Samsung Electronics on Tuesday nominated its chip business chief Jun Young-hyun and Chief Technology Officer Song Jai-hyuk to join its board, as the tech giant looks to boost competitiveness in its struggling semiconductor business.

Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it had acquired previously, the company said in a regulatory filing. Samsung also said in a separate regulatory filing it would acquire 2.

Kia Corporation has entered into a strategic partnership with Samsung Electronics Co., Ltd. to introduce next-generation 'Internet of Things' (IoT) solutions for its Platform Beyond Vehicles (PBVs) offerings.

Samsung Electronics' latest flagship AI smartphone, the Galaxy S25, has demonstrated strong momentum in pre-order sales. The S25 series' total sales are projected to exceed those of its predecessor by more than 20% in 2025.

Vietnam hosts major operations of South Korea's Samsung Electronics and Taiwan's contract manufacturer Foxconn. Apple, chipmaker Intel and footwear and apparel giant Nike are among U.S. corporations t

Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it had acquired previously, the company said in a regulatory filing.

Samsung Electronics (KS:005930) has nominated chip business chief Jun Young-hyun and Chief Technology Officer Song Jai-hyuk to its board, aiming to strengthen its semiconductor division. The South Korean tech giant

Samsung Electronics and its labour union in South Korea have reached an agreement for a 5.1% wage increase, the company and the union said in separate statements on Monday.

Samsung Electronics' management and union negotiators have agreed on a 5.1% wage increase for this year. Each Samsung employee will also receive 30 stocks and a two-million-point online shopping reward,

Samsung Electronics has reportedly signed a patent licensing agreement with Chinese NAND Flash manufacturer Yangtze Memory Technology Corp (YMTC) to license its Hybrid Bonding technology for use in YMTC's next-generation NAND products.

Samsung Electronics has reportedly started mass production of its Exynos 2500 application processor (AP), which is expected to be equipped in the upcoming Galaxy Z Flip FE foldable smartphone.

Samsung Electronics (OTC:SSNLF) and its labor union in South Korea agreed on a 5.1% wage hike. The deal includes 30 shares in the company and other perks, including vouchers to purchase company products.