Samsung
LG & Samsung Sue Indian Govt Over E-Waste Rules: Costs to Triple, Firms Claim
April 22, 2025 – Legal documents filed in the Delhi High Court reveal that LG Electronics and Samsung Electronics have jointly filed a lawsuit against the Indian government this month, challenging a provision in the “2024 E-Waste Management Amendment Rules” related to “minimum recycling payout standards.” The move marks the eighth foreign-owned corporation to contest…
Samsung’s Ballie Takes Center Stage: Unveiling the AI Robot This Week
April 9, 2025 – Samsung took to its official Instagram page yesterday to drop a teaser about Ballie, its AI – powered companion robot. The company hinted at unveiling more details, possibly including release specifics, at an upcoming event this week. Ballie is no ordinary robot. It’s a highly integrated AI companion that works seamlessly…
2024 Foldable Phone Shipment Shakeup: Samsung Down, Huawei and Xiaomi Up
April 1, 2025 – The market research firm CounterPoint Research released a blog post on March 28th, revealing that the global foldable smartphone market experienced a mere 2.9% growth in 2024, marking a significant deceleration. The report further projects that the market will witness its first single-digit negative growth in 2025 but anticipates a robust…
Samsung’s Lee Jae-yong Visits BYD Headquarters in China for Strategic Talks
March 25, 2025 – During his visit to China, Lee Jae-yong, the Chairman of Samsung Electronics, paid a significant visit to the Shenzhen headquarters of BYD Group, a leading new energy vehicle (NEV) company. Following his attendance at the China Development Forum’s Annual Conference 2025 on the 23rd and 24th, Lee Jae-yong made his way…
Samsung’s Revolutionary Triple-Folding Phone Hits Korea in Limited Release This Year
March 7, 2025 – Galaxy Club, a Dutch technology media outlet, revealed additional information on March 6th about Samsung’s upcoming triple-folding smartphone, indicating that the device will make its debut in a limited edition format with priority given to the Korean market. According to the report, the Samsung Galaxy Z Fold7 series will consist of…
Samsung Chip Boss Visits NVIDIA with 1b DRAM Sample, Aims to Secure HBM3E Orders
February 18, 2025 – According to a report by TheElec, the head of Samsung’s chip division personally visited the headquarters of NVIDIA in the United States last week. The purpose of this visit was to showcase Samsung’s newly developed 1b DRAM chip sample, primarily intended for High-Bandwidth Memory (HBM) applications. Sources indicate that NVIDIA had…
Samsung Takes the Lead in Q4, Closes in on Apple in Indian Tablet Market in 2024
February 17, 2025 – According to the latest 2024 India Tablet Market Analysis Report released by CyberMedia Research (CMR), Samsung has made significant progress in the Indian tablet market. The report reveals that in the fourth quarter of 2024, Samsung captured a 29% share of the Indian tablet market, securing the top spot. This is…
Samsung, OpenAI, and SoftBank Leaders Convene in Seoul to Explore AI Collaborations
February 5, 2025 – According to reports, Lee Jae-yong, Vice Chairman of Samsung Electronics, Sam Altman, CEO of OpenAI, and Masayoshi Son, CEO of SoftBank, held a tripartite meeting in Seoul, South Korea on Tuesday to explore potential collaboration opportunities in the field of artificial intelligence. Insights from informed sources reveal that Altman had initially…
Samsung Slashes 2025 Wafer Foundry Equipment Budget to Half
January 24, 2025 – According to a report by South Korean media outlet SEDaily on the 21st, Samsung Electronics’ wafer foundry business has slashed its equipment investment budget for this year to only 5 trillion Korean won, marking a direct halving compared to the 10 trillion Korean won allocated in 2024, as per the annual…
Samsung Implements New Strategy: Linking Employee Bonuses to Stock Performance
January 20, 2025 – Samsung Electronics, the South Korean technology giant, is navigating through one of the most challenging periods in its history. The company has seen a significant decline in its share price over the past six months, primarily due to issues within its memory and semiconductor chip business. In response to this predicament,…