Samsung Electronics

Samsung chief Jay Y. Lee acquitted in 2015 merger case  

Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in 2015, a Sou

Rebellions lands $124M to develop its new AI Rebel chip with Samsung

Rebellions, a South Korean fabless AI chip startup, said today it has closed $124 million (165 billion KRW) in a Series B round of funding to develop its third AI chip, called Rebel. The startup will

Samsung unveils ChatGPT alternative Samsung Gauss that can generate text, code and images

Just a few days after OpenAI’s developer event, Samsung unveiled its own generative AI model, Samsung Gauss, at the Samsung AI Forum 2023. Samsung Gauss, developed by the tech giant’s research

Samsung extends cut in memory chip production, will focus on high-end AI chips instead

Samsung Electronics continues to cut back its memory chip production, including NAND flash used in smartphones and PCs, after reporting a $3.4 billion (4.36 trillion won) operating loss in the second

Former Samsung exec accused of stealing data to build copycat chip plant in China

A former executive of Samsung Electronics stole the juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors alleged on Monday. The 65-yea

Samsung bans use of generative AI tools like ChatGPT after April internal data leak

A month after internal, sensitive data from Samsung was accidentally leaked to ChatGPT, Samsung is cracking down on usage of the generative AI service. The electronics giant is temporarily restricting

Samsung cuts memory chip production as it hits worst quarterly profit since 2009 

Samsung Electronics plans to cut back memory chip production as its operating profit in the first quarter of 2023 is expected to plummet about 96% from the previous year. This will be the lowest profi

Samsung commits $230B for five new chip plants in South Korea

Samsung Electronics said today that it plans to invest approximately $230 billion (300 trillion won) to build five new memory and foundry fabs in South Korea — a big move in line with the govern

Samsung’s quarterly profit hits 8-year low amid weak demand for memory chips, smartphones

Samsung Electronics’ operating profit plummeted 69% to $3.4 billion in the quarter that ended in December to an eight-year low, according to its preliminary estimates, as the global demand for m

Samsung aims to make global operations and products carbon neutral by 2050

Samsung announced Thursday it will invest more than $5 billion (7 trillion KRW) in its carbon-neutral projects and environmental technologies through 2030, aiming to make its global operations and pro

Samsung says customer data stolen in July data breach

Electronics giant Samsung has confirmed a data breach affecting customers’ personal information. In a brief notice, Samsung said it discovered the security incident in late-July and that an &#82

Spotify and Samsung expand their partnership in 2022, with more pre-installs, integrations and free trials

Spotify is again expanding its 2018 partnership with Samsung in 2022, the company announced. This year, Samsung and Spotify are working together on a number of cross-platform integrations involving Sa

Samsung heir receives presidential pardon in a bid to ‘overcome economic crisis’

Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon on Monday, South Korea’s Ministry of Justice said, paving the way for the heir to the country’s biggest comp

Xiaomi’s new foldable is thinner than Samsung’s and only available in China

A day after Samsung announced a pair of foldable devices, Xiaomi launched its second-gen foldable, Mix Fold 2, in China. The new phone sports a 6.56-inch outer display, 8.02-inch inner display and a L

Samsung brings Amazon Luna games to its smart TVs and monitors

Samsung announced Wednesday that it’s bringing more than 250 games to the Samsung Gaming Hub through the Amazon Luna streaming-based gaming service. The company is making these titles available

Samsung’s cloud gaming hub brings Xbox, Twitch and more to newest smart TVs

Samsung announced yesterday that it is bridging its hardware and software for a better gaming experience, bringing the Samsung Gaming Hub to its 2022 lineup of smart TVs and monitors. Game streaming c

Samsung Electronics starts 3-nanometer chip production ahead of TSMC

Samsung Electronics said Thursday it has kicked off mass production of 3-nanometer chips, becoming the first company to do so globally, as it aims to beat Taiwan Semiconductor Manufacturing Co, or TSM

Meet the Extreme Tech Challenge 2022 Global Finals category finalists and special award winners

Extreme Tech Challenge (XTC), the world’s largest startup competition focused on purpose-driven innovation, and sponsor of TechCrunch Sessions: Climate, has chosen 10 category finalists and three Sp

Samsung’s upcoming Q1 earnings top estimates on solid chip demand 

Samsung Electronics released Thursday its preliminary earnings for the first quarter of 2022.  The company said it forecasts to report consolidated revenue of $63.1 billion (77 trillion KRW) and an

Samsung confirms data breach after hackers leak internal source code

Samsung has confirmed a security breach after hackers obtained and leaked almost 200 gigabytes of confidential data, including source code for various technologies and algorithms for biometric unlock
Load More