Samsung Electronics Co’s chip unit saw profit plunge a far bigger-than-expected 94 percent in the June quarter, reflecting the depth of a slump that’s plaguing the world’s largest memory chipmaker.

Tesla has stopped taking Model S and Model X orders in Europe amid poor sales as Tesla signs multi-billion dollar deals.

Samsung's major AI chip contract with Tesla has sparked heated discussions, with Elon Musk pledging to personally step in to ...

It is a setback for Samsung Electronics, which positioned Groq as key foundry partner. Groq is manufacturing its LPU using ...

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...

SEOUL, July 31 (Yonhap) -- Samsung Electronics Co. said Thursday that its net income plunged nearly 50 percent in the second ...

A Financial Times analysis of dozens of sales contracts and company filings and interviews with multiple people with direct knowledge of the deals reveal that Nvidia’s B200 has become the most ...

The world’s largest maker of memory chips and smartphones posted lower quarterly net profit, but expects earnings to regain momentum in the second half of this year.

Contrary to Samsung's optimistic outlook, second-quarter net profit declined 48% from a year earlier to 5.116 trillion won, equivalent to $3.67 billion. That missed the 5.740 trillion won consensus ...

South Korean tech giant Samsung Electronics' operating profit dropped by 55 percent year-on-year in the second quarter, its ...

Samsung Electronics said a trade deal between South Korea and Washington will help to alleviate business uncertainty, as the ...

Samsung forecast a gradual second-half recovery for its semiconductor business after Q2 operating profit at the division ...