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Samsung Electronics Co Ltd (0593xq.L)

0593xq.L on London Stock Exchange

9 Dec 2016
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$-13.00 (-1.70%)
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Latest Key Developments (Source: Significant Developments)

Wonik IPS signs contract worth 21.9 bln won
Thursday, 8 Dec 2016 09:04pm EST 

Wonik IPS Co Ltd <240810.KQ> : Says it signed contract with Samsung Electronics Co Ltd <005930.KS> on Dec. 8, to provide semiconductor manufacturing equipment .Contract amount is 21.9 billion won.  Full Article

Samsung Canada announces update on return and exchange of Note7 devices
Wednesday, 7 Dec 2016 04:03pm EST 

Samsung Electronics Co Ltd <005930.KS> : Samsung Electronics Canada - Samsung Canada would like to make customers aware of plans to deactivate service for remaining Note7 devices in Canadian market . Samsung Canada-Effective Dec 15th, customers still using Note7 will no longer be able to connect to any Canadian Mobile Network Services . Samsung Electronics Canada - As a recalled product, Note7 device owners are legally prohibited from selling or even giving away recalled device .Samsung Canada announces update on return and exchange of Note7 devices.  Full Article

Western Digital Corp renews patent cross-license agreement with Samsung<005930.KS>
Tuesday, 6 Dec 2016 04:35pm EST 

Western Digital Corp : Western Digital Corporation renews patent cross-license agreement with Samsung . Financial terms of renewed agreement were not disclosed. .Western Digital Corp - Renewed agreement will run through December 31, 2024.  Full Article

Samsung Group's Lee: don't recall president asking for donations
Monday, 5 Dec 2016 09:09pm EST 

Samsung Group [SAGR.UL] leader Jay Y. Lee: Says he does not personally know Choi Soon-sil . Says has no recollection of President Park asking for donations during meeting with her (Reporting By Se Young Lee) ((Vincentsy.Lee@thomsonreuters.com;)).  Full Article

Samsung Elec says on track for 2016 operating profit growth
Monday, 28 Nov 2016 07:42pm EST 

Samsung Electronics Co Ltd <005930.KS> : Says it welcomes constructive dialogue with shareholders . Says on track to deliver operating profit growth in 2016 versus 2015 . Says focused on normalising mobile business, improving components earnings . Says maintaining strong balance sheet very important for ensuring sustainable growth Further company coverage: [005930.KS] (Reporting By Se Young Lee) ((Vincentsy.Lee@thomsonreuters.com;)).  Full Article

LOTVacuum signs contract worth 4.7 bln won
Thursday, 17 Nov 2016 09:33pm EST 

LOTVacuum Co Ltd <083310.KQ> : Says it signed contract with Samsung Electronics Co Ltd <005930.KS> to provide dry vacuum pump for semiconductor process, on Nov. 17 .Contract amount is 4.70 billion won.  Full Article

Qualcomm and Samsung collaborate on 10nm process technology
Thursday, 17 Nov 2016 07:30am EST 

Qualcomm Inc - : Subsidiary, Qualcomm Technologies, Inc and Samsung Electronics Co., Ltd., have extended strategic foundry collaboration . Qualcomm and Samsung collaborate on 10nm process technology for the latest snapdragon 835 mobile processor .Snapdragon 835 is in production now and expected to ship in commercial devices in first half of 2017.  Full Article

Harman International says deal with Samsung provides termination fee of $240 mln
Monday, 14 Nov 2016 08:24am EST 

Harman International industries - :Deal with Samsung provides, upon termination of merger under certain circumstances, termination fee of $240 million to be payable by co.  Full Article

Samsung Electronics to acquire Harman for $8 bln
Monday, 14 Nov 2016 02:28am EST 

Harman International Industries Inc : Samsung electronics to acquire Harman, accelerating growth in automotive and connected technologies . Harman International Industries - Company and Samsung Electronics enter agreement under which Samsung will acquire Harman for $112.00 per share in cash . Harman International Industries Inc - Will continue to be led by Dinesh Paliwal and Harman's current management team . Harman International Industries Inc - Agreement has been unanimously approved by boards of directors of both companies . Harman International Industries - Evercore is serving as financial advisor to Samsung ; J.P. Morgan and Lazard are serving as financial advisors to Harman . Says total equity value of deal approximately $8.0 billion . Harman international Industries Inc - Upon closing, Harman will operate as a standalone Samsung subsidiary .Harman International Industries Inc - Samsung plans to retain Harman's work force, headquarters and facilities.  Full Article

Samsung Electronics America announces voluntary recall of certain top-load washers
Friday, 4 Nov 2016 07:36am EDT 

Samsung Electronics Co Ltd <005930.KS> : Samsung Electronics America - Announced a voluntary recall of certain top-load washers manufactured between March 2011 and current production dates .Samsung Electronics America- Action driven by reports of risk that drums in washers may lose balance, resulting in top separating from the washer.  Full Article


Samsung to disable Note 7 phones in the U.S. via software update

Samsung Electronics Co Ltd said on Friday that a software update for Galaxy Note 7 smartphones will be released mid-December in the United States preventing them from charging and functioning as mobile phones, rendering them useless.