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Technology

Samsung Electronics chairman wins RM12bil court feud over family fortune

Lee Kun-hee fended off a lawsuit by estranged family members demanding he hand over billions of dollars of shares in Samsung companies.

Apple

Apple loses bid for US ban on Samsung smartphone sales

A US judge on Thursday rejected Apple's request for a permanent sales ban in the United States against some older Samsung smartphones, a key setback for the iPhone maker in its global patent battle.

Business

Samsung sells units, announces US$2bil share buyback

SEOUL: Samsung has announced a S$1.7bil sale of stakes in four affiliates and a US$2bil share buyback as the South Korean giant steps up restructuring efforts ahead of a generational ownership succession.

Technology

Samsung to merge two major units

Samsung Group announced the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.

Business

Samsung creates Apple team in display unit

SEOUL: Samsung Electronics Co created a standalone team of about 200 employees working exclusively on screens for Apple Inc products as the world’s biggest technology companies strengthen business ties, people with direct knowledge of the matter said.

Technology

Samsung profit rises on growth in memory chip business

SEOUL: Samsung Electronics Co posted quarterly profit that topped analyst estimates on growth in its memory chip business, but signalled caution in semiconductors by announcing a cut in capital spending for the year.

Business

Samsung unveils stock split and record profit

SEOUL: Samsung Electronics Co Ltd has announced its first stock split and said it expects demand for semiconductors to remain strong in 2018, as it posted record annual profit driven by a so-called memory chip “super-cycle”.

Investment

Samsung Heavy Industries shares sink

SEOUL: South Korean shipbuilder Samsung Heavy Industries announced its second rights offering in two years to lessen the risk of tighter credit conditions and forecast a fourth straight year of operating losses, prompting a near 30% slide in its shares.

Economy

Samsung Elec reports record Q3, says smartphone sales to slow

Samsung Electronics Co Ltd's quarterly operating profit surged 26% to a new record, matching estimates and powered by a strong recovery in its memory chip business as smartphone sales growth eases sharply.

Apple

Apple marketing executive says Samsung hurt iPhone, iPad demand

A top Apple Inc executive testified on Friday that Samsung Electronics Co Ltd undermined his company's marketing efforts, reputation and business by selling devices that copied the iPhone and iPad.