Samsung

Samsung is a multinational conglomerate that manufactures a wide range of consumer electronics, including smartphones, televisions, and home appliances, and is also a major producer of semiconductors and memory chips.

Why it’s in the news: It is in the news due to significant price increases for its advanced chipmaking products driven by high demand for AI components.

Latest on Samsung

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• Samsung increased prices for advanced contract chipmaking by up to 15 percent for new orders, with Chinese customers facing the steepest price hikes, according to Reuters.
• Samsung increased prices for advanced chipmaking services by up to 15% as demand for AI chips outpaces available capacity at major foundries.
• The South Korean company capitalized on customers seeking alternatives to competitors operating at full capacity.
• geo backbone
• Wikidata: Samsung — located in — South Korea
• Wikidata: Samsung — capital ownership — Harman International Industries

Connections

325 entities linked to Samsung across the news graph.