Tag: Samsung Electronics

Samsung Q1 operating profit soars, chip business back to profit

Samsung said it has invested 7.82 trillion won in research and development for the quarter ending March, marking the largest quarterly investment.

April 30, 2024

Take corrective measures for unfair practices against retail stores: Regulator orders samsung

"Such a practice constitutes an interference of business operations that violates the country's fairness of franchise transactions act," an FTC official said.

April 10, 2024

Samsung, employees agree to 5.1 pc pay raise for 2024

Samsung Electronics said it has decided to raise wages by some 5 per cent to boost employee morale despite continued global uncertainty.

March 29, 2024

Wage negotiations at Samsung break down, union plans strike

The management has suggested a 2.5 per cent pay raise, but the NSEU has come up with an 8.1 per cent increase.

February 20, 2024

Samsung Q4 profit drops over 34%, memory chip rebounds

Its net profit tumbled 73.4 percent on-year to 6.34 trillion won and sales decreased 3.8 percent to 67.77 trillion won.

January 31, 2024

Samsung flags 35% slip in Q4 2023 profit, misses forecast

Fourth-quarter sales were also estimated to have declined 4.9 per cent to 67 trillion won, Samsung said in a regulatory filing.

January 9, 2024

Samsung vows to prioritise retaining its technological supremacy

For its mobile, home appliances and software division, a customer-first strategy was emphasised, with a focus on performance and quality.

January 2, 2024

Foreign net purchases of Samsung Electronics reach all-time high

It is the largest foreign net buying of Samsung Electronics shares since the bourse operator KRX started to compile such data in 1999.

January 1, 2024