Samsung, profit plunge
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Samsung Plans to Unveil Its 1st Trifold Smartphone in 2025
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Samsung is looking into new wearable devices, potentially including earrings and necklaces, amid an industry-wide push to develop new types of AI-powered consumer electronics.
The Galaxy Z Fold 7 represents Samsung’s push to retain its leadership in the premium foldables market. The new device is notably slimmer and lighter than its predecessor, measuring just 8.9mm when folded and an ultra-thin 4.
In addition to its new flippable and foldable phones, Samsung showed off the Galaxy Watch8 and Galaxy Watch8 Classic.
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According to the smart estimates, Samsung was expected to post an operating profit of 6.26 trillion won ($4.57 billion) for the quarter.
Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business.
Samsung Electronics is placing a high-stakes bet on its 2nm chip manufacturing technology, as its foundry division works to reverse mounting losses and compete more effectively with global leader TSMC.
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Samsung Electronics to buy back 3.91 trillion won in shares after Q2 results fall shortSamsung Electronics will repurchase 3.91 trillion won ($2.85 billion) of its own shares after reporting second-quarter results that fell greatly short of market expectations.
Samsung Electronics Co. introduced three new foldable smartphones in an effort to cement its grip on the category and broaden mainstream appeal before Apple Inc. debuts its first version next year.The new devices,
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