Latest Business news

Future Hyundai and Kia cars can be located using Samsung’s SmartThings

A few months ago, Samsung partnered with Hyundai and Kia to integrate SmartThings into the carmakers' automobiles. That partnership is now going one step ahead with the integration of SmartThings Find in Hyundai and Kia cars. More connected car features will soon be available on Galaxy smartphones and tablets. Locate lost or stolen Hyundai and […]

By Asif Iqbal Shaik
2 mins ago

Samsung Display to build new $1.8 billion OLED facility in Vietnam

As pressures from rival Chinese display manufacturers and trade restrictions are mounting on Samsung Display, the company has decided to consolidate its supply chain and lay the foundation of a new OLED assembly plant in Vietnam. Samsung will invest $1.8 billion in this new OLED display factory in Vietnam, which should be operational in 2026. […]

By Mihai Matei
18 hours ago

Samsung India worker’s strike could come to an end soon

Earlier this month, Samsung India’s employees working at the company’s manufacturing plant in Sriperumbudur, Tamil Nadu went on an indefinite strike demanding a pay rise, equal pay for workers with similar experience, end to mandatory overtime on a regular basis, an eight-hour work schedule, and union recognition. After almost ten days, there has been some […]

By Abid Iqbal Shaik
6 days ago

Xiaomi beat Apple in August but couldn’t touch Samsung

Samsung and Apple have exchanged leadership over the global smartphone market for the past few years, every few months or so, without any other OEMs getting in the way. However, Xiaomi came out of the left field in August and, taking advantage of Apple's temporary decline, snatched its place. In August, Xiaomi became the 2nd […]

By Mihai Matei
6 days ago

Samsung to pay $192 million for wireless charging patent infringement

Samsung Electronics and Californian start-up Mojo Mobility have clashed again in the courtroom. This time, however, Samsung lost the case. The US District Court for the Eastern District of Texas has declared that Samsung infringed on five of Mojo Mobility's patents related to wireless charging technologies. The court has ordered Samsung to pay Mojo Mobility […]

By Mihai Matei
7 days ago

Korean authorities arrest ex-Samsung exec for industrial espionage

At the beginning of the month, the industrial espionage case involving ex-Samsung executive Choi Jinseog re-emerged as the Seoul Central District Court issued a warrant to detain Choi after deeming him a flight risk. The case moved forward, and according to newer reports, it appears to have culminated with the arrest of Mr. Choi and […]

By Mihai Matei
1 week ago

Samsung Foundry might be having major issues at Texas chip plant

Samsung is reportedly taking drastic measures at its state-of-the-art chip manufacturing plant in Taylor, Texas, due to further delays and problems concerning low yields. In recent news (via Business Korea), Samsung supposedly withdrew personnel from the Texas chip manufacturing facility because of delays and slow progress concerning the yield of 2nm-based chips. Despite its efforts […]

By Mihai Matei
1 week ago

Google to ditch Samsung in favour of TSMC for Tensor G5, G6

So far, Google has launched four Tensor chipsets, and it has gotten all those manufactured by Samsung Foundry. Before the latest Tensor SoC, the Tensor G4, came out, there were rumors that the search giant would get its fifth Tensor processor, the Tensor G5, manufactured by TSMC. Earlier this year, a leak confirmed those rumors. […]

By Abid Iqbal Shaik
1 week ago

Samsung accused of breaking India’s antitrust laws

Samsung and other smartphone brands are accused of breaking India's antitrust laws by colluding with online retail giants Amazon and Flipkart to launch exclusive phones for those platforms. The report alleges these firms offered preferences to select retailers, hurting others in the process. Samsung reportedly broke India's competition laws by launching online-exclusive smartphones According to […]

By Asif Iqbal Shaik
1 week ago

NVIDIA open to having its GPUs made by Samsung

NVIDIA is the leading designer of AI and graphics chips. The company doesn't have its own foundry so it needs to get the chips it's designed manufactured by a foundry. The bulk of NVIDIA chips are made by TSMC and Samsung has long been trying to steal some market share away from the dominant player […]

By Adnan Farooqui
2 weeks ago

Samsung to make 2nm chips for AI firm Ambarella

Samsung, one of the world's biggest semiconductor chipmakers, has reportedly received a contract to make 2nm chips for Ambarella. It is a US-based fabless chipmaker that makes chips for cameras and advanced safety features (such as ADAS) for vehicles. Samsung to make 2nm chips for Ambarella starting 2026 It is being reported by TheElec that […]

By Asif Iqbal Shaik
2 weeks ago

Samsung to cut down up to 30% workforce globally in some divisions

Earlier today, we learned that Samsung India is going to lay off more than 10% of its managerial workforce amid a workers’ strike as consumer demand is going down. Unfortunately, there’s some bad news for Samsung employees in other regions as well. According to a new report from Reuters, Samsung Electronics has directed its subsidiaries […]

By Abid Iqbal Shaik
2 weeks ago

Samsung India to lay off 10% workforce amid workers’ strike

On Monday, Samsung’s employees working at the company’s manufacturing plant in Sriperumbudur went on an indefinite strike demanding a pay rise and equal pay. Now, more bad news is coming out about Samsung India. According to a new report from The Economic Times, Samsung India is going to lay off more than 200 employees. That’s […]

By Abid Iqbal Shaik
2 weeks ago

Samsung India workers go on a strike for pay rise

In July, Samsung’s employees working at its manufacturing plants in South Korea went on an indefinite strike demanding a wage rise. While there’s no information if the company was able to solve that issue, it is now facing a similar situation in India. On Monday, Samsung’s employees working at its manufacturing plant in Sriperumbudur, Tamil […]

By Abid Iqbal Shaik
2 weeks ago

Samsung misses out on OLED orders for iPhone SE

Earlier this year, we learned that Apple’s next iPhone SE will feature an OLED screen and that BOE, LG Display, and Samsung Display were in a bid to supply the display panel. A month down the line, we learned that Samsung Display has withdrawn its proposal to supply OLED panels for the iPhone SE4 due […]

By Abid Iqbal Shaik
3 weeks ago

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