samsung Archives - British Herald
October 26, 2021
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Samsung raises its chip investment raised to $151 billion

SEOUL (SOUTH KOREA) – Samsung Electronics Co Ltd has informed that it would make an investment of 171 trillion won ($151.10 billion) in non-memory chips through 2030. It raised its previous investment target of 133 trillion won, which was declared in 2019. Samsung competes with bigger rivals Taiwan’s TSMC in contract chip manufacturing and Qualcomm […]

Nokia ends patent fight with Lenovo

STOCKHOLM (SWEDEN) – Finland’s Nokia has come to an agreement with regard to a multi-year patent fight with China’s Lenovo Group. It has resolved all pending litigation across all jurisdictions, the companies said on Wednesday. While terms of the cross-license agreement remain confidential, Lenovo will make a net balancing payment to Nokia, the Finnish

Samsung witnesses a surge in Q-3 profit

SEOUL (KOREA) – Samsung Electronics Co Ltd’s September-quarter profit likely increased more than a third, triggered by sales of strong smartphone and a slew of order for memory chips from Huawei Technologies Co Ltd, analysts said. Samsung is likely to announce preliminary July-September operating profit and revenue on Thursday. Profit likely rose 35% to 10.5

Huawei surpasses Samsung to be top handset maker

SHENZHEN (CHINA) – China’s Huawei Technologies attained the title of biggest smartphone seller from Samsung Electronics in the second quarter. According to data from research firm Canalys, Huawei shipped 55.8 million devices in the April-June period, surpassing Samsung’s 53.7 million. The Chinese company has been put under pressure following US sanctions