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Samsung's Q3 earnings triple to record

Business | Machinery manufacturing
2009-10-31

SAMSUNG Electronics Co yesterday said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products from flat screen televisions to mobile phones. ...

Suzhou picked for LCD plant

Business | Information industry
2009-10-17

SAMSUNG Electronics Co yesterday said it plans to invest 2.6 trillion won (US$2.2 billion) to build a liquid crystal display plant in China -- its first full-scale LCD factory outside South Korea. The facility...

Samsung takes bigger bite of TV market

Business | Home appliance
2009-9-11

SAMSUNG Electronics Co, South Korea's largest electronics manufacturer, has been expanding its share in China's display and TV market, according to market reports yesterday. According to global market researcher...

Samsung records jump in profit

Business | Home appliance
2009-7-25

SAMSUNG Electronics Co, the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. ...

Samsung aims to end confusion

Business | Information industry
2009-7-7

SAMSUNG Electronics Co announced quarterly earnings estimates for the first time yesterday, saying it hopes to reduce market confusion and speculation about its performance. The Suwon, South Korea-based corporation...

Samsung LED picks Tianjin base

Business | Information industry
2009-5-11

SAMSUNG LED, a light-emitting diodes company of the global electronics giant Samsung, has set up its first overseas manufacturing base in north China's port city of Tianjin. Tianjin Samsung LED Co Ltd was established...

Samsung sees 72% profit fall

Business | Home appliance
2009-4-25

SAMSUNG Electronics Co announced a 72 percent drop in net profit in the first quarter yesterday. Samsung, the world's leading manufacturer of computer memory chips, liquid crystal displays and flat screen televisions,...

Koreans edge Shenhua, Beijing

Sports | Soccer
2009-4-23

SUWON Samsung Bluewings moved closer to a place in the knockout stage of the Asian Champions League after rallying to beat Shanghai Shenhua 2-1 in Suwon, South Korea, yesterday. Bulgarian star Yanko Valkanov gave...

Winners and loser in cell phone market

Business | Information industry
2009-3-5

NOKIA and Samsung gained share in the Chinese cell phone market, the world's biggest, last year while Motorola's portion fell as it lacked compelling models such as touch-screen phones, research firm Gartner told...

Samsung reports its first quarterly loss

Business | Information industry
2009-1-24

SAMSUNG Electronics Co, the world's largest maker of memory chips, liquid-crystal displays and televisions, reported its first quarterly loss as the global recession deepened and drove down prices. The fourth-quarter...