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Tech Giant Samsung Cuts Jobs as Stock Plummets 20% in 2024
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Tech Giant Samsung Cuts Jobs as Stock Plummets 20% in 2024

Samsung Electronics plans to cut thousands of jobs globally, primarily outside South Korea, as it faces market challenges and a declining stock price.

October 01, 2024
Micron Technology Stock Gains in Premarket After Samsung’s HBM Chips Fail

Micron Technology Stock Gains in Premarket After Samsung’s HBM Chips Fail

According to recent new reports, Samsung's HBM chips failed Nvidia's tests. The company's South Korea-listed shares dropped over 3% at market close.

May 24, 2024
Is Samsung Poised for Significant Growth as the AI Chip Market Surges?

Is Samsung Poised for Significant Growth as the AI Chip Market Surges?

Samsung Electronics Co Ltd expects a substantial increase in its first-quarter operating profit to 6.6 trillion won ($4.9 billion), up from 640 billion won the previous year.

April 05, 2024
Memory Companies are Having a Bad Year, But an AI Silver Lining Emerges

Memory Companies are Having a Bad Year, But an AI Silver Lining Emerges

Shares of memory chip manufacturers like Samsung could witness a fresh surge next year as the AI boom unlocks a new growth venue.

October 16, 2023
Samsung to Retain Google as Default Search Engine on its Devices: Report

Samsung to Retain Google as Default Search Engine on its Devices: Report

Google currently accounts for 93% of searches on mobile devices and computers.

May 19, 2023

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