News

After decade in court, Samsung, South Korea face new test
When South Korea's Supreme Court acquitted Samsung Electronics Executive Chairman Jay Y. Lee on July 17, it closed a legal ...
Samsung profit drops 55% as chip delays, trade tensions weigh on business
Samsung Electronics just scored a $16.5 billion deal with Tesla tied to its Austin-area chip fab. Samsung is relying on the ...
Samsung profit tumbles as it struggles to catch up in the AI chip race
Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...
South Korea's top court clears Samsung Chairman Lee in 2015 merger fraud case
South Korea's top court cleared Samsung Electronics Chairman Jay Y. Lee of accounting fraud and stock manipulation on Thursday, permanently removing a long-running legal risk for the head of the ...
Samsung boss cleared of fraud by South Korea's top court
Samsung boss Lee Jae-yong has been cleared by South Korea's top court of fraud charges, concluding a years-long legal battle over his role in a 2015 merger deal. Lee, the grandson of Samsung's founder ...
South Korean AI Chip Startup FuriosaAI Raises $125 Million
Investors in the new round include Korea Development Bank, Industrial Bank of Korea, Kakao Investment, Keistone Partners and ...
Samsung says tariff agreement reduces uncertainty, expects Tesla deal to boost orders
Samsung Electronics said a trade deal that will see Washington charge 15% tariffs on imports from South Korea reduces ...