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

Samsung surpasses $1tn valuation as AI boom drives rally

Shares of Samsung Electronics jumped over 15 per cent on Wednesday, lifting the chipmaker’s market value above $1 trillion as investors continued to rush into artificial intelligence-related stocks. Samsung becomes the second Asian firm to surpass the $1 trillion valuation milestone, following TSMC. According to FactSet data, the company first reached that level on February […]

Samsung blames US AI chip sanctions for profit slump, shares dip
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Samsung signs first EV battery deal with Mercedes-Benz

South Korea’s Samsung SDI said on Monday that it has signed a multi-year agreement with Mercedes-Benz to supply batteries for electric vehicles. The agreement marks Samsung SDI’s first electric vehicle battery supply deal with the German automaker, expanding its footprint in the global EV market. In a statement, Samsung SDI said the batteries will feature […]

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
Tech

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 […]

Tech

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 […]

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