Tag: $Samsung

Apple and Samsung to invest in SoftBank’s Arm at IPO -Nikkei

Apple (AAPL.O) and Samsung Electronics (005930.KS) will invest in SoftBank Group (9984.T)-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan’s Nikkei newspaper reported on Tuesday.

Samsung estimates profits plunged 96% in the second quarter

Samsung Electronics said it expects a 96% profit plunge in the second quarter of 2023 as weak demand for memory chips persists.

Samsung to begin making world’s most advanced mobile chips in 2025 as battle with TSMC heats up

Samsung Electronics on Wednesday laid out its roadmap to expand its chip manufacturing business, including leading-edge semiconductors, as it looks to catch up with leader TSMC.

Samsung is exploring an ‘offline’ digital currency that works with Galaxy phones

Consumer tech giant Samsung is looking into launching a central bank digital currency in a collaboration with the Bank of Korea.