Samsung Electronics Co Ltd
Exclusive look at the making of High NA, ASML’s new $400 million chipmaking colossus
Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine. CNBC went to […]
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Samsung Electronics to acquire heating and cooling solutions provider FläktGroup for 1.5 billion euros
A Samsung Group flag flutters in front of the company’s Seocho building in Seoul. Sopa Images | Lightrocket | Getty Images Samsung Electronics on Wednesday announced that it would acquire all shares of German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros ($1.68 billion) from European investment firm Triton. Samsung said […]
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First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]
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SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom
Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Thursday topped quarterly revenue and operating profit estimates, with demand for its high bandwidth memory offerings used in generative artificial intelligence chipsets remaining robust. Here are SK Hynix’s first-quarter results […]
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LG, Samsung sue Indian government over electronic-waste pricing policy, Reuters reports
Samsung and LG logos are seen in Poland on Nov. 19, 2024. Nurphoto | Nurphoto | Getty Images South Korea’s LG and Samsung have sued India’s government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country’s environmental rules, citing business impact. The lawsuits, set to be heard on Tuesday with other challenges, mark an […]
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Google receives cease and desist order from Japan’s antimonopoly watchdog over unfair practices
An attendee takes a photograph using a Google Pixel 9 smartphone during the CP+ trade show in Yokohama, Japan on February 27, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images The Japan Fair Trade Commission (JFTC) on Tuesday issued a cease and desist order against Google for unfair trade practices regarding search services […]
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Samsung Electronics says co-CEO Han Jong-hee has passed away
Han Jong-hee, co-chief executive officer of Samsung Electronics Co., at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. Bloomberg | Bloomberg | Getty Images South Korea’s Samsung Electronics said Tuesday that its co-CEO Han Jong-hee has passed away at the age of 63. He […]
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Samsung CEO says company will pursue deals as it struggles for growth
Han Jong-hee, co-chief executive officer of Samsung Electronics Co., speaks at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to […]
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More trifold smartphones are popping up after Huawei’s $3,600 splash
BARCELONA — China’s Huawei isn’t the only smartphone maker adding a third display to its devices. At the Mobile World Congress (MWC) trade show in Barcelona, a number of firms were showing off their display technology innovations. The South Korean tech giant Samsung revealed its new “trifold” concept devices at the event: the Flex G […]
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Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Asian tech and chip-related stocks fell Tuesday after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump said the […]
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