DPPA paves the way to energy transition

DPPA paves the way to energy transition

Direct power purchasing mechanisms pave the way for manufacturers to accelerate their emission reduction strategies by expanding the procurement of renewable energy.
Samsung Electronics Thai Nguyen to utilise Phenikaa-X's AMR Pallet Mover robots

Samsung Electronics Thai Nguyen to utilise Phenikaa-X's AMR Pallet Mover robots

Phenikaa-X JSC, a subsidiary of Phenikaa group, is providing smart automation robot products for Samsung Electronics Thai Nguyen Factory (SEVT).
Samsung's South Korean workers strike: five things to know

Samsung's South Korean workers strike: five things to know

Thousands of South Korean workers at the world's largest chipmaker, Samsung Electronics, have gone on an "indefinite" strike their union says will hit production of crucial high-tech semiconductors.
Samsung Electronics expects 10-fold rise in Q1 profit

Samsung Electronics expects 10-fold rise in Q1 profit

Samsung Electronics said Friday it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover.
OpenAI CEO Altman visits S.Korea for Samsung, SK Hynix meetings: reports

OpenAI CEO Altman visits S.Korea for Samsung, SK Hynix meetings: reports

ChatGPT creator OpenAI's CEO, Sam Altman, has arrived in South Korea to meet with the leaders of chip giants Samsung Electronics and SK Hynix, reports said Friday.
Samsung expects second-quarter profit to plunge more than 95 percent

Samsung expects second-quarter profit to plunge more than 95 percent

Samsung Electronics said Friday it expects second-quarter operating profits to fall more than 95 percent on-year to their lowest level in 14 years, as a global glut of semiconductors continues to hurt its core memory sector.
Samsung Electronics flags sharp Q4 profit drop on falling demand

Samsung Electronics flags sharp Q4 profit drop on falling demand

Samsung Electronics said Friday it expected its fourth-quarter operating profits to plunge 69 percent, as the global downturn causes a sharp decline in demand for memory chips and smartphones.
Samsung to raise total investment in Vietnam to $20 billion

Samsung to raise total investment in Vietnam to $20 billion

Samsung Electronics vice chairman Han Jong-hee said the company would raise total investment in Vietnam to $20 billion, focusing on artificial intelligence and big data.
Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics expects operating profits in the third quarter to fall 31.7 percent, the South Korean tech giant said in a statement Friday, after a global economic downturn hit demand for consumer electronics.
Tungsten riches not yet in grip of giants

Tungsten riches not yet in grip of giants

While Vietnam wants to become a top supplier of tungsten for major tech companies, strict controls on source information mean achieving that goal is not guaranteed.
Prime Minister asks Samsung Electronics to expand operations in Vietnam

Prime Minister asks Samsung Electronics to expand operations in Vietnam

Prime Minister Pham Minh Chinh has asked Samsung Electronics of the Republic of Korea to expand its operations in Vietnam during a reception for the group’s CEO Roh Tae-Moon in Hanoi on August 5.
Electronics giants leading foreign investment bounce

Electronics giants leading foreign investment bounce

With billions of US dollars worth of high-quality investment committed, Vietnam is set to elevate itself to value chains, becoming a key manufacturing hub in the region.
Local suppliers fuelled to meet higher standards

Local suppliers fuelled to meet higher standards

Samsung Electronics and the Ministry of Industry and Trade last month held a kick-off ceremony for a smart factory in the northern province of Vinh Phuc. Ngo Huu Tiep, group chairman of Haast Industry Vietnam – one of 14 domestic suppliers being supported – told VIR’s Kim Oanh about the factory’s role in fostering Vietnam’s supporting industries.
Samsung Electronics Q1 net profit up almost 60 percent

Samsung Electronics Q1 net profit up almost 60 percent

South Korean tech giant Samsung Electronics posted a near 60 percent rise in first-quarter net profits on Thursday, largely driven by steady memory chip demand and brisk smartphone sales.
Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global supply chain woes.
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