Samsung Profits

Samsung to plough $9 billion more into South Korea chip plant: Report

Samsung Electronics is set to spend at least another 10 trillion won ($9.2 billion) to boost capacity at a new South Korean chip plant, a 64 percent increase over announced investment plans, domestic online news service MoneyToday reported.

Samsung Q1 profit flags budding recovery ahead of Galaxy S6, S6 Edge launch

Samsung expects January-March profit to be its highest in three quarters, beating expectations and suggesting that the tech giant is on track for an earnings recovery ahead of the launch of new flagship smartphones.

Samsung Mobile Chief's pay more than doubled in 2014

Samsung paid co-chief executive J.K. Shin, who oversaw the company's ascent to the top of the smartphone market, $13 million in 2014, more than double what he received in the previous year.

Samsung will freeze employee salaries this year; first time since 2009

Samsung Electronics will freeze employee salaries this year for the first time since 2009, a spokeswoman for the South Korean company said on Thursday, without elaborating.

Three Samsung mobile executives may leave after profits decline

Three deputies to the head of Samsung mobile division are leaving, as the world's largest smartphone maker faces a rapid decline in profit.

Samsung to release bendable devices which users can fold in half in 2015

Samsung might be facing difficulties in keeping pace with rivals but the company hasn't given up their focus to bring about innovations in the industry.

Samsung may put more focus on chipmaking than smartphones, say analysts

Lenovo becomes No.1 smartphone seller in China, displaces Samsung

Samsung vows to revamp pricing after reporting lowest profit in two years

Robbers loot Samsung plant in Brazil, steal products worth $36 million

Thieves raided a Samsung electronics factory in Brazil during the night shift early Monday, subdued workers and guards, and made off with about $36 million worth of cellphones and computers.