Samsung Electronics forecasts 25% jump in operating profit

Samsung Electronics forecasts 25% jump in operating profit

By Christy Gren - Oct 08, 2021

Samsung Electronics has estimated profit to soar by more than 25 percent – the highest level in three years in the third quarter.

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Samsung Life to buy 25% stake in Savills IM, commits $1 billion for growth

Samsung Life to buy 25% stake in Savills IM, commits $1 billion for growth

By Anna Domanska - May 28, 2021

Samsung Life, the largest life insurance company in South Korea, has entered into an investment alliance with Savills Investment Management that will commit US$1bn (€819m) to the

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Samsung to cut production due to chips supply crunch

Samsung to cut production due to chips supply crunch

By Anna Domanska - Apr 30, 2021

The chip shortage has spread across industries, slowing down the manufacturing of automobiles, smart devices, to electronic including white goods such as washing machines and telev

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Samsung heirs chalk out plans to meet inheritance tax running into billions

Samsung heirs chalk out plans to meet inheritance tax running into billions

By Anna Domanska - Apr 29, 2021

The heirs of late Samsung patriarch Lee Kun-hee, facing a huge inheritance tax bill, have chalked out a plan to make philanthropic donations worth billions of dollars and pay $11bn

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Samsung family mulls selling family art collections and stocks as collateral to pay inheritance tax

Samsung family mulls selling family art collections and stocks as collateral to pay inheritance tax

By Anna Domanska - Apr 24, 2021

The family of Lee Kun-hee, Korean industrialist and Samsung Group chairman who died in 2020, is scrambling to meet the huge inheritance tax bill of around $12 billion that they hav

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Samsung and IBM tie-up to offer edge computing on 5G

Samsung and IBM tie-up to offer edge computing on 5G

By Anna Domanska - Dec 16, 2020

Subscribe to the nation’s fastest-growing CEO magazine to read about the latest tech news and updates.

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Samsung Electronics profits see 60% boost on Huawei orders

Samsung Electronics profits see 60% boost on Huawei orders

By Christy Gren - Oct 09, 2020

Samsung Electronics is seeing a two-year high in profits riding high on Huawei troubles and a rise in demand for its chips.

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Samsung, Apple partners present $143 billion plan for smartphone manufacturing in India

Samsung, Apple partners present $143 billion plan for smartphone manufacturing in India

By Anna Domanska - Oct 08, 2020

The Indian government floated a $6.6 billion incentive program to attract smartphone manufacturing in order to create more jobs.

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Samsung wins $6.4 billion Verizon deal for supply of 5G networks

Samsung wins $6.4 billion Verizon deal for supply of 5G networks

By Anna Domanska - Sep 07, 2020

The next-generation 5G wireless network is expected to revolutionize speeds in the internet world and enable high-speed video transmissions, authentication, and self-driving cars,

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