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Industry
Samsung Electronics posts loss at smartphone and TV units as memory prices rise
Samsung Electronics\' DS division posted 89.2 trillion won in second-quarter sales, while its DX division logged an operating loss of 800 billion won as higher memory prices lifted costs for device businesses. Executives said DRAM and NAND average selling prices rose sharply from the previous quarter, hurting profitability at the MX unit. The company plans to adjust its sales mix and improve resource efficiency, but offered no plan to cut costs. Executives also cited uncertainty and weaker demand outlooks.
Industry
Samsung Electronics, SK Hynix DRAM operating margin nears 80 percent as memory boom holds firm
Samsung Electronics and SK Hynix are expected to post record quarterly results as their combined second-quarter operating profit nears 150 trillion won. Samsung reported preliminary operating profit of 89.4 trillion won, while SK Hynix is seen earning in the 60 trillion won range. Analysts estimate most of Samsung’s profit came from memory despite losses in non-memory units and large bonus provisions. Brokers expect memory supply tightness, HBM demand and AI-driven growth to support results.
Industry
Samsung Electronics strike nears as union exodus deepens and DS-DX rift widens
Resignations are surging from Samsung Electronics’ largest union as internal conflict intensifies ahead of a threatened strike. Discontent has grown among members in the DX division, who say the union is focused on DS semiconductor bonus demands. The union’s plan to pay allowances to strike staff has also drawn backlash after a recent hike in membership fees. Performance gaps between DS and DX have sharpened tensions, while political comments and public opinion add pressure.
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Industry
Samsung Electronics posts Q1 operating profit of 57.2 trillion won, up 756 percent
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Industry
VD Robotics launches HyperShellX wearable exoskeleton robots in South Korea
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Industry
Samsung Electronics\' memory business share keeps rising, makes up 82 percent of Q4 operating profit
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Industry
Chinese TV brands target premium market as Samsung fights to hold top spot
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Industry
Samsung Electronics Chairman Lee Jae-yong says not time to be complacent despite record results
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Industry
Samsung Electronics launches Fender Play TV guitar learning app for TVs
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AI & Enterprise
Witts hires former Samsung Electronics executive Lee Woo-seob as president