Rappler's latest stories on Samsung Electronics
Samsung Electronics profit slips on virus, more falls forecast
The company expects weaker results in the April-June period as 'uncertainties driven by COVID-19 will persist' into the second half
Samsung Electronics flags 56% fall in Q3 operating profit
This marks the 4th consecutive quarter in which the company has recorded a profit drop in the face of falling semiconductor prices and weakened demand for its mobile devices
Samsung Electronics flags 56% fall in Q2 operating profit
Samsung is facing some challenges, with chip prices falling as global supply increases while demand weakens.
Samsung Electronics hit with quarterly profit slump
Net profits for Samsung Electronics in the January-March period were 5.04 trillion won ($4.3 billion) – the lowest since the third quarter of 2016 and down 56.9% year-on-year
Samsung Electronics flags 60% fall in Q1 operating profit
Operating profits drop year-over-year in the face of a weakening chip market and tough competition from Chinese rivals like Huawei
Samsung Electronics Q4 profits slump along with global demand
Like Apple, Samsung is hit by weak sales in China as domestic brands such as Huawei, Xiaomi and other Chinese rivals rise
Samsung Electronics flags near-30% slump in Q4 operating profit
Operating profit during the October to December period is expected to be around 10.8 trillion won ($9.8 billion), down 28.7% from a year earlier, Samsung says in an earnings estimate
Samsung Electronics posts record in Q3 despite smartphone struggles
Samsung recovers from a series of setbacks, including a humiliating recall and the jailing of its de facto chief, to post a series of record-breaking numbers
Samsung Electronics flags record Q3 operating profit
The South Korean firm reports an operating profit of $15.4 billion for the 3rd quarter of 2018
1 dead, 2 injured in gas leak at Samsung chip plant
The 3 victims were employees of one of Samsung's suppliers and were inspecting the factory's gas-related facilities, Samsung says
Samsung to invest billions in new tech to drive fresh growth
The initial $22 billion investment is part of a total of $161 billion the group plans to invest over the next 3 years across its businesses.
Samsung Electronics posts $9.9-B Q2 net profit, down 0.1%
Slower global sales of premium smartphones this year are partly to blame for dip
Samsung Electronics Q1 net profits up by 52% year-over-year
Strong demand for memory chips and the Galaxy S9 drive profits
South Korea appeals court frees Samsung heir
(3rd UPDATE) A South Korean appeals court upholds Samsung heir Lee Jae-Yong's bribery conviction but cuts his prison sentence to a suspended term, ordering his immediate release
Samsung Electronics reports record Q4 and full year profits
Increased shipments of OLED panels like the ones on Apple's iPhone X contribute to a 73% jump in Samsung's fourth quarter net profit
Samsung Electronics posts record Q3 profits, replaces CEOs
(UPDATED) This is despite the company facing the jailing of its de facto leader for bribery and a recall of its flagship device
Park refuses order to testify in Samsung heir's trial
For the second time in a fortnight impeached president Park Geun Hye rejects a court order to give evidence in the case of Lee Jae Yong the vice chairman of Samsung Electronics
Samsung to invest $18 billion in memory chip business
The world s top maker of smartphones and memory chips will invest 20 4 trillion won 17 7 billion by 2021 to expand and upgrade its chip plants
Samsung's Galaxy S8 hits stores, aims to move on from recall crisis
The device is Samsung s first major launch since last year s humiliating withdrawal of the Galaxy Note 7 over exploding batteries which hammered its once stellar reputation
Samsung heir accused of bribery, perjury as trial opens
Lee Jae Yong has been charged with paying nearly 40 million to the now impeached president s close friend Choi Soon Sil allegedly as bribes to secure policy favors
Samsung heir arrested in corruption probe
3rd UPDATE His arrest the first for a Samsung chief will send shock waves through the group which is a major part of the South Korean economy
Samsung says Q4 profits up 50% despite Note7 recall
