Jun Young-hyun has been appointed as the head of Samsung Electronics' struggling chip business, the Korean IT giant announced Tuesday.
Samsung Electronics added two Chinese suppliers to its top five clients, with Qualcomm and Best Buy falling off the list.
Samsung Electronics is in talks with Google to install its latest AI model on next year's Galaxy S25.
Samsung is set to launch an AI-powered Family Car service in June designed to support older adults through connected devices and appliances.
Samsung Electronics pledged to boost its annual investment in Vietnam by $1 billion. Vietnam plays a pivotal role in Samsung's operations in Southeast Asia.
Samsung Electronics launched its 114-inch microLED TV in Korea on Tuesday.
Korean startup Rebellions aims to take the lead in chips for AI inference through a turnkey partnership with Samsung Electronics.
Shares opened higher Friday, tracking overnight gains on Wall Street.
Stocks started lower Thursday following the U.S. Federal Reserve's rate-freeze decision.
Samsung Electronics reported a 931.9 percent surge in operating profit during the first quarter, buoyed by the chip business that finally turned to profit after five quarters.
Korea JoongAng Daily Sitemap