Samsung on Wednesday unveiled a smartphone that folds open to be a tablet, becoming the first major manufacturer to offer the feature as it strives to stoke excitement in a slumping market.
Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million "exploding" washing machines recalled in the US, the South Korean company said Tuesday.
Samsung Electronics, the world's biggest smartphone and memory chip maker, reported a slump in fourth-quarter net profits on Thursday, blaming a drop in demand for its key products.
The world's second-largest memory chip maker, South Korea's SK Hynix, saw operating profits drop for the first time in two years in the fourth quarter as prices fell, it said Thursday.
Samsung Electronics on Tuesday flagged its first quarterly profit drop in two years and painted a grim outlook owing to mounting competition from Chinese smartphone makers and declining chip prices.
Samsung Electronics apologized Friday for illnesses and deaths of some of its workers, saying it failed to create a safe working environment at its computer chip and display factories.
Samsung Electronics on Wednesday posted record quarterly operating and net profits as solid demand for its memory chips cushioned the fallout from slowing smartphone sales—but warned of tougher times ahead.
Samsung Electronics Friday forecast a record operating profit of 17.5 trillion won ($15.4 billion) in the third quarter led by solid demand for its memory chips.
Samsung Electronics plans to spend $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman ...