech Sama Mousa May 14, 2023 0 Samsung Electronics Executive Chairman Jay Y. Lee met with Tesla CEO Elon Musk to discuss ways of cooperation in…
Industry & Trade Samsung Electronics sales reach $1.3bln in Egypt – statement Nada Ali May 8, 2023 0 Samsung Electronics’ sales in Egypt have reached $1.3 billion, according to a statement by the General Authority…
Tech news Samsung profits plunge by 95% Sama Mousa Apr 27, 2023 0 Samsung Electronics Co Ltd profits’ plunged by 95 percent in the first quarter, to reach its lowest level since…
Tech/AI Samsung decides to cut chip production as profits decline 96% Nada Ali Apr 10, 2023 0 Samsung Electronics Co. announced on Friday that it has suffered a decline in demand as the quarterly operating…
Tech news Samsung to invest $3.1bln in OLED production in KOR Sama Mousa Apr 4, 2023 0 Samsung Electronics unit, Samsung Display, is planning to invest $3.14 billion in South Korea to make organic…
International News Samsung to invest $230 bln in SK chipmaking base Yassmine Elbehnaihy Mar 15, 2023 0 Samsung Electronics is expected to invest $230 billion for the next 20 years to develop the world’s largest…
Featured TVs were high in demand during 2020 on COVID-19 lock down: Samsung Amwal Al Ghad English Jan 7, 2021 0 Samsung has revealed that the demand for TVs rose significantly, during 2020, due to the novel coronavirus…
Tech/AI Samsung Electronics chairman Lee Kun-hee dies at 78 Amwal Al Ghad English Oct 25, 2020 0 Samsung Electronics has announced the death of its chairman, Lee Kun-hee at 78. He played a huge part in pushing…
Tech/AI Samsung’s shares rally on Intel’s chip outsourcing scheme Amwal Al Ghad English Jul 28, 2020 0 Shares of Samsung Electronics rallied on Tuesday, joining its bigger rival TSMC, driven by growing expectations…
Tech/AI Samsung expects coronavirus will hit demand for key products Amwal Al Ghad English Apr 29, 2020 0 Samsung Electronics Co Ltd said on Tuesday it expects smartphone demand to “drop sharply in most regions” due to…
Tech/AI Samsung beats Q1 estimates, braces for bigger blow from COVID-19 Amwal Al Ghad English Apr 7, 2020 0 Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from…
Tech news Samsung says Japanese curbs on export cloud outlook as profit halves Amwal Al Ghad English Jul 31, 2019 0 Samsung Electronics on Wednesday warned that Japanese curbs on the export of chip-making materials was blurring its…
Tech/AI Samsung Electronics to launch delayed Galaxy Fold in September Amwal Al Ghad English Jul 25, 2019 0 Samsung Electronics Co Ltd announced on Thursday its first foldable smartphone, the Galaxy Fold, will go on sale…
Featured Samsung launches Galaxy S10 in Egypt, celebrating 10 Years of Galaxy series Amwal Al Ghad English Mar 14, 2019 0 Samsung Electronics celebrated a decade of Galaxy S series innovations by presenting the latest premium…
Tech/AI Samsung reveals Galaxy Fold, creating a new mobile category. Amwal Al Ghad English Feb 24, 2019 0 Samsung Electronics Co., Ltd. unveiled the highly anticipated Galaxy Fold, a new foldable device creating a new…
Featured Samsung says invested $270 mln in Egypt TV production plant Nayera Eid Oct 28, 2018 0 South Korea’s Samsung Electronics Co Ltd said on Wednesday that it had spent around $270 million at its Egyptian…
Tech news Samsung Electronics flags mobile weakness as chips power record first-quarter profit aya salah Apr 26, 2018 0 Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it…