samsung

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Electronics Co Ltd announced its slowest quarterly profit growth in over a year on Tuesday as its Galaxy S9 device missed its sales targets.However, the company explained in the announcement that it plans to come out with innovative technolo..

Samsung Shares Fall

Samsung Shares Fall

On Monday, Samsung announced shares dropping more than 4% which marked a one-month low after Morgan Stanley cut their recommendation on the tech giant due to concerns over increasing sales in memory chips that is likely to rise soon. The company rep..

Samsung Looking into Autonomous Driving

Samsung Looking into Autonomous Driving

Samsung Electronics Co Ltd has announced plans to diving into autonomous driving after their recent $8 billion acquisition of Harman. Well known for their audio speakers, Harman’s 65% of sales derives from their automotive business, on bo..

The World's Biggest Chip Maker is Now Samsung

The World's Biggest Chip Maker is Now Samsung

Not very long ago, this coveted position was occupied by Intel Corporation (NASDAQ: INTC), but the company has now lost its place to Samsung, which is now the world's biggest chip maker. The ascension of Samsung assumes great significance becaus..

Paypal Announced partnership with Samsung Pay and Visa

Paypal Announced partnership with Samsung Pay and Visa

PayPal Holdings, Inc. (NASDAQ: PYPL), one of the world’s largest Internet payment companies, has announced a big move to expand its digital payment system as they will be partnering with Samsung Electronics. Samsung users will now be able to u..

Sprint Launches New Leasing Program

Sprint Launches New Leasing Program

Sprint Corp. (NYSE: S) on Friday announced a new leasing option for customers who want to upgrade their smartphone every year.The new program is called Sprint Flex, which provides customers the opportunity to lease all phones provided by Sprint and ..