Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business.
The figure is a deeper plunge compared to smart estimates from LSEG. Samsung also projected its revenue to hit 74 trillion won, falling short of LSEG smart estimates of 75.55 trillion won.
Currently, most of the TVs Samsung sells in the US are made in Mexico, though the company also maintains a TV production facility in California.
Samsung Electronics Co., Ltd. (OTCPK:SSNLF) Q1 2025 Earnings Conference Call April 29, 2025 9:00 PM ET Company Participants Daniel Oh - Head, IR Soon-Cheol Park - EVP & CFO Jaejune Kim - EVP, Memory Hyeok-man Kwon - VP, System LSI Mijung Noh - VP, Foundry Charles Hur - EVP, Samsung Display Corp Daniel Araujo - VP, Mobile Experience KL Roh - VP, Visual Display Conference Call Participants Dong Woo - Bank of America Merrill Lynch Jay Hyun - JPMorgan Sang Kyu Kim - Daiwa Securities Kim Dongwon - KB Securities Han Dong Hee - SK Securities Co. Lee Giuni - Goldman Sachs Group Geun Chang Roh - Hyundai Motor Securities Lee Sei Cheol - Citigroup Operator Hello, everyone, and welcome to the Samsung Electronics 2025 First Quarter Financial Results Conference Call.
Samsung Electronics Co., Ltd. (OTCPK:SSNLF) Q4 2024 Earnings Conference Call January 30, 2025 8:00 PM ET Company Participants Daniel Oh - Head of Investor Relations Sooncheol Park - Head of Corporate Management Office and Chief Financial Officer Jaejune Kim - Executive Vice President of Memory Hyeokman Kwon - Vice President of System LSI Mijung Noh - Vice President of Foundry Charles Hur - Executive Vice President of Samsung Display Corp Daniel Araujo - Vice President of Mobile eXperience KL Roh - Vice President of Visual Display Conference Call Participants Dongwon Kim - KB Securities Dong Hee Han - SK Securities Co. Sei Cheol Lee - Citigroup Inc. Nicolas Gaudois - UBS Securities Giuni Lee - Goldman Sachs Group, Inc. Sung-kyu Kim - Daiwa Securities Min-Sook Chae - Korea Investment & Securities Co. Simon Woo - Bank of America Merrill Lynch Operator Hello, everyone, and welcome to the Samsung Electronics 2024 Fourth Quarter Financial Results Conference Call.
Samsung Electronics unveiled plans Friday to buy back 10 trillion won ($7.2 billion) of its shares over the next year, sending its stock soaring in South Korean trading.
Samsung Electronics Co., Ltd. (OTCPK:SSNLF) Q3 2024 Earnings Conference Call October 30, 2024 9:00 PM ET Company Participants Daniel Oh - Head, IR Jaejune Kim - EVP, Memory Tommy Kwon - VP, System LSI Taejoong Song - VP, Foundry Charles Hur - EVP, Samsung Display Corp Jongmin Lee - EVP, CX MDE Daniel Araujo - VP, Mobile eXperience KL Roh - VP, Visual Display Conference Call Participants Dong-Won Kim - KB Securities Sung-kyu Kim - Daiwa Securities Nicolas Gaudois - UBS Securities Sei Cheol Lee - Citigroup Giuni Lee - Goldman Sachs Dong-je Woo - Bank of America Merrill Lynch Operator Hello, everyone, and welcome to the Samsung Electronics 2024 Third Quarter Financial Results Conference Call.
Samsung's $17 billion Texas chip factory faces delays as the company struggles to attract customers. While TSMC continues to dominate the industry, Samsung risks falling further behind.
Samsung has struggled to match some of its rivals in terms of producing advanced chips.
Samsung Electronics, the world's largest memory chip and smartphone manufacturer, reported quarterly profit and revenue that fell short of market expectations. The preliminary operating profit for the September quarter was approximately 9.1 trillion won ($6.8 billion), significantly below analysts' forecast of 11.5 trillion won.
Samsung Electronics' chairman, Lee Jae-Yong, confirmed that the company has no plans to split its contract-based chip manufacturing and logical chip design units. This comes despite these businesses generating significant annual losses due to weak demand, impacting Samsung's overall performance as the world's leading memory chip maker.
Samsung Electronics workers at a factory in India's Tamil Nadu state are paid almost twice as much as employees in nearby companies, the South Korean group said on Tuesday, as a strike at the plant enters its third week.