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Business 26 Jul 2013 | 1:29 PM Premium

How Samsung is beating Apple in China

GUANGZHOU, China/SEOUL (Reuters): Apple Chief Executive Tim Cook believes that "over the arc of time" China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been around far longer and penetrated much deeper into the world's most populous country.

Corporate News 23 Aug 2017 | 11:10 PM Premium

Ahead of Lee verdict, Samsung Group lacks leadership 'Plan B'

SEOUL: Samsung Group, South Korea's leading conglomerate, has no 'Plan B' for taking big decisions if its billionaire de facto leader Jay Y. Lee is jailed for corruption, people familiar with the matter said

Corporate News 30 Nov 2016 | 1:16 AM Premium

Samsung Electronics considers split as investor pressure builds

SEOUL: Tech giant Samsung Electronics Co Ltd <005930.KS>, under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history

Corporate News 12 Oct 2016 | 12:00 AM Premium

Samsung market value falls

SEOUL: Samsung Electronics Co halted sales of its Galaxy Note 7 smartphones and asked consumers to stop using the ones they’ve already purchased, another blow to South Korea’s largest company as it struggles with a crisis over exploding batteries. Shares plunged, cutting US$17bil from its market value.

Corporate News 20 Feb 2019 | 10:32 PM Premium

Samsung announces folding phone with 5G - at US$1,980

SAN FRANCISCO: Samsung Electronics Co Ltd on said on Wednesday it will release a folding smartphone in April that works with the next-generation 5G networks and will cost almost $2,000, a move to entice consumers to upgrade their phones.

Corporate News 24 May 2018 | 11:10 PM Premium

US jury awards Apple US$539mil in Samsung patent retrial

After nearly five days of deliberations, a U.S. jury on Thursday said Samsung Electronics Co Ltd should pay US$539 million to Apple Inc for copying patented smartphone features, according to court documents, bringing a years-long feud between the technology companies into its final stages.

Corporate News 07 Oct 2016 | 12:00 AM Premium

Samsung founding family’s plans under microscope

SEOUL: Samsung Electronics Co shares have jumped to a record high after activist investor Elliott Management submitted unsolicited proposals for a radical corporate makeover at the world’s biggest smartphone maker.

Business 01 Feb 2013 | 12:00 AM Premium

Samsung Electronics chairman wins $4 billion court feud over family fortune

SEOUL: Samsung Electronics Co Ltd Chairman Lee Kun-hee fended off a lawsuit by estranged family members demanding he hand over billions of dollars of shares in Samsung companies as a South Korean court ruled in his favor on Friday.

Business 09 May 2014 | 12:00 AM Premium

Samsung SDS plans share offering

SEOUL: Samsung SDS, the IT solutions affiliate of Samsung Group, is planning a listing this year, signalling further restructuring of family ownership in South Korea’s biggest conglomerate.

Business 06 Apr 2017 | 12:00 AM Premium

Samsung to ride on soaring chip profits in Q1

SEOUL: Record earnings at Samsung Electronics Co Ltd’s chip division are set to propel the tech giant’s first-quarter profit to a 3½-year high, and the quarters ahead could be even better if its newest smartphone, Galaxy S8, is a success.