Samsung Posts Record Revenue Amid Mobile Loss
Samsung Electronics delivered record quarterly revenue of 171.5 trillion won while simultaneously posting its first operating loss in the mobile business, exposing how surging memory prices tied to artificial intelligence infrastructure are reshaping…
Samsung, Broadcom Ink $200B Deal
Samsung Electronics’ $200 billion memorandum of understanding with Broadcom marks a decisive step in the foundry wars, anchoring long-term production of next-generation AI accelerators and high-bandwidth memory at Samsung’s fabs. The agreement, spanning…
Samsung Unveils New Foldables
Samsung unveiled three new foldable smartphones at its July 2026 Galaxy Unpacked event in London, marking a deliberate escalation in a category the company has dominated since 2019. The Galaxy Z Fold8, Z Fold8 Ultra, and Z Flip8 arrive with higher…
Samsung Enters US Credit Card Market
Samsung’s entry into the U.S. credit card market with the Galaxy Card represents a deliberate extension of its hardware ecosystem into payments and rewards. The card, issued by Barclays on the Visa network, is provisioned directly into Samsung Wallet,…
Samsung Buys PolyPeptide
Samsung Biologics has launched an all-cash public tender offer to acquire PolyPeptide Group AG for approximately CHF 1.46 billion ($1.8 billion), marking the largest biopharmaceutical M&A transaction in Swiss history and signaling a decisive push…
Samsung Reclaims Top Spot
Samsung has reclaimed the position of the world’s top smartphone maker in the second quarter of 2026, driven largely by strong shipments of its Galaxy S26 series. At the same time, the company is confronting a display anomaly affecting some S26 Ultra…
Smartphone Shipments Plummet
The global smartphone industry is confronting its sharpest contraction in more than a decade, driven by a severe shortage of DRAM and NAND memory that has inflated component costs and forced widespread price increases. Shipments fell 11 percent…
Samsung Unveils New Foldables
Samsung’s July 22 Galaxy Unpacked in London arrives at a pivotal moment for the company, as it prepares to unveil new foldable smartphones while its memory-chip business contends with a sharp correction in AI-related equities. The event is expected to…
Samsung Unveils Foldable Device
Introduction to Samsung’s Latest Innovations The world of smartphones is on the cusp of a significant transformation, with Samsung gearing up to launch its latest foldable device, the Galaxy Z Fold 8 Wide, in a move that could potentially disrupt…
Samsung Profit Soars
Samsung Electronics delivered a projected operating profit of 89.4 trillion won for the second quarter, an 1,810 percent increase from the year-earlier period, yet its shares closed nearly 7 percent lower on the day of the announcement. The disconnect…