The High Court of Seoul today cleared Samsung Electronics Chairman Lee Jae-yong of stock manipulation charges. He was facing a five-year prison sentence, but now, he’s off the hook. Lee Jae-yong is known for his knack for mergers and bringing more companies into the...
After sharing estimated figures earlier this month, Samsung today published its detailed earnings report for the fourth quarter and full fiscal year 2024. The company posted KRW 75.8 trillion (approx. $52 billion) in consolidated revenue and KRW 6.5 trillion (approx....
The US is tightening the screws on China, especially when it comes to tech, and things could get even harder when Trump returns to the White House. We’re in the middle of the whole TikTok mess, which could end with a ban. And if that happens, expect even more heat on...
In a new partnership, Samsung and OpenAI are coming together to develop AI-powered TVs, according to reports from South Korea. Reports suggest Samsung is doubling down in the competitive TV market, where budget-friendly Chinese brands are gaining ground. The tech...
The global market is finally bouncing back after two consecutive years of decline, as noted by Counterpoint Research. According to the firm, 2024 saw smartphone makers achieve a 4% year-on-year growth. There’s also some good news for Samsung fans. Counterpoint...