Samsung s earnings are driven by the components businesses mainly the memory business and the display panel segment it says with the stronger US dollar also boosting profits
Samsung Electronics eyes separation in reform plan
UPDATED The move comes as the tech giant struggles to contain the fallout from a global recall of its Galaxy Note 7 smartphone prompted by exploding batteries
Samsung raided over probe into South Korea political scandal
Media reports have suggested that Samsung Electronics may have funneled as much as 2 8 million euros to President Park Geun Hye s confidante Choi Soon Sil to bankroll her daughter s equestrian training in Germany
Samsung scion joins board as profits plunge on Note 7 crisis
UPDATED The profit slump is in line with a revised earning estimate issued by Samsung two weeks earlier after it killed off its flagship Galaxy Note 7
Expanded Samsung Galaxy Note7 recall ordered in US
Consumers should immediately stop using and power down all Galaxy Note7 devices including Note7 devices received as replacements in the previous recall the agency says in a statement
Phoenix Semiconductor unfazed by Samsung Galaxy Note7 global recall
The Philippine based memory semiconductor chip manufacturer tells the local bourse that it does not produce semiconductor devices for the troubled Note7
Smartphone sales drive Samsung Q2 profit
Samsung s net profit for the second quarter of 2016 rises to 5 2 billion thanks to its Galaxy S7 and S7 Edge phones
Samsung may release bendable smartphones in 2017 – report
While one model is said to fold in half the other supposedly has a 5 inch unfurling display that becomes an 8 inch panel
Samsung, tech suppliers sink on smartphone woes but Asia stocks gain
The 40 fall in Samsung s net profit and Apple s report fuel fears about the saturated smartphone market and the impact on smaller firms that rely on their ongoing popularity
Phoenix Semiconductors suffers slump demand, delays Clark expansion
As a result of the slump demand Phoenix Semiconductors Philippines delays expansion of its manufacturing facility at the Clark Freeport Zone in Pampanga
Samsung unveils $10B share buyback with Q3 profit surge
Favorable exchange rates and a renewed focus on components are behind the profit jump Samsung seeks to shake off the loss of smartphone market share to Apple in the premium segment and to Chinese rivals at the lower end
Samsung flags nearly 80% jump in Q3 operating profit
The firm s flagship smartphone business is struggling against fierce competition but brisk business in chips and displays has largely compensated for these difficulties
Xiaomi considering entering laptop business – report
The Bloomberg report cites people with direct knowledge of the matter adding Xiaomi may have a notebook on sale in the first quarter of 2016
Samsung Electronics Q2 profit drop misses estimates
The earnings forecast comes as a South Korean court rules in Samsung s favor against a US hedge fund s efforts to block the proposed merger of two major affiliates
Samsung bullish in PH, launches Galaxy Note Edge
‘I’m eager to find more ways for Samsung to grow with the Philippine market and better serve their needs ’ says Harry Lee Samung Electronics PH’s newly appointed president and managing director
Samsung posts first annual profit decline in 3 years
Samsung also warns that it expected 2015 s business environment to be as challenging as 2014
Samsung unveils new TV platform to cut Google reliance
Samsung says all of its new web connected TV sets would run Tizen adding it will unveil its first ever Tizen smart TVs at a consumer electronics fair in Las Vegas next week
Samsung flags 60% plunge in Q3 operating profit
Samsung s sales are estimated at 47 trillion won down 20 4 from 2013
Samsung forecasts profit drop for 2nd straight quarter
The first quarter forecast for Samsung Electronics is in line with market expectations
Samsung flags raised dividend at rare analyst meet
The world s largest technology firm by revenue promises to boost shareholder returns
Samsung posts record profit of $5.97-B
The South Korean giant says profit was powered by strong smartphone sales
Samsung smartphone debuts in London
Samsung unveils latest flagship smartphone in London
Smartphones boost Samsung revenues in 2012
South Korea s Samsung Electronics registers 1st quarter profits 97 higher compared to last year
