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 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 to Launch Debit Card This Summer

Samsung to Launch Debit Card This Summer

By Anna Domanska - May 09, 2020

Samsung, the South Korean tech giant, is launching an “innovative debit card” in partnership with San Francisco-based fintech company SoFi this summer. The company says

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Samsung Vows to Replace Plastic Packaging with Sustainable Materials

Samsung Vows to Replace Plastic Packaging with Sustainable Materials

By Anna Domanska - Jan 30, 2019

Samsung Electronics has announced it will begin this year to replace its plastic packaging materials with environmentally sustainable materials. The company disclosed on Monday tha

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Samsung Estimates Dipping Profit Growth In Second Quarter of 2018

Samsung Estimates Dipping Profit Growth In Second Quarter of 2018

By Carrie Ann - Jul 06, 2018

Samsung Electronics released Earning Guidance for estimating second quarter revenues of 2018 on Friday. According to the note, the company expects a gain of 5 percent in the second

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Samsung to switch 45% of its global facilities to 100% renewable energy by 2020

Samsung to switch 45% of its global facilities to 100% renewable energy by 2020

By Anna Domanska - Jun 15, 2018

Korean-based electronics giant, Samsung has this week announced a commitment to transition the company’s electricity needs across its facilities in the US, Europe, and China to 1

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Samsung report shows record profits despite 'slow demand' for OLED displays

Samsung report shows record profits despite 'slow demand' for OLED displays

By Anna Domanska - Apr 26, 2018

Another record-breaking profit has been projected by Samsung Electronics for this year’s first quarter after making huge performance in the electronic market last year. Thanks to

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