Samsung

Iridium rises as William Blair calls possible Samsung deal ‘significant positive’

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dima_zel Iridium Communications (NASDAQ:IRDM) shares rose on Friday as investment firm William Blair called a potential deal with Samsung (OTCPK:SSNLF) a “significant positive” for the satellite constellation provider. Analyst Louie DiPalma, who has an outperform rating on Iridium (IRDM) shares, noted that any potential deal for satellite connectivity for Samsung’s S23 Galaxy smartphones would be … Read more

Samsung officially names third-generation heir Lee Jae-yong as chairman

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Samsung’s announcement that Lee is its new chairman came shortly after the company reported a 31% drop in profit for the three months through September. Samsung’s announcement that Lee is its new chairman came shortly after the company reported a 31% drop in profit for the three months through September. Samsung Electronics has officially appointed … Read more

Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out

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(Bloomberg) — Chip-related stocks in Japan, South Korea and Taiwan slumped as a move by the Biden administration to curb China’s access to US semiconductor technology sparked a selloff that has wiped out more than $240 billion from the sector’s market value globally. Taiwan Semiconductor Manufacturing Co. plunged more than 7%, the most since May … Read more

SoftBank to meet Samsung to explore Arm ‘strategic alliance’

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SoftBank chief executive Masayoshi Son will travel to Seoul next month to open talks with Samsung about a strategic tie-up between the South Korean technology conglomerate and UK chip designer Arm, which is owned by the Japanese group. The talks could mark a significant strategic shift by Son, who bought Arm for $32bn in 2016 … Read more

Between Samsung and TSMC, the Taiwanese firm controls over half of global foundry manufacturing

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Between Samsung and TSMC, the Taiwanese firm controls over half of global foundry manufacturing Between Samsung and TSMC, the Taiwanese firm controls over half of global foundry manufacturing When it comes to making chipsets, there is Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung, and the rest. The Taiwanese firm was running at full capacity to … Read more

Samsung says personal data of some U.S. customers exposed in breach

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Samsung Electronics Co. is warning some U.S. customers that their personal data was exposed in a recent breach. Samsung announced the breach in a brief statement late Friday, as Americans were about to start the long Labor Day holiday weekend. The company stressed the breach did not involve Social Security numbers or credit- or debit-card … Read more

Samsung Looks To Leverage Smart TV Lead With Revamp Of Free Streaming – Deadline

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Top smart TV maker Samsung has unveiled a new version of its TV Plus streaming offering. The free, ad-supported TV service has reach to 24 countries and 465 million devices globally across TV and mobile, the company said. Samsung TV Plus was an early mover in the FAST space, launching in 2015. It delivers 220 … Read more

South Korea: Samsung boss receives presidential pardon

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South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y. Lee on Friday, with South Korea’s Justice Ministry saying the business leader was needed to help overcome a “national economic crisis”. The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery relating to his … Read more