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Elon Musk Confirms $16.5 Billion AI Chip Deal With Samsung Electronics
Tesla Chief Executive Officer (CEO) Elon Musk said he discussed the details of a recent semiconductor supply deal with Samsung Electronics Chairman, Lee Jae-yong.
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Samsung Vice Chairman Visits Noida Factory, Says India ‘One of the Biggest’ Global Markets With Huge Opportunity
Samsung Electronics announced the visit of JH Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division, to its Noida factory on Tuesday, praising its India-based research and development (R&D) teams. As per the company, this is the official’s second trip to India in 2024, signalling the country’s growing importance for the South...
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Samsung Expects Chip Demand to Recover in 2023 as Q3 Profits Fall, Names Lee Jae-Yong Executive Chairman
Samsung on Thursday said Q3 operating profits fell 31.39 percent year-on-year, as "demand for consumer products remained weak". The South Korean company also announced that Samsung heir and de facto leader Lee Jae-yong, who received a presidential pardon in August over a fraud conviction, would be promoted to executive chairman.
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Airtel 5G Launched in 8 Cities Today, Said to Be Available at Existing 4G Rates
Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress. With this, Bharti Airtel has become the first company to launch 5G services in the country.
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Softbank CEO to Meet With Samsung to Discuss 'Strategic Alliance' With Arm: All Details
Softbank CEO Masayoshi Son on Thursday said he wanted to meet South Korean tech giant Samsung to discuss a strategic alliance between the company and Arm, which is backed by Softbank. Monetising Arm has become a primary preoccupation for executives at tech conglomerate SoftBank. Son's statement followed Samsung Vice Chairman Jay Y. Lee reportedly s...
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Samsung Vice Chairman Convicted, Fined For Illegal Anaesthetic Drug Use
The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong was convicted Tuesday of illegally using the anaesthetic drug propofol, the latest legal travail to beset the multi-billionaire.
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Samsung Leader Jay Y. Lee Granted Parole, To Leave Prison On Friday
Samsung Electronics vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole and is expected to leave prison this Friday, South Korea's justice ministry said.
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Samsung's Lee Family To Pay More Than 12 Trillion Won Inheritance Taxes
The family of deceased Samsung Electronics chairman Lee Kun-hee said on Wednesday it will pay more than 12 trillion won ($10.78 billion) in inheritance taxes for the estate of the late patriarch.
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Samsung Chief Jailed For 2.5 Years Over Corruption Scandal
A South Korean court sentenced Samsung Electronics vice chairman Jay Y. Lee to two and a half years in prison on Monday, which could delay the group's ownership restructuring following the death of Lee's father in October.
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Samsung Electronics Chairman Lee Kun-hee Dies at 78
Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said. Under Lee's leadership, Samsung rose to become the world's largest producer of smartphones and memory chips, and the firm's overall turnover today is equivalent to a fifth of South Korea's GDP.
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Samsung Chairman Lee Kun-Hee Dies At 78
Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said.
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Government’s Move to Restrict TV Imports Reinforces PM Modi's Make Locally Drive: Industry Body
Government’s surprise move to restrict imports of TVs, announced on Thursday, will boost local manufacturing, strengthening Prime Minister Narendra Modi's flagship 'Make in India' drive, an industry body said.
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Jio 4G, Planned 5G Networks Don't Have a Single Chinese Component, Mukesh Ambani Tells Donald Trump
Jio would not have a single Chinese network part in its upcoming 5G network, Reliance Industries Chairman Mukesh Ambani told US President Donald Trump during his maiden trip to India, recently.
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Samsung Chairman Sentenced To 18 Months In Jail For Union Sabotage
The chairman of Samsung Electronics, the world's biggest smartphone and chip maker, has been jailed for sabotaging union activities, prompting a rare apology on Wednesday from the firm.
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Samsung Board Chairman Jailed on Union-Busting Charge
Samsung Electronics board chairman Lee Sang-hoon was sentenced to 1-1/2 years jail on Tuesday for sabotaging legitimate union activities, a South Korean court said.
