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Samsung Group

A collection of news and information related to Samsung Group published by this site and its partners.

Top Samsung Group Articles

Displaying items 1-11
  • Samsung Group sells shares in chemical, defense arms for $1.7 billion

    South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defense firms for 1.9 trillion won ($1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate....
  • Samsung Electronics to buy back $2 billion in shares

    South Korea's Samsung Electronics Co Ltd on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits. The world's largest smartphone maker...
  • Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors

    Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors
    Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years. Having lost ground to...
  • Samsung Electronics wins $3 billion Vietnam project license

    Samsung Electronics wins $3 billion Vietnam project license
    South Korea's Samsung Electronics Co Ltd has secured a license to invest $3 billion to expand its production in northern Vietnam, the Vietnamese government said. The license was awarded on Nov. 17 in Thai Nguyen province, where Samsung Electronics has...
  • Samsung files ITC complaint to block Nvidia chips from U.S.: Bloomberg

    (Reuters) - South Korea's Samsung Electronics Co Ltd has filed a complaint with the U.S. International Trade Commission seeking to block computer-graphics chips made by Nvidia Corp from the U.S. market, Bloomberg reported. Samsung had accused Nvidia of...
  • Google, Rockstar agree to settle patent litigation: filing

    (Reuters) - Google Inc has agreed to settle litigation with patent consortium Rockstar, though terms of the deal were not disclosed in a court filing made public this week. Rockstar, which counts Apple Inc as an investor, outbid Google and paid $4.5...
  • Chipmaker Marvell's fourth-quarter revenue forecast disappoints

    (Reuters) - Marvell Technology Group Ltd forecast lower-than-expected revenue for the current quarter as weak demand for its chips used in third-generation mobile communication offset a rise in sales of its more profitable 4G LTE chips. Shares of the...
  • Nokia revives the brand with launch of iPad lookalike

    Nokia revives the brand with launch of iPad lookalike
    Finland's Nokia launched a new brand-licensed tablet computer on Tuesday which is designed to rival Apple's iPad Mini, just six months after the company sold its ailing phones and devices business to Microsoft for over $7 billion. Nokia, a name which was...
  • Air Products China site goes online to supply Samsung

     Air Products China site goes online to supply Samsung
    Air Products said Thursday a Samsung Electronics factory in northwest China, of which it supplies bulk-specialty gases, has gone online. The Trexlertown-based company said in a news release its 55,000-square-meter site houses two large air separation...
  • Samsung Electronics fires back at Nvidia with chip patents lawsuit

    Samsung Electronics fires back at Nvidia with chip patents lawsuit
    Samsung Electronics Co Ltd has accused Nvidia Corp of infringing several of its chip-related patents and for making false claims about its products, counter-suing after Nvidia filed a suit against the Korean company in September. Samsung Electronics,...
  • Android co-founder Andy Rubin to leave Google

    Android co-founder Andy Rubin to leave Google
    Google Inc said on Thursday that Andy Rubin, co-founder of its Android mobile business and head of its nascent robotics effort is leaving the company. Rubin will start a company to support startups interested in building technology-hardware products,...