Samsung Electronics Co., Ltd. (SSNLF)
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Samsung to invest $1.8 billion in new OLED manufacturing plant in Vietnam
Samsung Display Co., a leading South Korean electronics manufacturer, plans to invest $1.8 billion in a new OLED display factory in northern Vietnam this year.
Samsung Electronics to slash up to 30% of overseas workforce in select divisions: Report
Samsung Electronics, the world's leading maker of smartphones, TVs, and memory chips, is set to reduce its overseas workforce by up to 30% across some divisions, according to multiple sources cited by Reuters in a report. The South Korean technology giant's decision comes as it navigates a challenging business environment and seeks to improve efficiency.
Samsung Electronics' main South Korea union to strike over pay from Thursday
Samsung Electronics' biggest workers' union in South Korea said on Tuesday it would begin a four-day strike from Thursday to pressure the company over higher wages and bonuses after talks with management fell through in July.
Samsung Electronics Co., Ltd. (SSNLF) Q2 2024 Earnings Call Transcript
Samsung Electronics Co., Ltd. (OTCPK:SSNLF) Q2 2024 Earnings Conference Call July 30, 2024 9:00 PM ET Company Participants Daniel Oh - Head, Investor Relations Jaejune Kim - Executive Vice President, Memory Tommy Kwon - Vice President, System LSI Taejoong Song - Vice President, Foundry Charles Hur - Executive Vice President, Samsung Display Corp Daniel Araujo - Vice President, Mobile eXperience KL Roh - Vice President, Visual Display Conference Call Participants Sung-kyu Kim - Daiwa Securities Sei Cheol Lee - Citigroup Dong-Won Kim - KB Securities Dong-je Woo - Bank of America Giuni Lee - Goldman Sachs Jay Kwon - JPMorgan Securities Operator Hello, everyone, and welcome to the Samsung Electronics 2024 Second Quarter Financial Results Conference Call.
Samsung: One Ring To Rule Them All? Not Quite, But There's Value Here
Samsung: One Ring To Rule Them All? Not Quite, But There's Value Here
Samsung workers in South Korea launch indefinite strike for better pay
The union representing Samsung Electronics workers in South Korea has initiated an indefinite strike involving around 30,000 members, demanding better pay and benefits. The National Samsung Electronics Union (NSEU) announced the strike at the end of a three-day general strike, citing management's unresponsiveness.
Samsung Soars To Three-Year High As AI Boom Bolsters Chip Business
Samsung shares hit a three-year high on Friday after the South Korean tech giant forecast a 15-fold increase in its second quarter operating profit from the same time last year, as the global artificial intelligence boom buoys demand for advanced computer chips.
Samsung Electronics union in South Korea declares strike
Samsung Electronics' union in South Korea said on Monday it would launch a general strike until its demands for better pay and time off were met.
TSMC vs Samsung: Who's leading the semiconductor race?
The AI revolution of the 21st century hinges on a tiny yet crucial innovation — semiconductors. Playing a pivotal role in modern technology, semiconductors are essential in the manufacturing of electronic chips that power smartphones, computers, cars, and industrial machinery.
Samsung: 3nm Semiconductor Innovations Driving Market Dominance
Samsung Electronics is a leading developer of electronics, including smartphones, TVs, computers, and memory devices. The company's recent growth is expected to continue, driven by its advancements in AI technology and its leading market share in the global smartphone industry. Samsung's upcoming release of its 3nm GAA chip and potential partnership with Nvidia could further drive revenue growth and profits.
Samsung: Expecting This Laggard To Catch Up On Peers
Samsung's stock has underperformed compared to its memory market rivals Micron and SK Hynix in 2024. The company has been making progress in its High-Bandwidth Memory (HBM) business and secured support from Nvidia's Jensen Huang. Samsung overtook Apple as the world's leading brand in Q1, highlighting the diverse strength of the business.
