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Samsung Electronics’ profit up by 53.3% in Q4

SEOUL: Samsung Electronics’ profit was up by 53.3 percent in the fourth quarter of 2021 driven by record annual sales, the company said Friday. The world’s biggest smartphone maker said its operating profit rose to 13.87 trillion won ($11.55 billion)

Samsung leader pleads guilty to unlawful sedative use

SEOUL: Samsung conglomerate chief Jay Y. Lee pleaded guilty in court on Tuesday to a charge of unlawful use of a controlled substance, as legal woes mount even after his release on parole in August following a bribery conviction. Prosecutors

Samsung’s leader apologises after being released from jail

SEOUL: Samsung Electronics Vice Chairman Jay Y. Lee, convicted of bribery and embezzlement, was released on parole on Friday, and is expected to be back at work soon. There has been strong support for his parole amongst the business community

Samsung leader to leave prison after being granted parole

SEOUL: Samsung Electronics vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole and is expected to leave prison this Friday. “The decision to grant Samsung Electronics vice chairman Jay Y.

Samsung to produce phones in Pakistan by December

Lucky Cement’s subsidiary company has planned to produce mobile phones in Pakistan for Samsung by December 2021. According to a notification submitted to the Pakistan Stock Exchange (PSX), Lucky Motor Corporation Limited (LMC) – a subsidiary of Lucky Cement Limited,

Samsung launches Galaxy A22 in Pakistan

LAHORE: Samsung Electronics has officially launched its Samsung Galaxy A22 in Pakistan, the latest edition of the Samsung A series. It features a 48MP Optical Image Stabilization (OIS) Main Camera with a Quad Camera setup, 90Hz Super AMOLED display, 5000

Samsung overtakes Apple in smartphone shipments

NEW YORK: Samsung Electronics reclaimed its crown as the world’s biggest smartphone maker from Apple in the first quarter, cornering a fifth of overall global shipments. China’s Xiaomi Corp rounded out the top three positions with its best quarterly performance

Samsung’s new phone likely to have invisible selfie camera

SEOUL: Samsung, the South Korean smartphone manufacturer has planned to adopt a punch-hole selfie camera or the pop-up mechanism. Samsung might have found another new method of hiding the selfie camera in the display. The giant describes a device that

Samsung plans to reveal ‘future of the display’ in January

SEOUL: Samsung has planned to show the “future of the display” through the latest Samsung technologies and visions in 2021. The company announced that an event regarding it will be premier on 6th January. According to the reports, Samsung is

Samsung plans to set up assembly plant in Pakistan

ISLAMABAD: Samsung, the South Korean smartphone manufacturer is planning to set up its assembly plant in Pakistan. Federal Minister for Economic Affairs Hammad Azhar announced the news through a tweet that the production of a smartphone is multiplying in Pakistan

Samsung launches new foldable phone

SEOUL: Samsung unveiled its latest Galaxy Note smartphone and a new version of its foldable phone, the Z Fold 2, as the smartphone market begins to recover from its coronavirus slump. Samsung launched its previous premium model, the S20, in

Samsung warns COVID-19 may hurt its smartphone’s sales

SEOUL: The Samsung giant has warned that the sales of its smartphones will be critical in May due to the coronavirus pandemic. Samsung officials have stated that they eked out a profit rise before the worst of the coronavirus pandemic

Samsung forecasts profit rise on coronavirus demand

SEOUL: Samsung Electronics expects higher first-quarter profits this year as millions of people are working from home in coronavirus lockdowns pushing up demand for its chips. Samsung, the world’s biggest smartphone and memory chip maker, had operations suspended at eleven

Samsung to discontinue all LCD production by end 2020

SEOUL: South Korean panel maker Samsung Display has decided to end all of its production of liquid crystal display (LCD) panels in South Korea and China by the end of this year. A company spokeswoman informed an international news agency

Coronavirus: Samsung to shift smartphone production to Vietnam

SEOUL: Samsung Electronics will temporarily move some smartphone production to Vietnam from South Korea after another of its Korean staff tested positive for the coronavirus, forcing it to close a factory. A company spokeswoman on Friday said the group had

Samsung introduces new Galaxy Z Flip foldable smart phone

CALIFORNIA: Samsung the world’s top smartphone maker company, provided a preview of new square-shaped foldable models in a surprise TV commercial during Sunday’s Oscar awards. The commercial, transmitted in the U.S. only, arrives two days before its Galaxy Z Flip

Sony unveils Vision S to join the race of electric vehicles

LAS VEGAS: Sony stunned the CES 2020 audience with its electric car concept. The prototype named Vision-S showed the firm’s sensors and in-car entertainment technology. The ongoing CES 2020 in Las Vegas has introduced some amazing consumer electronic products. Fortune

Samsung sold 6.7 million 5G smartphones globally in 2019

SEOUL:  South Korea’s Samsung company said that it sold 6.7 million 5 G smartphones in 2019 between the Galaxy S10 5 G and the Galaxy Note 10 Plus 5 G, delivering smartphones that support the next-generation mobile network better than

Bribery retrial opens for Samsung scion

SEOUL: The heir to the Samsung empire appeared in court on Friday for a retrial over a sprawling corruption scandal that threatens to disrupt management at the world’s biggest smartphone and memory chip maker. Lee Jae-yong is vice-chairman of Samsung

Samsung admits Galaxy S10 fingerprint access flaw

SEOUL: Tech giant Samsung Electronics on Friday acknowledged a major flaw with its fingerprint system that allows other people to open its top-end smartphones, advising users to delete all registered prints. Samsung is the flagship subsidiary of the giant Samsung

Samsung’s foldable smartphone to be launched tomorrow

SEOUL: Tech giant Samsung has said that it would launch its hotly anticipated first foldable smartphone on Friday, months after faulty screens forced an embarrassing delay of its release. The world’s largest smartphone maker spent nearly eight years developing the