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Tag Archives: Samsung Electronics

Samsung Owner, Lee Kun-hee, Dies At 78

Samsung Owner, Lee Kun-hee, Dies At 78

Samsung Electronics has announced the death of its chairman, Lee Kun-hee. The company says he died on October 25th with family including his son, vice-chairman Lee Jae-yong, at his side. He was 78. A cause of death was not given, but Lee had been incapacitated for many years after suffering …

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Samsung Flags 23% Profit Increase in Q2

Samsung Electronics Co Ltd. flagged a 23 per cent rise in second-quarter operating profit on Tuesday, beating analysts’ estimates on solid chip sales to data centres catering for a work-from-home economy during the novel coronavirus pandemic. The sales offset weak demand for smartphones and televisions, while one-off gains from its …

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Coronavirus: Samsung Electronics Expects Profit Rise

Samsung

Samsung Electronics xpects higher first-quarter profits, it said Tuesday, as millions of people working from home in coronavirus lockdowns turn to cloud data services, pushing up demand for its chips.   The pandemic is wreaking havoc across the global economy — Samsung itself had operations suspended at 11 overseas assembly …

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