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Samsung upbeat on PH smartphone market

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Despite the introduction of new products by rival firms, South Korean tech giant Samsung Electronics Co. expects to maintain its dominance in the Philippine mobile device market, citing its innovative offerings and presence in all product segments.   Samsung Philippines officials on Thursday said smartphones continued to drive growth in the sales of mobile devices [...]

Posted: April 4th, 2013 in Headlines | Read More »

Samsung consortium wins $3 billion Saudi deal

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An international consortium led by Samsung Engineering has secured a $3.0 billion deal to build a power and desalination plant in Saudi Arabia, the company said Monday.

Posted: December 10th, 2012 in Latest Business Stories | Read More »

Samsung posts record Q3 net profit of $5.97B

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South Korea’s Samsung Electronics Friday posted a record net profit of 6.6 trillion won ($5.97 billion) for the third quarter, powered by strong smartphone sales and improved demand for display panels.

Posted: October 26th, 2012 in Latest Business Stories | Read More »

Samsung puts quarterly profit at record high again

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A woman walks by a billboard of Samsung Electronics's smartphones at a showroom of its headquarters in Seoul, South Korea, Friday, Oct. 5, 2012. Samsung Electronics Co. tipped all-time high quarterly operating profit, likely driven by strong sales of high-end smartphones that offset weak semiconductor orders. (AP Photo/Lee Jin-man)

Samsung Electronics Co. tipped all-time high quarterly operating profit, likely driven by strong sales of high-end smartphones that offset weak semiconductor orders.

Posted: October 5th, 2012 in Latest Business Stories,Photos & Videos | Read More »

How patents slow down the pace of technological innovation

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The recent guilty verdict against the Korean electronics giant Samsung for infringement of patents held by archrival Apple has re-ignited a longstanding debate on the role of patents in promoting technological innovation.

Posted: October 1st, 2012 in Columnists,Inquirer Columns | Read More »

Samsung starts to build $7B chip plant in China

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South Korea’s Samsung Electronics said Wednesday it had started building a new $7 billion chip plant in the Chinese city of Xian – its biggest-ever investment in the country.

Posted: September 12th, 2012 in Latest Business Stories | Read More »

Samsung shares plunge after Apple patent ruling

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South Korea’s Samsung sought Monday to rally employees after a $1.05 billion US court judgment in favour of arch-rival Apple pushed its shares sharply lower amid fears about the fallout in the key American market.

Posted: August 27th, 2012 in Latest Business Stories | Read More »

Samsung eyes bigger chunk of Philippine market

South Korean tech giant Samsung hopes to account for more than half of all mobile devices sold in the Philippines by the end of the year as it continues to improve its entire product line.

Posted: August 2nd, 2012 in Headlines | Read More »

Samsung Electronics’ 2Q profit jumps 48 percent

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Samsung Electronics said its second quarter profit rose 48 percent over a year earlier as customers flocked to get Galaxy smartphones in the absence of competitors.

Posted: July 27th, 2012 in Latest Business Stories | Read More »

Samsung chairman tops S. Korea’s rich list

FILE - In this July 6, 2011 file photo, Samsung Chairman Lee Kun-hee, right, greets people from the South Korean delegation in Durban, South Africa, for the 123rd International Olympic Committee (IOC) session that will decide the host city for the 2018 Olympics Winter Games. Currently embroiled in an inheritance dispute with his siblings, Lee remains South Korea's richest man, according to a Forbes magazine ranking published Thursday, April 26, 2012.  AP PHOTO/SCHALK VAN ZUYDAM

Samsung Electronics chairman Lee Kun-Hee, currently embroiled in an inheritance dispute with his siblings, remains South Korea’s richest man, according to a Forbes magazine ranking published Thursday.

Posted: April 26th, 2012 in Featured Gallery,Latest Business Stories | Read More »

Sony, Samsung dissolve panel joint venture

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Japan’s Sony and South Korean rival Samsung are dissolving their joint venture in liquid crystal display panels as Sony tries to stanch years of losses in its TV business.

Posted: December 26th, 2011 in Latest Business Stories | Read More »

US court rejects Apple request on Samsung sales

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Samsung on Saturday welcomed a ruling by a US court rejecting Apple Inc’s request for a preliminary injunction against sales of some of its Galaxy smartphones and tablet computers.

Posted: December 3rd, 2011 in Featured Gallery,Latest Business Stories | Read More »

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