Samsung Electronics (SSNLF) is cutting jobs across its U.S. consumer electronics business as it moves its American headquarters from New Jersey to Texas.The relocation affects 739 positions in Englewood Cliffs, though Samsung said most employees have been offered the chance to move. Reuters also re…
Korean stocks tumbled again on Monday, led by declines in chip giants Samsung and SK Hynix, setting the stage for another bout of the recent yo-yo trade, where weakness in Korean chip stocks spills over to U.S. semiconductor names and back again, ahead of a key week of U.S. tech earnings.South Kore…
According to Yonhap, South Korea needs to address the economic and social fallout from AI-driven growth as the government pushes to make the country a top artificial intelligence powerhouse. The article said the Lee Jae Myung administration is pursuing three major projects, including semiconductor…
Samsung Electronics' semiconductor division recently formed a BEOL (back-end-of-line) process organization within its etching technology team under the memory business unit.According to Odaily, the organization is scheduled to be fully established this month and will begin operations at the Pyeongt…
Samsung Electronics Co., Ltd. today unveiled new Flex Titanium technology for the next generation of Galaxy foldable devices. Built on seven generations of foldable innovation and engineering expertise, the redesigned display structure utilizes structural and material advancements to deliver a more…
SK Hynix and Samsung shares jumped in Seoul on Wednesday, tracking a rally in U.S. semiconductor stocks the previous day and reinforcing signs that a chip-sector rebound is taking hold after the U.S.-Iran escalation rattled markets earlier this week.SK Hynix stock rose over 13% by afternoon local t…
SK Hynix (HXSCL), a South Korean memory-chip company and a major beneficiary of the artificial intelligence boom, recovered from an early decline of as much as 9% to rise more than 2% in Seoul on Tuesday. The drop would have taken the stock's two-day loss beyond 20%, following a 9.3% overnight decl…
Samsung Electronics (SSNLF) is exploring a possible U.S. listing through American depositary receipts, a move that could broaden its investor base and improve access to U.S. capital markets, according to Bloomberg.The company has held early discussions with banks but has not decided whether to proc…
Leveraged exchange-traded funds tied to Samsung Electronics (SSNLF) and SK Hynix (HXSCL), two major South Korean chipmakers positioned at the center of the global AI supply chain, have suffered steep declines after attracting strong demand from retail investors seeking amplified returns. More than…
Samsung Electronics (SSNLF, Financials), the South Korean company best known for memory chips, smartphones and displays, is looking at a possible U.S. ADR listing.The talks are still preliminary. Samsung has spoken with banks, but the company has not decided whether to move ahead, according to Bloo…
After the blockbuster U.S. listing of SK Hynix, its South Korean rival Samsung Electronics is planning to follow suit, according to a report in Bloomberg on Tuesday.Samsung is in the early stages of exploring a potential offering of American depositary receipts (ADRs), the agency reported, citing p…
South Korea's stock market has climbed around 80% this year to a series of record highs, but the rally has created an unusual investment backdrop as valuations have fallen to their lowest level on record. Earnings forecasts for companies in the Kospi have risen even faster than share prices, pushin…
In 1908, the American automobile business looked like it was eating itself alive.More than 240 companies were building cars that year, and dealers could not tell one from the next. Money poured in, then vanished in a season. Buicks and Oldsmobiles piled up in showrooms nobody could afford to rent…
RNS Number : 8865L Samsung Electronics Co. Ld 10 July 2026 Report on Share Disposition Results1. Details of disposition (unit: KRW, share)- Share disposition period: July 8, 2026- Common shares∙ Disposition quantity: 1,083,434 shares∙ Disposition price per share: KRW 277,500 / Total disposition…
As the first full week of the second half of 2026 draws to a close, with earnings season just around the corner, a meaningful shift is taking shape in the tech market. Chip stocks that had surged sharply, including Intel, SanDisk, and Micron, have pulled back from last month's peaks, while long-und…
Asian equities found support from the one corner of the market investors are still reluctant to abandon: semiconductors.Chipmakers rebounded on Thursday after several days of heavy selling, helping lift benchmarks in Japan and South Korea.But the rally was not broad enough to erase the bigger macro…
Samsung Electronics (005930) volatile: shares plunged ~7% after profit surge, later fell ~5.4%, down over 20% from late‑June high; intraday swing: drop up to 4.4%, rebound 1.4%.Sam
High-flying chip stocks tumbled on Tuesday as investors took profits, tracking the selloff in Samsung Electronics shares despite the company’s blowout preliminary results.Samsung said its second-quarter operating profit is expected to rise 19-fold to 89.4 trillion won ($58.44 billion), and revenue…
Samsung Electronics (SSNLF) stumbled Tuesday even after projecting a 19-fold surge in Q2 operating profit, signaling that investors may already be looking past the AI memory boom.The company said operating profit for the April-to-June period likely reached 89.4 trillion won, or about $58.4 billion…
What Happened? A number of stocks fell in the morning session after Samsung Electronics' record quarterly profit triggered a textbook "sell-the-news" reaction, compounded by a Reuters report that China's DeepSeek is developing its own AI inference chip.Samsung's preliminary Q2 operating profit of 8…
