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Dangote Sugar exceeds N1tn market cap level 

Minister tasks Dangote Sugar on 600000 tonnes capacity

  • 12th April 2026

Trump unveils strict ‘all-or-nothing’ Hormuz blockade after Iran

  • 12th April 2026

US, Iran fail to reach agreement after 21

  • 12th April 2026
Meta offered $100m bonuses to lure OpenAI staff, Altman alleges

Sam Altman addresses alleged residence attack, media scrutiny

  • 12th April 2026

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Dangote Sugar exceeds N1tn market cap level 

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Samsung sees US trade deal as boost amid Tesla chip order
Tech

Samsung to shut down its messaging app by July

Samsung is officially shutting down its messaging app. The company posted an “End of Service Announcement” on its website, confirming that the Samsung Messages app will be discontinued by July. Users are advised to switch to Google Messages as their default messaging app. For Samsung Messages users in the U.S., switching to Google Messages brings […]

Samsung reports profit amid AI-driven chip demand
Tech

Samsung moves closer to Nvidia clearance for HBM4 AI chips

Samsung Electronics has reached the final qualification phase for its HBM4 AI memory chips with Nvidia, marking a key move in its bid to compete with industry leaders SK Hynix and Micron Technology. The company said it plans to start mass production of HBM4 chips in February, though the timing for actual shipments has not […]

Samsung reports profit amid AI-driven chip demand
Tech

Samsung launches world’s first 130-inch micro RGB TV

Samsung Electronics has unveiled the world’s first 130-inch Micro RGB TV at CES 2026, introducing its largest Micro RGB display yet as it seeks to reinforce its leadership in the global TV market amid intensifying competition. “Micro RGB represents the peak of our picture quality innovation, and the new 130-inch model takes that vision even […]

Samsung to unveil Galaxy Z Flip 5 July 25
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Samsung launches first multi-folding smartphone

Samsung Electronics on Monday unveiled its first multi-folding smartphone, stepping up its efforts to match rapid innovations from competitors. The highly anticipated Galaxy Z TriFold will launch in South Korea on Dec. 12, with subsequent releases planned for China, Taiwan, Singapore, and the United Arab Emirates, the company said in a press release. Samsung added […]

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India orders Apple, Samsung to preload state-owned cyber safety app

India’s telecom ministry has quietly directed smartphone manufacturers to pre-install a non-removable, state-run cybersecurity app on all new devices, according to a government order — a step that could spark pushback from Apple and digital-privacy advocates. The country, home to over 1.2 billion mobile subscribers, says the app launched in January has already helped track […]

Samsung blames US AI chip sanctions for profit slump, shares dip
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Samsung Electronics unveils world’s largest LCD screen

Samsung Electronics has expanded its professional display portfolio with the launch of the 115-inch QHFX 4K Smart Signage display, which the company describes as the world’s largest LCD screen. The new model is designed to bridge the gap between traditional videowalls and LED displays, offering enhanced visual performance and operational efficiency for enterprise, educational, and […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Tech

Samsung to deploy 50,000 Nvidia GPUs for AI-powered chip manufacturing

Korean semiconductor powerhouse Samsung announced on Thursday plans to purchase and deploy 50,000 Nvidia graphics processing units to enhance its chip manufacturing capabilities for mobile devices and robotics. The GPUs will power what Samsung is calling an “AI Megafactory,” though the company has not revealed a timeline for the facility’s construction. The move marks another […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Business

US revokes Samsung, SK Hynix chip production licenses for China

The United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorizations that allowed the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register. The U.S. Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the […]

Samsung sees US trade deal as boost amid Tesla chip order
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Samsung sees US trade deal as boost amid Tesla chip order

Samsung Electronics says a new trade deal between South Korea and the U.S. will ease business uncertainty and open the door for more chip orders, following a $16.5 billion agreement to supply semiconductors to Tesla. The United States will impose a 15% tariff on South Korean imports—down from a proposed 25%—in a deal announced by […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Tech

Samsung inks $16.5b semiconductor deal with Tesla

Samsung Electronics has signed a $16.5 billion contract to supply semiconductors to Tesla, according to a regulatory filing by the South Korean tech giant and a confirmation by Tesla CEO Elon Musk on X. While Samsung’s filing did not initially name Tesla, it stated that the contract took effect on July 26, 2025, with deliveries […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Tech

Samsung to unveil triple-folding smartphones to rival Huawei

Samsung Electronics Co. has announced plans to launch its first triple-folding smartphone by the end of 2025, a strategic move aimed at strengthening its position in the high-end device market amid intensifying competition from Chinese brands like Huawei. The President and Head of Samsung’s Mobile Experience Business, TM Roh, disclosed the development during a press […]

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