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South Korean officials raid Samsung

The South Koran headquarters of Samsung Group have been raided by prosecuters along with the offices of country’s National Pension Service (NPS).

The South Koran headquarters of Samsung Group have been raided by prosecuters along with the offices of country’s National Pension Service (NPS).

Business

Samsung recalls millions of dangerous washing machines

After the problems with its Note 7 smartphones, Samsung is having to recall about 2.8 million top-loading washing machines in the US.

After the problems with its Note 7 smartphones, Samsung is having to recall about 2.8 million top-loading washing machines in the US.

Business

Samsung launches future discount offer for Galaxy Note 7 owners

Samsung steps up efforts to retain South Korean customers after the Galaxy Note 7 fiasco by offering discounts on the future 8 series handset.

Samsung steps up efforts to retain South Korean customers after the Galaxy Note 7 fiasco by offering discounts on the future 8 series handset.

News

Could your smartphone kill you?

On 11 October Samsung stopped all production of its Galaxy Note 7 smartphone after several handsets exploded or caught fire.

On 11 October Samsung stopped all production of its Galaxy Note 7 smartphone after several handsets exploded or caught fire.

Business

Hungary promises payroll tax cuts amid labour shortage

Hungary's government is promising to cut the level of tax on wages as it suffers a labour shortage following years of emigration to western Europe.

Hungary's government is promising to cut the level of tax on wages as it suffers a labour shortage following years of emigration to western Europe.

Business

Samsung's reputation burned by Galaxy Note 7 disaster

In Business Line we look at the hit to Samsung's bottom line and its reputation from the scrapping of the fire-prone Galaxy Note 7.

In Business Line we look at the hit to Samsung's bottom line and its reputation from the scrapping of the fire-prone Galaxy Note 7.

Business

Samsung to compensate suppliers over Note 7 disaster

Samsung is to help its component suppliers hit by the canceling of the Galaxy Note 7 with compensation for unused parts and unfinished components.

Samsung is to help its component suppliers hit by the canceling of the Galaxy Note 7 with compensation for unused parts and unfinished components.

News

Galaxy Note 7: Samsung offers replacement phones on flights out of Seoul

Following the decision by a number of airlines to ban the carriage of Samsung Galaxy Note 7s aboard their planes, the South Korean tech giant is now offering alternative phones to affected users flyin

Following the decision by a number of airlines to ban the carriage of Samsung Galaxy Note 7s aboard their planes, the South Korean tech giant is now offering alternative phones to affected users flyin

Business

Samsung gives latest cost estimates for Note 7 disaster

Samsung says will take a hit to its operating profit of about 2.7 billion euros in the next two quarters from scrapping the Note 7 smartphone.

Samsung says will take a hit to its operating profit of about 2.7 billion euros in the next two quarters from scrapping the Note 7 smartphone.

Business

Samsung launches Note 7 refund programme

Trying to keep customers after the Galaxy Note 7 disaster Samsung is offering larger cash incentives to those who stay with the brand.

Trying to keep customers after the Galaxy Note 7 disaster Samsung is offering larger cash incentives to those who stay with the brand.

Business

Samsung abandons production of Note 7

In a statement, the company says it has made a "final decision" to stop making its star product. It comes in the wake of reports of devices spontaneously catching fire.

In a statement, the company says it has made a "final decision" to stop making its star product. It comes in the wake of reports of devices spontaneously catching fire.

News

Samsung suspends production of Note 7 - reports

News comes after reports of fires in replacement devices. Sources have not specified if specific problems identified or when production was halted.

News comes after reports of fires in replacement devices. Sources have not specified if specific problems identified or when production was halted.

Business

Google takes on Apple and Samsung with its new smart phone

Google has launched a new line in smartphones along with other gadgets designed to take on electronic giants like Apple and Samsung.

Google has launched a new line in smartphones along with other gadgets designed to take on electronic giants like Apple and Samsung.

Business

Samsung raises money amid costly Note 7 recall

Samsung says it has sold all or part of stakes it held in four technology companies - ASLM, Rambus, Seagate and Japan's Sharp - to free up money to invest in its core businesses.

Samsung says it has sold all or part of stakes it held in four technology companies - ASLM, Rambus, Seagate and Japan's Sharp - to free up money to invest in its core businesses.

News

Battle of the phones: Samsung vs Apple

This week in Business Line we look at the triumphs and troubles of Samsung and Apple, with details of the iPhone 7 and the costly recall of the Note 7.

This week in Business Line we look at the triumphs and troubles of Samsung and Apple, with details of the iPhone 7 and the costly recall of the Note 7.

Business

Samsung shares rise despite massive Note 7 smartphone recall

Samsung Electronics' shares rose on Monday despite the anticipated losses from the recall of 2.5 million Note 7 smartphones in 10 countries after the batteries in some caught fire or exploded.

Samsung Electronics' shares rose on Monday despite the anticipated losses from the recall of 2.5 million Note 7 smartphones in 10 countries after the batteries in some caught fire or exploded.

Business

Samsung hit by exploding phone battery problem

Samsung has delayed shipping of its new flagship Galaxy Note 7 smartphone following reports of exploding batteries as it investigates the cause.

Samsung has delayed shipping of its new flagship Galaxy Note 7 smartphone following reports of exploding batteries as it investigates the cause.

Business

Smartwatch revolution?

As Apple Watch sales slide, can the eSIM that is fitted in Samsung's smartwatch offerings offer hope for the future of wearables?

As Apple Watch sales slide, can the eSIM that is fitted in Samsung's smartwatch offerings offer hope for the future of wearables?

Business

Samsung Q2 profit better than expected

Samsung has reported better than expected quarterly profit but warned earnings from phones will weaken in the rest of the year.

Samsung has reported better than expected quarterly profit but warned earnings from phones will weaken in the rest of the year.

Business

Samsung sues Huawei over patents

South Korea's Samsung is suing China's Huawei alleged infringement of patents, reversing legal action taken by Huawei in May.

South Korea's Samsung is suing China's Huawei alleged infringement of patents, reversing legal action taken by Huawei in May.