Samsung Electronics said Tuesday its chip factory under construction in southern Seoul is expected to start production in the first half of 2017 as scheduled. The new line is expected to focus on the production of 3-D Vertical NAND (V-NAND) flash memory.
Samsung Electronics will invest about KRW10 trillion (US$8.7 billion) in Hwaseong Campus in Gyeonggi Province, South Korea to build a new line to produce memory DRAMs.
Despite the calamities surrounding Samsung's heir apparent Lee Jae-Yong right now, the shareholders of Harman International have voted to approve the company's merger with Samsung Electronics.
Apple is in discussions with China's BOE Technology to supply next-generation displays for future iPhones, a key component that's being provided by a Samsung Electronics unit, people familiar with the matter said.
Samsung Electronics and SK hynix are expected to engage in the automotive semiconductor industry in earnest as the global market is expected to grow 7.1% annually by 2020.
The Korea Times
Samsung Electronics may build a US plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new US President Donald Trump.
Samsung Electronics is discussing a supply deal with Japan's Murata Manufacturing for batteries for its next-generation smartphone.
Nikkei Electronics Asia
According to electronics and display industry sources, LG Display recently agreed with Samsung Electronics to supply its two to three models of 40- to 60-inch LCD TV panels. The two companies are discussing the contract details, such as model, price and supply time, and are about to enter into a final agreement.
LG Display has scored a deal to supply television displays to rival Samsung Electronics from as soon as 2017, people with direct knowledge of the matter said.
The higher battery density of the Galaxy Note 7 compared to its predecessor was not the root cause of the phones catching fire, according to Samsung Electronics' mobile boss DJ Koh.
The results of the investigation will likely be announced on Jan. 23, a day before it announces detailed fourth-quarter earnings results, said the person, who was not authorized to speak publicly on the matter and declined to be identified.
Apple is planning to open its first retail store in South Korea, moving onto the home turf of smartphone rival Samsung Electronics.
Wall Street Journal
Samsung Electronics has reported a 50% profit surge in its guidance for the fourth quarter despite the fiasco with its flagship Note 7 phone. The earnings estimate is higher than analysts predicted and would mark its highest quarterly profit since 2013.
The Galaxy Note 8 should be released in the second half of 2017, following the Galaxy S8 series that's set to be released in April.
South Korea's LG Display said it was in talks with Samsung Electronics about a supply agreement for television display panels.
Samsung Electronics is likely to forecast its best quarterly profit in nearly three years on Friday, analysts said, with robust memory chip sales easing the pain of the costly failure of a flagship smartphone.
Samsung Electronics plans to mass produce 64-layer NAND flash memory for the first time in the world early in 2017, while SK hynix plans to mass produce 72-layer NAND flash in the second half of 2017 jumping over 64-layer NAND flash.
Samsung Electronics is expected to rack up a handsome profit of almost KRW9 trillion over the fourth quarter, demonstrating a major turnaround from the disappointing third quarter performance due to the Galaxy Note 7 debacle.
The Korea Times
SK Hynix, one of South Korea's leading manufacturers of memory semiconductors, plans to leapfrog rival Samsung Electronics to mass produce the most-advanced generation of NAND flash - chips that feature 72 layers of data-storing cells.
Nikkei Electronics Asia
SK Hynix is going to mass-produce 10-nano-range DRAMs in 2017 and this will be the world's second mass-production of 10-nano-range DRAMs followed by Samsung Electronics. At the same time when it is finished with development of 1x DRAM, it is going to start developing 1y DRAM and also build up its competitive edge for the future by establishing a development team for 1z DRAM.
Samsung Electronics is considering a reorganization of the System LSI division in order to systematically grow the system semiconductor business. The company is planning to separate the design and manufacturing sectors in the business unit and divide or spin off it to fabless and foundry business divisions.
Samsung Electronics is facing a patent lawsuit from the Korea Advanced Institute of Science & Technology in the US, the institute confirmed Wednesday.
Samsung Electronics said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from US fund Elliott Management to split the company in two and provide more in payouts.
South Korean authorities have raided the offices of Samsung and the national pension fund as part of a corruption investigation linked to the president.
South Korea's exports fell in October because of problems at two of its biggest companies, with Samsung Electronics abandoning its trouble-plagued Galaxy Note 7 and Hyundai Motor suffering a lengthy labor strike.
Nikkei Electronics Asia
The fund will have a size of about KRW200 billion (US$175.4 million), of which KRW50 billion will be financed by Samsung Electronics and KRW25 billion by SK Hynix.
Samsung Electronics said strength in its semiconductor business offset the impact to its mobile phone business caused by exploding batteries in its flagship Galaxy Note 7 products.
A chat with Meizu's VP of sales and marketing, Li Nan, revealed that the manufacturer encountered problems with the chipset and 4G network compatibility. It seems something about the chip's integrated modem has troubled Meizu, hence the company doesn't want to risk developing a potentially faulty device.
Samsung Electronics tumbled after asking retail partners to stop sales and exchanges of its Galaxy Note 7 smartphones, the latest blow for South Korea's largest company in the midst of a crisis over exploding batteries.
Tech giant Samsung Electronics is gearing up to fully operate a production line for 3D NAND flash memory at its plant in Hwaseong City, Gyeonggi Province. Considering the one-month period to build the equipment and tools, it is expected that the facility will likely be in full operation around the end of 2016.
The Korea Herald
Samsung Electronics is selling about half of its stake in chip-equipment supplier ASML Holding in a private placement valued at about EUR606 million (US$681 million).
In its rush to beat rival products to market, notably Apple's new iPhone, Samsung Electronics has accelerated new phone launch cycles, but its haste is raising concerns that it fell short on quality testing.
The head of Nokia's small, but highly profitable patent licensing division is leaving after two years in the role, the Finnish company said on Wednesday, weeks after he sealed a pace-setting patent deal with Samsung Electronics.
Better-than-expected demand for Samsung Electronics' new Galaxy Note 7 is causing supply constraints globally, the South Korean tech giant said on Wednesday, suggesting strong initial sales for the new premium smartphone.
Samsung Electronics is slated to hold a foundry forum in China later this month (August 2016) to attract Chinese fabless firms amid its growing idle foundry lines, industry experts said on Tuesday.
Samsung Electronics plans to launch a program to sell refurbished used versions of its premium smartphones as early as 2017, a person with direct knowledge of the matter told Reuters.
Five of Samsung Group subsidiaries have slashed about 5,700 jobs so far in 2016 via voluntary retirement programs, according to the units' regulatory filings on Thursday.
Samsung Electronics has announced that it is now the world's number one supplier of enterprise solid state drives used in corporate data centers, as reported by a number of analyst firms.
After Samsung Electronics' success in selling components for rivals' smartphones, Vice Chairman Lee Jae Yong is considering a similar strategy for the world of automobiles.
South Korean tech giant Samsung Electronics said on Thursday it expects solid earnings to continue in the second half of 2016, with stronger components demand likely offsetting heightened margin pressures for smartphones.