Samsung Electronics forecasts 25.7percent jump in Q4 operating profit

Samsung Electronics forecasts 25.7percent jump in Q4 operating profit

South Korean tech giant Samsung Electronics flagged a jump of more than 25 percent in Q4 operating profit Friday, with working from home under the coronavirus pandemic driving demand for the devices powered by its chips.
Samsung Electronics Q3 net profit leaps after Huawei boost

Samsung Electronics Q3 net profit leaps after Huawei boost

Samsung Electronics' net profit jumped by almost half in the third quarter, it reported Thursday, as the South Korean giant's mobile and chip businesses were boosted by US sanctions against Chinese rival Huawei.
Vietnam’s significance conveyed by Samsung

Vietnam’s significance conveyed by Samsung

Samsung is expected to construct a battery manufacturing plant in Vietnam, in addition to its already-huge investments in the country.
Samsung Electronics chairman Lee Kun-hee dies at 78

Samsung Electronics chairman Lee Kun-hee dies at 78

Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said.
PM pledges optimal conditions for Samsung’s hi-tech projects

PM pledges optimal conditions for Samsung’s hi-tech projects

Vietnam will create optimal conditions for Samsung Electronics to invest in high technology projects, Prime Minister Nguyen Xuan Phuc said on October 20
SK Hynix in $9 bn deal for Intel's flash memory chip business

SK Hynix in $9 bn deal for Intel's flash memory chip business

The world's second-largest chipmaker, South Korea's SK Hynix, on Tuesday announced a $9 billion deal to buy Intel's flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics.
Samsung flags near-60% operating profit jump after Huawei boost

Samsung flags near-60% operating profit jump after Huawei boost

Samsung Electronics flagged a leap of nearly 60 percent in third-quarter operating profits Thursday, as its mobile and chip business were boosted by US sanctions against its Chinese rival Huawei.
Vietnam might become largest manufacturing facility of Samsung

Vietnam might become largest manufacturing facility of Samsung 8

Samsung Electronics will shift part of its Chinese TV factory to Vietnam while recategorising its SEHC factory as an export processing enterprise.
South Korean tech titans tracking cost advantage

South Korean tech titans tracking cost advantage

Recognising the vast potential of Vietnam’s developing IT industry, more South Korean high-tech tech firms are looking to ramp up their production in the Southeast Asian country.
Samsung heir apologises over corruption scandal

Samsung heir apologises over corruption scandal

The heir to the Samsung empire bowed in apology Wednesday (May 6) for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.
Vietnam extends another quarantine exception for arriving Samsung experts

Vietnam extends another quarantine exception for arriving Samsung experts

Samsung Electronics has received another exception for its engineers, who are allowed to skip quarantine after entering the country.
Samsung Galaxy could be delayed by quarantine regulations of Vietnam

Samsung Galaxy could be delayed by quarantine regulations of Vietnam

Samsung has been hit hard by Vietnam's restrictions on travel from South Korea, setting the production of the latest Galaxy Note smartphones behind schedule.
Samsung Display asks to not isolate 700 engineers from South Korea

Samsung Display asks to not isolate 700 engineers from South Korea

Samsung's plea to exempt 700 South Korean engineers from the mandatory quarantine would cause numerous hiccups in the containment of the epidemic.
PM Phuc meets leaders of RoK groups

PM Phuc meets leaders of RoK groups

Prime Minister Nguyen Xuan Phuc met with Vice Chairman of Samsung Electronics Lee Jae-yong on November 28 as part of his official visit to the Republic of Korea (RoK).
Opportunities for CLMVT subregion

Opportunities for CLMVT subregion

Amid escalating trade tensions, the CLMVT subregion, including Vietnam, emerges as a big beneficiary thanks to the synergies transforming the subregion into Asia’s new value chain hub.
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