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Elon Musk Confirms $16.5 Billion AI Chip Deal With Samsung Electronics
Tesla Chief Executive Officer (CEO) Elon Musk said he discussed the details of a recent semiconductor supply deal with Samsung Electronics Chairman, Lee Jae-yong.
-
Samsung Vice Chairman Visits Noida Factory, Says India ‘One of the Biggest’ Global Markets With Huge Opportunity
Samsung Electronics announced the visit of JH Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division, to its Noida factory on Tuesday, praising its India-based research and development (R&D) teams. As per the company, this is the official’s second trip to India in 2024, signalling the country’s growing importance for the South...
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Samsung Expects Chip Demand to Recover in 2023 as Q3 Profits Fall, Names Lee Jae-Yong Executive Chairman
Samsung on Thursday said Q3 operating profits fell 31.39 percent year-on-year, as "demand for consumer products remained weak". The South Korean company also announced that Samsung heir and de facto leader Lee Jae-yong, who received a presidential pardon in August over a fraud conviction, would be promoted to executive chairman.
-
Airtel 5G Launched in 8 Cities Today, Said to Be Available at Existing 4G Rates
Bharti Airtel's 5G service will be available in eight cities from Saturday, its chairman Sunil Bharti Mittal said at India Mobile Congress. With this, Bharti Airtel has become the first company to launch 5G services in the country.
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Softbank CEO to Meet With Samsung to Discuss 'Strategic Alliance' With Arm: All Details
Softbank CEO Masayoshi Son on Thursday said he wanted to meet South Korean tech giant Samsung to discuss a strategic alliance between the company and Arm, which is backed by Softbank. Monetising Arm has become a primary preoccupation for executives at tech conglomerate SoftBank. Son's statement followed Samsung Vice Chairman Jay Y. Lee reportedly s...
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Samsung Vice Chairman Convicted, Fined For Illegal Anaesthetic Drug Use
The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong was convicted Tuesday of illegally using the anaesthetic drug propofol, the latest legal travail to beset the multi-billionaire.
-
Samsung Leader Jay Y. Lee Granted Parole, To Leave Prison On Friday
Samsung Electronics vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole and is expected to leave prison this Friday, South Korea's justice ministry said.
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Samsung's Lee Family To Pay More Than 12 Trillion Won Inheritance Taxes
The family of deceased Samsung Electronics chairman Lee Kun-hee said on Wednesday it will pay more than 12 trillion won ($10.78 billion) in inheritance taxes for the estate of the late patriarch.
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Samsung Chief Jailed For 2.5 Years Over Corruption Scandal
A South Korean court sentenced Samsung Electronics vice chairman Jay Y. Lee to two and a half years in prison on Monday, which could delay the group's ownership restructuring following the death of Lee's father in October.
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Samsung Electronics Chairman Lee Kun-hee Dies at 78
Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said. Under Lee's leadership, Samsung rose to become the world's largest producer of smartphones and memory chips, and the firm's overall turnover today is equivalent to a fifth of South Korea's GDP.
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Samsung Chairman Lee Kun-Hee Dies At 78
Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said.
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Government’s Move to Restrict TV Imports Reinforces PM Modi's Make Locally Drive: Industry Body
Government’s surprise move to restrict imports of TVs, announced on Thursday, will boost local manufacturing, strengthening Prime Minister Narendra Modi's flagship 'Make in India' drive, an industry body said.
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Jio 4G, Planned 5G Networks Don't Have a Single Chinese Component, Mukesh Ambani Tells Donald Trump
Jio would not have a single Chinese network part in its upcoming 5G network, Reliance Industries Chairman Mukesh Ambani told US President Donald Trump during his maiden trip to India, recently.
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Samsung Chairman Sentenced To 18 Months In Jail For Union Sabotage
The chairman of Samsung Electronics, the world's biggest smartphone and chip maker, has been jailed for sabotaging union activities, prompting a rare apology on Wednesday from the firm.
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Samsung Board Chairman Jailed on Union-Busting Charge
Samsung Electronics board chairman Lee Sang-hoon was sentenced to 1-1/2 years jail on Tuesday for sabotaging legitimate union activities, a South Korean court said.
