SSNGY SAMSUNG EL 144Watchlist
About SAMSUNG EL 144 Company
Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates through following business divisions: Consumer Electronics, Information Technology & Mobile Communications and Device Solutions. The Consumer Electronics business division provides cable television, monitor, printer, air-conditioners, refrigerators, washing machines and medical devices. The Information Technology & Mobile Communications business division offers handheld products, communication systems, computers and digital cameras. The Device Solutions business division comprises of memory, system large scale integrated circuit and light emitting diode. The company was founded on January 13, 1969 and is headquartered in Suwon, South Korea.
South Korea's prosecution demands that Samsung Chairman Lee Jae-rong be sentenced to 5 years in prison
South Korean prosecutors on Friday demanded a five-year prison sentence for Samsung Electronics Chairman Lee Jae-rong on charges of accounting fraud and stock price manipulation in the $8 billion merger of Samsung subsidiaries in 2015. Lee Jae-rong denied any wrongdoing. This hearing is the last hearing before the court ruling. It is expected that the ruling will be handed down within a few months, thus ending a trial that has lasted for three years. This is the last case against Lee Jae-rong. Lee Jae-rong was pardoned in another previous case and strengthened his leadership position as Samsung's executive chairman last year.
Samsung Electronics further reduced its shares in Asma
According to reports submitted by Samsung Electronics to regulators, in the third quarter of this year, the company further reduced its holdings in Dutch chip equipment giant Asma and sold about 1.17 million shares. By the end of September, its Asma shares had dropped from 6.29 million shares at the end of June to about 1.58 million shares. Samsung Electronics began collaborating with Asma in 2000 to improve the competitiveness of semiconductor manufacturing. Asma is one of Samsung Electronics' largest chip manufacturing partners and the only manufacturer of extreme ultraviolet (EUV) lithography systems. In 2012, Samsung Electronics invested about 400 billion won in Asma.
Samsung's big defeat: huge loss of 71.4 billion yuan in nine months. Employees reveal that another main business capacity is withdrawing from China
Text丨Sina Technology Zhou Wenmeng At the just-concluded Expo, Samsung, which participated in the exhibition for the sixth time, once again attracted the attention of countless viewers with cutting-edge technology products such as folding screen phones, MICRO LEDs, and 3nm chips. However, while vigorously promoting its own products and business layout, the performance of Samsung's various businesses over the past year has not been optimistic. According to the latest financial report released by Samsung Electronics, in the third quarter, Samsung Electronics' operating profit fell by 77.57% year on year, a decline far greater than before. Meanwhile, in the first half of this year, due to the downturn in the semiconductor industry, Samsung Electronics' net profit for the first two quarters was compared to the same period
The complaint, filed by Daedalus Prime LLC of Bronxville, New York,...
Investors on Guard as Stocks Rally Sputters Ahead of Data Deluge
"It's a very bewildering time right now for investors, even more so than this whole year," said Thomas Martin, senior portfolio manager at Globalt Investments. "Sentiment is the worst it's ever been, so we were ripe for a pop. But we still have a very tight labor market and strong wage growth that's complicating investors' hopes for a Fed pivot. It'...
Major contract chipmaker TSMC is set to surpass Samsung and be the top semiconductor company worldwide by quarterly revenue, as IC Insights estimated on Wednesday. TSMC just beat Intel in second-quarter revenue this year to become the second-largest semiconductor firm.
Its revenue will hit $20.2 billion in the third quarter of 2022 with 11% quarterly growt...