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Samsung Electronics’ swelling artificial intelligence memory profits and cash pile are fueling expectations of its first special dividend in six years, shifting investor attention to how much the tech giant could return under its next shareholder-return program. Park Soon-cheol, Samsung Electronics’ chief financial officer, confirmed during the company’s second-quarter earnings call on July 30 that the board and management were discussing the next program. “We are discussing specific implementat
Samsung Electronics has teamed up with the US Department of Energy’s Oak Ridge National Laboratory to develop technology designed to provide stable heating and hot water even at temperatures below minus 30 degrees Celsius, the company said Sunday. The research will focus on advancing vapor-compression technology, the core mechanism behind heat pumps that absorbs heat from outside and transfers it indoors. Samsung and the US laboratory aim to maintain reliable heating performance in extreme cold
Samsung Electronics is placing high-bandwidth memory directly on top of AI processors, unveiling a 3D architecture that requires less power to deliver faster data transfers. The tech giant is showcasing concept models of the architecture, called zHBM, and a NAND flash solution dubbed zNAND-O at Future of Memory and Storage 2026, held from Tuesday to Thursday at the Santa Clara Convention Center in California. Samsung described the two concept models as industry firsts. Conventional HBM packages
"Many companies can make AI glasses. Making something people want to wear every day is a different problem." Choi Jae-in, head of Samsung Electronics' extended reality research and development team, was briefing reporters in London on July 23, a day after the company showed its first Intelligent Eyewear at Galaxy Unpacked. Most of what he emphasized was weight and comfort. Samsung's engineers argued over tenths of a gram. For example, the battery sits near one temple and the sensors and speakers
Samsung Electronics said its new Galaxy Z Fold8 Ultra, Fold8 and Flip8 drew 1.44 million preorders in South Korea over seven days, the highest figure ever recorded for a Galaxy smartphone. The tally, logged between July 28 and Monday, breaks the 1.38 million record held by the Galaxy Note10 since 2019, according to the company. It also tops the 1.35 million preorders for the Galaxy S26 series in March and last year's 1.04 million for the Fold7 and Flip7, a rise of nearly 39 percent. Samsung sai
Samsung Electronics and SK hynix are expected to benefit from rising GDDR7 DRAM prices, as Nvidia is reportedly considering raising graphics card prices by 20 to 30 percent amid growing pressure from component costs. Nvidia is weighing the increase to reflect higher prices for graphics processing units and GDDR7 memory, according to industry sources Monday. If implemented, it would mark the US chipmaker’s third graphics card price adjustment this year, following increases in January and May. The
Samsung Electro-Mechanics reported its highest quarterly revenue on record for the April-June period, with sales of multilayer ceramic capacitors for AI servers and high-end semiconductor package substrates driving both growth and profitability. Revenue reached 3.46 trillion won ($2.4 billion), up 24 percent from a year earlier, the company said Thursday. Operating profit more than doubled to 440.4 billion won, exceeding the 413.6 billion won consensus compiled by Yonhap Infomax by 6.5 percent.
Samsung SDI reported an operating profit for the second quarter, its first in seven quarters, and the figure far exceeded market expectations. Operating profit was 203.8 billion won ($141.6 million), the company said Thursday. Analysts polled by Yonhap Infomax had projected an operating loss of 14.8 billion won. A year earlier, Samsung SDI lost 397.8 billion won at the operating level. Revenue reached 3.77 trillion won, up 18.5 percent, and net profit came to 471.6 billion won. As the second-lar
Apple is set to join Samsung Electronics next year in challenging Meta’s early lead in the global AI smart glasses market, setting the stage for a three-way battle among big tech companies over the next generation of artificial intelligence-powered devices. According to industry sources on Thursday, Apple plans to unveil its first smart glasses at its annual Worldwide Developers Conference in June 2027, with a commercial launch expected later that year. The American tech giant had initially been
Samsung Electronics’ semiconductor business delivered its strongest-ever second-quarter performance, fueled by booming demand for artificial intelligence server memory that pushed revenue and operating profit to record highs, though the recovery remains uneven across the company’s broader businesses. While the memory business is benefiting from the AI boom, Samsung’s foundry operations continue to lag behind Taiwan Semiconductor Manufacturing Co. and its mobile business is facing pressure from r
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