Samsung

Samsung Electronics Co. Ltd. (OTC: SSNLF) has promoted its youngest president Roh Tae-moon to lead the smartphone unit, Bloomberg reported on Monday. What Happened Roh is taking over the job from co-CEO Koh Dong-Jin, who will continue in his role as the conglomerate's overall IT and...

Samsung Electronics Co Ltd (OTC: SSNLF) sold 6.7 million 5G smartphones worldwide in 2019, surpassing its self-imposed target of 4 million sales for the year, according to CNN. What Happened The South Korean smartphone maker announced on Thursday it shipped over 6.7 million Galaxy 5G...

Samsung Electronics Co Ltd is putting up the shutters on the CPU research divisions at its facilities in Austin, Texas, and San Jose, California, Reuters reported on Tuesday. What Happened  The division will shut down by Dec. 31, 2019, Renee Martin, HR Director at the Samsung...

Samsung Electronics Co., Ltd. reported its profits of the third quarter that ended on Sept. 30 to be $6.7 billion. The reported profit is nearly 56% lower than the profits it grossed in the third-quarter of 2018. The company posted $53.2 billion in consolidated revenue, 5% less than...

Samsung (KRX: 005930) has integrated the TRON (TRX) network in its Blockchain Keystore, the conglomerate's website shows. What Happened This integration will allow developers to build decentralized apps, also known as “DApps,” with the TRON blockchain platform for Samsung users. The...

A trial involving Samsung (KRX: 005930) heir Lee Jae-yong has started on Friday, Oct. 25, in Seoul. Lee has been charged with bribery and embezzlement. What Happened Lee is being tried at the Seoul High Court after the country’s highest court overturned a lower court decision and ordered...

Apple Inc. (NASDAQ: AAPL) shares traded higher on Wednesday despite the company missing consensus analyst expectations for iPhone revenue in its fiscal third quarter. The iPhone revenue miss comes after BankMyCell reported earlier this month that iPhone customer loyalty rates have dropped to their...

These four stocks in the high-momentum technology, biotech and mining areas are on the move: Advanced Micro Devices, Inc. (NASDAQ: AMD) leapt $1.99 to $29.57 on 107 million shares Tuesday. On Monday, the chipmaker announced a deal to license its custom graphics intellectual property (IP) to Samsung...

Advanced Micro Devices, Inc. (NASDAQ: AMD) rallied after announcing a strategic partnership in which Samsung will license AMD graphics IP. AMD will license custom graphics IP-based on the RDNA graphics architecture to Samsung for use in mobile devices, including smartphones and other products...

Chinese telecommunications giant Huawei s enduring significant controversy in the U.S. Recently, the Commerce Department blacklisted Huwaei, barring the company from buying chips from several major U.S. semiconductor companies. Additionally, Alphabet Inc. (NASDAQ: GOOG) suspended its relationship...

A visit to South Korea to meet with Samsung Electronics Co. Ltd (OTC: SSNLF), Hynix and equipment vendors reinforced a Bank of America Merrill Lynch analyst's positive outlook for Micron Technology, Inc. (NASDAQ: MU) and the memory market. The Analyst BofA's Simon Woo maintained a...

Haptic technology developer Immersion Corporation (NASDAQ: IMMR) is now led by a competent interim CEO who boasts the necessary experience to oversee new deals, according to Craig-Hallum Capital Group.  The Analyst Analyst Anthony Stoss upgraded Immersion from Hold to Buy with a price...

Smartphone maker Samsung Elect Ltd (OTC: SSNLF) is expected to release a smartphone with a foldable screen in the near term, but one factor makes the achievement less impressive, an analyst said: the steep price tag. The Analyst CLSA's senior analyst Sanjeev Rana discussed ...

A federal jury found Thursday that Samsung Electronic (OTC: SSNLF) must pay Apple Inc. (NASDAQ: AAPL) $539 million in damages for infringing on iPhone-related patents. What Happened The charge increases the amount Samsung had previously been ordered to pay by $140 million. Apple’s legal...

While Integrated Device Technology Inc (NASDAQ: IDTI) is exposed to multiple diverse product cycles in memory interface, the company's exposure to the volatile communications market could limit upside, according to Bank of America Merrill Lynch.  The Analyst BofA's Vivek Arya...