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At Close: Jun 23, 2026
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says
09:54pm, Sunday, 14'th Apr 2024
Apple's smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed o
Can Samsung attract Nvidia and other major microchip clients?
10:48am, Friday, 12'th Apr 2024
Samsung is set to receive $6.6 billion in US subsidies through the CHIPS Act to build out its semiconductor fabrication plants in “People familiar with the matter” told Bloomberg that South Kore
Samsung to win $6.6bn in US government chip building spending drive - reports
06:58am, Tuesday, 09'th Apr 2024
Samsung is reportedly on course to become the latest technology firm offered billions by the US government to advance domestic chip manufacturing. According to CNBC-cited sources, Commerce Department
Samsung Elec shares priced at 84,100 won each in $326 mln block sale, sources say
08:50pm, Monday, 08'th Apr 2024
About 5.25 million shares in Samsung Electronics were priced at 84,100 won per share in a block sale worth about $326 million, according to two sources with knowledge of the matter on Tuesday.
Samsung to get $6-7 billion in chip subsidy next week for Texas expansion, sources say
01:43pm, Monday, 08'th Apr 2024
The Biden administration plans to announce it is awarding between $6 billion and $7 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipma
Samsung Elec shares being offered in $330 mln block sale, term sheet shows
04:42am, Monday, 08'th Apr 2024
About 5.25 million shares in Samsung Electronics are being offered in a block deal worth up to $330 million, according to a term sheet seen by Reuters on Monday.
Unforgettable Gains: 3 Memory Stocks to Own as the Market Heats Up
09:00am, Saturday, 06'th Apr 2024
The surge in demand for memory stocks underscores the sector's growth. The burgeoning need for high-bandwidth memory (HBM), essential for Nvidia's (NASDAQ: NVDA ) AI processors, is driving the interes
Samsung plans $44B in Texas spending for vital computer chip as profits soar: report
01:00pm, Friday, 05'th Apr 2024
The upgrades are earmarked for the company's base in the city of Taylor, Texas.
Samsung to double semiconductor investment in Texas to $44 billion, says report
08:08am, Friday, 05'th Apr 2024
Samsung Electronics is poised to significantly increase its semiconductor investment in Texas, with plans to more than double its spending to approximately $44 billion, as reported by the Wall Street
Nvidia Stock Gains. What Samsung's Profit Boost Means for the AI Chip Maker.
06:00am, Friday, 05'th Apr 2024
A robust profit forecast from Samsung Electronics points to strong demand for artificial-intelligence chips.
Samsung predicts 10-fold increase in profits as AI boom sees chip prices recover
05:14am, Friday, 05'th Apr 2024
Samsung Electronics said it expects to post a 10-fold increase in its first quarter profits, compared to a year ago, in what would be a significant turnaround for the Korean firm following a major reb
Samsung's ten-fold profit surge suggests semiconductor rebound underway
04:57am, Friday, 05'th Apr 2024
Samsung Electronics (KRX:005930) provided head-turning revenue and profit estimates in a bare-bones first-quarter trading update today. The Korean technology giant predicted quarterly revenues of 71 t
Samsung has lost its edge, analyst says
12:39am, Friday, 05'th Apr 2024
Mehdi Hosseini, senior tech hardware analyst of Susquehanna International Group, says Samsung, which "used to be the market leader in innovating for memory, for smartphones, for display," is now only
Samsung expects first-quarter profit to soar 931% as memory chip prices rebound
08:10pm, Thursday, 04'th Apr 2024
Samsung's operating profit in the January-March quarter likely rose to 6.6 trillion Korean won ($4.89 billion).
Samsung flags 10-fold rise in first-quarter profit as chip prices recover
07:40pm, Thursday, 04'th Apr 2024
Samsung Electronics estimated on Friday a more than 10-fold rise in its first-quarter operating profit, as rebounding semiconductor prices lifted earnings from a low base a year ago when there was a s
