Samsung Electronics

Samsung Electronics is a South Korean multinational conglomerate that manufactures and sells a wide range of electronic devices, including smartphones, home appliances, and semiconductors, and is also a major player in the global foundry and memory chip markets.

Why it’s in the news: It is in the news for its record-breaking profits, major AI chip partnerships, and the launch of new advanced technologies in memory and robotics.

Latest on Samsung Electronics

• Samsung Electronics launches next-generation AI memory technology
• Samsung Electronics profit hits all-time high on device and memory sales
• Samsung Electronics wins $200 billion Broadcom AI chip partnership, boosting foundry push
• South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big tech
• Samsung Electronics launches robotics division to drive humanoid robot push
• Samsung Electronics creates robotics division; ex-Hyundai executive to head strategy
• The next five years of collaboration will combine Broadcom's expertise in designing application-specific integrated circuits (ASICs), or chips for specific tasks, with Samsung's manufacturing capabilities.
• South Korean President Lee Jae Myung had called for measures to narrow regional economic divides, prompting the investment commitments from both chipmakers
• Samsung and rival SK Hynix pledging hundreds of billions of dollars in domestic production capacity expansion
• Samsung Electronics will advance the start of its chip factory in Yongin, South Korea to 2029
• Samsung's operating profit collapsed 96% in Q4 2023
• it's about a bet on whether the AI infrastructure build-out is real demand or financial engineering dressed as innovation

Connections

68 entities linked to Samsung Electronics across the news graph.