Samsung Electronics

Samsung Electronics to buy back $2 billion in shares

South Korea's Samsung Electronics Co Ltd (005930.KS) 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.

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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.

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Samsung Electronics wins $3 billion Vietnam project license

South Korea's Samsung Electronics Co Ltd (005930.KS) has secured a license to invest $3 billion to expand its production in northern Vietnam, the Vietnamese government said.

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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.

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Samsung Electronics chases curved smartphone wave to beat flat-screen crowd

Samsung Electronics Co Ltd aims to restore its crumbling lead in the global smartphone industry in part by ramping up high-end devices with curved screens full of advanced technology that's tough for rivals to replicate.

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Samsung Electronics to build $3 billion smartphone plant in Vietnam

South Korea's Samsung Electronics Co Ltd (005930.KS) has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.

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Samsung, LG turn to quantum dots as OLED still too pricey

The world's biggest TV makers, Samsung Electronics Co Ltd and LG Electronics Inc, are turning to quantum dot technology for their next-generation TVs as it could still be years before OLED is affordable for the mass market.

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Xiaomi moves into third place in global smartphone war

China's Xiaomi Inc has become the world's third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study.

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Microsoft launches wearable fitness device for $199

Microsoft Corp launched a device called "Microsoft Band" that will allow users to monitor their fitness and exercise regime, marking the world's largest software company's debut into the wearable technology market.

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Samsung Electronics heads for annual profit fall after weak third-quarter guidance

Samsung Electronics Co Ltd (005930.KS) is heading for its first annual earnings drop since 2011 after it revealed its July-September profit would be the lowest in more than three years and said short-term prospects for smartphones were uncertain.

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Apple plays defense on iPhone 6 bending, software concerns

Apple Inc (AAPL.O) broke its silence on complaints about bending iPhones, hours after withdrawing a glitch-ridden software update as the company struggles to restore momentum to the rollout of its latest phones.

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Apple's rivals hope its iWatch makes 'wearable' work

Know what a "Wearable" is? Most top tech executives would struggle to define it. Now they're hoping that Apple will do it for them.

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Samsung unveils Galaxy Note 4 with extras but no breakaway features

Samsung Electronics Co Ltd, the world's biggest mobile phone maker, unveiled new versions of its Galaxy Note smartphone on Wednesday after previous design miscues cost it customers in the large-screen phone market it pioneered.

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EU regulators fine Infineon, Samsung, Philips 138 million euros

European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards.

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Huawei says ships 34 million smartphones in H1 globally, up 62 percent year-on-year

China's Huawei Technologies Co Ltd said smartphone shipments in the first half rose 62 percent year-on-year, as it targets the more expensive smartphone sector dominated by Samsung Electronics Co Ltd and Apple Inc.

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