#samsung-electronics

#samsung-electronics

Samsung Electronics union in South Korea to escalate strike action next week over higher wages. [ more ]

Samsung Electronics union demands fair wages with 28,000 members swelling in two years. [ more ]

Samsung's operating profit surged over 930% in Q1 2024 due to high demand for servers, memory chips, and storage. [ more ]

Samsung reported a significant increase in operating profit, driven by AI technologies boosting memory chip markets. [ more ]

Samsung Electronics' Device Solutions unit reported a 68% year-on-year increase in sales for Q1 2024, attributing it to strong memory sales due to AI and server boom. [ more ]

Samsung Electronics reports lower revenue and operating profit in Q4 2019, but expects an uptick in demand for memory sales driven by generative AI.

Samsung concentrated on higher margin components including HBM, DDR5, LPDDR5X, UFS 4.0 to turn a profit in the DRAM product line during the quarter. [ more ]

Meta focuses on AI chips collaboration with Samsung Electronics to offset Taiwan geopolitical risks

AI processors are a major priority for Meta to enhance its social media and hardware devices businesses [ more ]

Samsung Electronics workers strike for the first time in history due to pay and time off issues amidst increased competition in AI chip market. [ more ]