The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.

Samsung, a long-standing heavyweight in the global chip industry, has taken a rare hit in its core business. For the first time in decades, the company has been overtaken in the memory chip market — a ...

Contrary to Samsung's optimistic outlook, second-quarter net profit declined 48% from a year earlier to 5.116 trillion won, equivalent to $3.67 billion. That missed the 5.740 trillion won consensus ...

Tensions are rising at South Korean chipmaker SK Hynix after wage negotiations between the company and its labor union ...

Samsung Electronics said a trade deal between South Korea and Washington will help to alleviate business uncertainty, as the ...

Samsung Electronics said a trade deal that will see Washington charge 15% tariffs on imports from South Korea reduces ...

Samsung’s semiconductor division posted a much lower-than-expected profit of $288 million due to foundry losses and US export ...

Revenue rose 0.7% from a year earlier, to 74.566 trillion won. Operating profit dropped 55%, to 4.676 trillion won, as the company booked one-off inventory-value losses on unsold advanced chips due to ...

Samsung Electronics Co.’s chip unit plunged a far bigger-than-expected 94% in the June quarter, reflecting the depth of a ...

SK Hynix has solidified its position as the global market leader after achieving record performance in the High Bandwidth ...

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...