Samsung Electronics Co Ltd (0593xq.L)
Tue, Jun 21 2016
SUWON, South Korea Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co Ltd aims to become a global top-three player in 5G mobile networks by moving quickly in markets like the United States, an executive said.
* Samsung plans to increase production of smartphone display panels by more than 50 pct this year with eye toward supplying Apple, others - Nikkei
* Expects handset margins to decline to a high single-digit percentage over long term due to increasing competition
(The following statement was released by the rating agency) SEOUL/HONG KONG, June 16 (Fitch) Fitch Ratings has affirmed South Korea-based Samsung Electronics Co., Ltd.'s (SEC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'A+' with Stable Outlook. The agency has also affirmed SEC's senior unsecured rating at 'A+'. The affirmation reflects SEC's strong credit profile supported by its technology leadership, strong market positions, and a well-diversified business portf
SEOUL, June 16 Tech giant Samsung Electronics Co Ltd said on Thursday it will acquire U.S-based firm Joyent Inc to boost its cloud computing and "internet-of-things" capabilities for an undisclosed sum.
SEOUL Tech giant Samsung Electronics Co Ltd said on Wednesday a local media report of the firm's plans to invest 25 trillion won ($21.22 billion) by next year to boost 3D NAND memory chip capacity was not true.
SEOUL, June 15 Tech giant Samsung Electronics Co Ltd said on Wednesday a local media report of the firm's plans to invest 25 trillion won ($21.22 billion) by next year to boost 3D NAND memory chip capacity was not true.
* Samsung C&T said earlier that talks with Publicis and other global ad agencies for strategic cooperation for its ad agency affiliate ended without any conclusin. Source text for Eikon: Further company coverage: [PUBP.PA ]
Weighing in on Samsung's fight with Apple at the U.S. Supreme Court, the federal government said on Wednesday that Samsung's reasons for complaining it paid too much for infringing Apple's iPhone design patents are valid, but go one step too far.
* Says it signed contract with Samsung Electronics Co,.Ltd, to provide dry vacuum pumps, for 4.31 billion won