Samsung’s third quarter results expected to touch new heights. Despite Samsung’s Galaxy Note 7 fiasco, analysts have found that this is likely to be Samsung’s best quarterly profits in nearly 3 years. An aggressive sales strategy for its memory chips… Read More ›
Samsung
Antitrust regulators in South Korea fine Qualcomm $854 million for violating antirust laws
Qualcomm’s business model under legal scrutiny from regulators across the globe. In a significant development, South Korea’s antitrust regulator have fined Qualcomm $854 million for unfair business practices related to its patent licensing and modem chip sales. This is the… Read More ›
TDK to acquire U.S. Chip manufacturer InvenSense for $1.33 billion
InvenSense produces gyroscopes for Samsung’s and Apple’s smartphones. The acquisition will expand TDK’s footprint in the sensor technology segment. Japan’s TDK Corp, an electronics part manufacturer, has disclosed that it is all set to acquire U.S chip manufacturer InvenSense Inc.,… Read More ›
Samsung Group to decide today whether it will split into two
The proposal had been put forward by Hedge fund activist Elliot Management. Seoul Economic Daily has reported today citing a source that Samsung Electronics will consider splitting into two, as suggested by U.S. activist hedge fund Elliott Management. A split… Read More ›
Samsung Electronics to be sole manufacturer of Qualcomm’s Snapdragon 830 chips
Although the value for this sole manufacturing deal has not been disclosed, Samsung was the sole manufacturer of Qualcomm’s 820 chips. Industry analysts had pegged the deal at more than $1 billion. The 830 chip will be featured in Samsung’s… Read More ›