Search results for Samsung
Finance
KOSPI faces rebound test as Samsung Electronics and SK Hynix shareholder returns in focus
South Korea\'s stock market will test the scope for a rebound this week as investors weigh the U.S. Federal Open Market Committee meeting and major earnings at home and abroad. With doubts persisting about the profitability of AI investment, semiconductor results and future investment plans are expected to shape sentiment. SK Hynix reports third-quarter earnings on Oct. 28 and Samsung Electronics releases final third-quarter figures on Oct. 29, with attention on HBM demand, capex and shareholder returns.
AI & Enterprise
Daytona raises funding at $1 billion valuation, says AI agents need cloud built for them
AI agent-focused cloud startup Daytona has reached unicorn status after securing a $1 billion valuation, TechCrunch reported on Oct. 23. The company raised $60 million in a Series B round led by FirstMark Growth, which also led a $24 million Series A in February. Total funding rose to $91 million. Founders and executives of tech firms joined as angel investors, alongside Qualcomm Ventures, Samsung Next and Octa Ventures.
People & Appointments
Lee Kun-hee memorial marks sixth anniversary, revisits legacy of top semiconductor position
A memorial service marking the sixth anniversary of the death of former Samsung Electronics chairman Lee Kun-hee was held on Oct. 23 at the family burial site in Suwon. Samsung Electronics outlined his role in building its semiconductor business and establishing a pattern of investment during downturns, as well as management reforms and talent programmes. It also cited Samsung’s leading market shares in DRAM and NAND in the second quarter of 2026. The company noted his lifetime collection of cultural assets donated in 2021 and related exhibitions.
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Industry
Micron drops next-generation 4F2 DRAM technology after 20 years of research
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Industry
FCC grants Intel exemption on foreign-made robots for U.S. chip plants
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Telecommunications & Media
Samsung foldable phone searches jump 460 percent after Apple unveils iPhone Duo
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AI & Enterprise
Jensen Huang says no memory glut in 2029, rebuts fears over memory stocks
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Telecommunications & Media
LGU+ wins Asian customer experience innovation award for Phone Replacement Pass
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Finance
36 trillion won wiped out in a month as domestic ETF net assets stumble
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Industry
U.S. big tech kicks off earnings season, giving clues to Korean memory chip outlook for next year
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Crypto
Dataline raises $10.6 million for AI agent data network, plans token launch this year
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People
Samsung Electronics chairman Lee Jae-yong inspects UAE Al Dhafra power plant site
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AI & Enterprise
BNK Financial pushes groupwide AI system adoption, picks Samsung SDS as preferred bidder
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Industry
Samsung, SK hynix push upgrades at China NAND plants as YMTC closes in
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Industry
Samsung Electro-Mechanics, Nvidia to expand dedicated AI substrate fabs with joint investment
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Finance
KOSPI surges more than 4 percent; buy sidecar triggered for first time in two months
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Finance
Woori Financial supplies 34.7 trillion won in productive, inclusive finance over a year, expands SME and regional share
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Industry
GM to close Michigan plant that made Cadillac batteries in summer 2027