Samsung Electronics unveiled its Galaxy Z Fold 8, Fold 8 Ultra, and Flip 8 foldable smartphones, powered by Google's Gemini AI, offering diverse designs and personalized AI experiences, with a global rollout starting August 7.
Samsung Electronics launched its new Galaxy Z Fold 8, Fold 8 Ultra, and Flip 8 foldable smartphones at the Galaxy Unpacked event in London, featuring wider displays, lighter designs, and enhanced AI experiences building on seven generations of innovation.
Samsung Electronics is set to host its Galaxy Unpacked event in London, where it is expected to unveil new foldable smartphones, including a premium Galaxy Z Fold 8 Ultra, and introduce smart glasses with AI features, alongside its broader AI ecosystem strategy.
Samsung Electronics is reportedly preparing to manufacture Tesla's next-generation AI chip, the AI5, using its 2nm process at its Texas plant. The chip, designed for Tesla's FSD system, robots, and data centers, has completed its tape-out phase, with mass production expected to begin in 2027.
Samsung Electronics generated the largest economic value among South Korea's 100 biggest companies in 2025, reaching 177.25 trillion won. The tech giant also led in shareholder returns, distributing 14.16 trillion won.
Samsung Electronics estimates Q2 operating profit at 89.4 trillion won ($58.8 billion), a record high driven by strong AI semiconductor demand. This figure, excluding provisions for employee bonuses, could reach 100 trillion won. The company anticipates continued favorable market conditions.
Samsung Electronics forecasts a record second-quarter operating profit of 89.4 trillion won ($58.8 billion), a 1,181% surge year-over-year, driven by strong demand for AI-related semiconductors. This estimate surpasses market forecasts and highlights the company's dominant position in the AI supercycle.
Samsung Electronics' semiconductor division employees will receive performance bonuses up to 100% of their base salary for H1 2024, driven by the AI supercycle and HBM shipments. The chip division's operating profit is estimated at 140 trillion won for H1.
Samsung Electronics plans to restrict employee housing loans to smaller residences (under 85 sqm) in major cities, following criticism that such benefits could fuel property price hikes. The company may also standardize loan amounts to 500 million won for all applicants.
Samsung Electronics announced Tuesday it has developed the industry's fastest Universal Flash Storage (UFS) 5.0. The new memory solution is designed to enable on-device AI, allowing AI models to run locally without a network connection, with mass production slated for Q4.
Samsung Electronics has surpassed $1 billion in sales for its sixth-generation HBM4 chips, just four months after commencing mass production. Industry sources anticipate revenue to exceed $1.2 billion by the end of June, driven by demand for AI accelerators.
SK hynix has overtaken Samsung Electronics in market capitalization for the first time, reaching 2,091 trillion won compared to Samsung's 2,090 trillion won. This marks the first time since 2000 that Samsung has lost its top position on the KOSPI index.
Samsung Electronics held a global strategy meeting to discuss expanding sales of high-bandwidth memory (HBM) chips and long-term supply agreements with major customers like Nvidia and Google, amid surging AI chip demand.
Samsung Electronics' largest labor union will hold a confidence vote for its chief, Chairman Choi Seung-ho, due to backlash over a recent wage agreement. The deal includes a special semiconductor performance bonus but has faced criticism for primarily benefiting chip division employees, leading to a decline in union membership.
Samsung Electronics will hold its global strategy meeting starting Tuesday to discuss second-half business plans, focusing on AI integration and supply chain conditions for its mobile and chip divisions.
Samsung Electronics remains South Korea's most valuable brand in 2026, despite a 7.4% drop in value to $74.1 billion. SK hynix entered the top 10 for the first time, while Hyundai Motor ranked second.
Samsung Electronics dominated smartphone sales in Central/South America, the Middle East, and Southeast Asia during Q1, driven by its Galaxy S26 and A series. The company secured significant market share in these regions despite overall market declines in some areas.
Samsung Electronics union members are voting on a wage deal to avoid a strike. The agreement includes a special semiconductor performance bonus of 10.5% of business earnings, paid in stock over 10 years, averting potential supply chain disruptions.
Samsung Electronics' largest union plans an 18-day strike starting Thursday after rejecting a mediation proposal. South Korea's labor minister is mediating last-minute talks amid concerns over economic impact and global chip supply.
Samsung Electronics' largest union plans an 18-day strike starting Thursday after wage talks broke down, with management rejecting a mediation proposal. The union seeks fixed performance bonuses, while the company cites losses in some units. A strike could disrupt global supply chains and cost South Korea up to $67 billion.
Samsung Electronics' largest union will proceed with a strike this week, citing management's rejection of a government-mediated proposal on performance bonuses. Nearly 48,000 workers are set to walk off the job for 18 days.
Samsung Electronics' largest union will proceed with a planned 18-day strike starting Thursday, rejecting a government-mediated proposal on performance-based bonuses. The strike involves nearly 48,000 workers and raises concerns for South Korea's export-driven economy and global semiconductor supply chains.
Samsung Electronics' largest labor union and management resumed government-led wage mediation talks Wednesday, May 20, ahead of a planned 18-day strike by nearly 48,000 workers. The core dispute centers on performance-based bonuses for the AI-driven semiconductor business.
Samsung Electronics and its largest labor union will resume government-led wage mediation talks on Wednesday morning after failing to reach an agreement on performance-based bonuses and bonus caps during marathon negotiations.
