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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.

News

Samsung halts sales of Galaxy Note 7 phone over exploding batteries

Tech giant Samsung has suspended the sale of its latest Galaxy Note 7 model amid reports some of the phones batteries are exploding or catching fire.

Tech giant Samsung has suspended the sale of its latest Galaxy Note 7 model amid reports some of the phones batteries are exploding or catching fire.

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.

Business

Smartphones set to take Samsung to profit rebound

Samsung is set for its best quarterly profit in more than two years thanks to robust sales of its flagship Galaxy S7 smartphones.

Samsung is set for its best quarterly profit in more than two years thanks to robust sales of its flagship Galaxy S7 smartphones.

Business

Samsung Pay launches in China

Samsung has launched its mobile payment service in China, following a similar move by Apple last month, but both face an uphill battle against dominant local electronic wallet services like Alipay.

Samsung has launched its mobile payment service in China, following a similar move by Apple last month, but both face an uphill battle against dominant local electronic wallet services like Alipay.

Business

Tech giant Samsung profits forecast misses expectations

Indications the tech industry could be in for a tough year. That’s one interpretation behind Samsung’s fourth quarter profits forecast. The company

Indications the tech industry could be in for a tough year. That’s one interpretation behind Samsung’s fourth quarter profits forecast. The company

Science_technology

Cracked screens: the smartphone makers' challenge

More than 1 billion smartphones are sold in the world each year and manufacturers all face the same challenge: how to make the touchscreen glass more

More than 1 billion smartphones are sold in the world each year and manufacturers all face the same challenge: how to make the touchscreen glass more

News

Samsung insists TV device is 'not a test cheat'

Samsung has strongly denied a report in a British newspaper citing research suggesting that some of its TVs in Europe appear to use less energy in

Samsung has strongly denied a report in a British newspaper citing research suggesting that some of its TVs in Europe appear to use less energy in

Science_technology

Tech giants battle for supremacy at Berlin's IFA show

Phone manufacturers and smartwatch makers will be jostling for position at Berlin's IFA, one of the world's largest consumer electronics shows.

Phone manufacturers and smartwatch makers will be jostling for position at Berlin's IFA, one of the world's largest consumer electronics shows.

Business

Samsung squeezed by iphones and cheaper Chinese handsets

Korean electronics giant Samsung’s net profit fell by eight percent in the second quarter – the fifth successive quarterly drop for the company

Korean electronics giant Samsung’s net profit fell by eight percent in the second quarter – the fifth successive quarterly drop for the company

News

The winds of change in Spain, Poland and Samsung

This week’s regional elections in Spain have tested the voters’ mood. The results were a verdict on the country’s prime minister and this verdict

This week’s regional elections in Spain have tested the voters’ mood. The results were a verdict on the country’s prime minister and this verdict

Business

Sony seeks to stay in smartphone race with new Xperia Z4

Sony has unveiled a new version of its flagship Xperia handset to show its still in the smartphone race; even as it scales down its mobile phone

Sony has unveiled a new version of its flagship Xperia handset to show its still in the smartphone race; even as it scales down its mobile phone

Business

Samsung forecast upbeat despite falling revenues

A 30% fall in operating profit in the first three months of 2015 might sound terrible, but Samsung are smiling about the better-than-expected

A 30% fall in operating profit in the first three months of 2015 might sound terrible, but Samsung are smiling about the better-than-expected

Business

Samsung pins its hopes on new Galaxy S6

Samsung has unveiled its latest weapon in the intensive battle of the smartphones. The South Korean company is pinning its hopes on the light and

Samsung has unveiled its latest weapon in the intensive battle of the smartphones. The South Korean company is pinning its hopes on the light and

Business

Samsung looks to annual profit decline

Samsung has confirmed expectations for its first annual decline in profit since 2011. The South Korean technology giant has been losing market

Samsung has confirmed expectations for its first annual decline in profit since 2011. The South Korean technology giant has been losing market