Samsung’s $3.5 billion EV battery deal with GM hits pause

In August 2024, Samsung’s battery manufacturing division, Samsung SDI, and General Motors signed a $3.5 billion deal where the two companies would build a plant for manufacturing batteries for electric vehicles (EVs) in Indiana, USA. Unfortunately, the project may have been put on hold as the US carmaker may be rethinking its EV strategy due […]

Read More

Samsung discontinues its LPDDR4, LPDDR4X memory chips

Earlier this month, reports suggested that Samsung is planning to discontinue the production of its LPDDR4 and LPDDR4X memory chips by the end of 2026. That move has now been confirmed. On Samsung Semiconductor’s official website, the product pages for both LPDDR4 and LPDDR4X now display a notice stating, “This product has been discontinued.” Samsung […]

Read More

Samsung appoints a new head for its TV business

Samsung has announced a new leadership change for its Visual Display division, which is responsible for monitors, soundbars, and TVs. Samsung Electronics President Won-Jin Lee has been appointed as the new head of the Visual Display division. Samsung Device Experience (DX) is a division of Samsung Electronics that includes five businesses: Samsung Digital Appliances (home […]

Read More

Samsung could be sole OLED display supplier for Apple iPhone 18

Samsung has supplied OLED display panels for every Apple smartphone featuring the technology, from the first model to offer it—the iPhone X—to the latest, the iPhone 17 series. However, the South Korean tech giant hasn’t always been the only supplier; the iPhone X lineup remains the exception, where Samsung was the sole provider. The Cupertino-based […]

Read More

Samsung’s two Chinese rivals merge amid declining performance

Samsung reclaimed the top spot in the global smartphone market after launching the Galaxy S26 series earlier this year. Now, two of its Chinese rivals, OnePlus and Realme, appear to be undergoing a major restructuring, with reports suggesting they are being merged into a single entity. Merger of OnePlus and Realme could be good news […]

Read More

Samsung is on track with the development of 1.4nm chips

Earlier today, Samsung Electronics detailed its earnings figures for the first quarter (Q1) of this year. Nearly 94 percent of the company’s profits came from its semiconductor chip business. In its press release, the South Korean firm also outlined plans for its chip division, revealing that it is on track with the development of 1.4nm […]

Read More

Samsung SDI may supply batteries to Amazon for AI data centres

Samsung SDI, Samsung’s battery manufacturing business, has been supplying batteries to many major companies around the world, with most of its clients being automotive brands that use them for electric vehicles. Now, the South Korean tech giant may begin supplying batteries to another major brand—this time not an automaker, but tech giant Amazon—further strengthening Samsung’s […]

Read More

Samsung’s mobile division may see its first-ever annual loss this year

Last month, a Korean publication claimed that Samsung’s mobile division, MX, may report its first-ever loss in the second quarter of this year, mostly due to profitability being hit by rising memory prices. Now, it looks like the higher management is expecting even worse results. According to Money Today, Samsung’s Head of MX  Division, Roh […]

Read More