Samsung may become the first smartphone maker to complete five successful years under India’s Production-Linked Incentive (PLI) scheme. It’s a government program that offers cash rewards to phone makers for building high-value devices within the country. Launched in...
The president of the United States, Donald Trump, has imposed heavy tariffs on several countries, including Vietnam. As a result, it will cost Samsung a lot more to import phones to the US from Vietnam. Since the high tariffs will reduce profit margins, Samsung is...
Samsung has been ordered to pay $601 million in back taxes and penalties by the Indian government. The South Korean tech giant attracted this massive fine for allegedly misclassifying telecom equipment imports between 2018 and 2021 to evade customs tariffs. This is...
