While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.
A major appliance maker is considering moving some of its operations from a Mexico facility to the U.S. after President Donald Trump considers 25% duties on imports.
Samsung Electronics on Wednesday launched its latest flagship smartphones — the Galaxy S25 series — touting a custom chip and boosted AI features. The S25 release comes after a year in which Samsung's smartphone shipments came under pressure from Chinese players and Apple.
Samsung and Google are teaming up to develop augmented reality glasses, aiming to compete with Meta and Apple in the growing AR market, with plans to leverage third-party developers for content and a potential launch by 2026.
On the 31st, Samsung Electronics said during the conference call for its 2024 fourth quarter earnings report regarding the impact of DeepSeek in China, "It is too early to judge with current limited information, but we expect both long-term opportunity factors and short-term risk factors to coexist in the market."
Samsung Electronics, South Korea’s leading chipmaker, is struggling to keep up with Taiwan’s TSMC, the world’s largest semiconductor contract manufacturing (foundry) company, in the global chip foundry market.
TM Roh believes a “privacy-first approach” is imperative as the company makes a big AI push based on an “open collaboration” philosophy for its mobile devices.
Samsung packs more features and hardware power, but Apple remains the best for ecosystem users and video creators.
Samsung has warned of sluggish AI chip sales due to US export restrictions, supply challenges, and shifting demand.
Samsung Electronics said on Friday it expected limited first-quarter earnings growth due to weak memory chip business conditions, as it continues to work towards providing high-end chips to Nvidia. The South Korean firm is also grappling with weak smartphone sales and said it aimed to revive mobile margins to above 10% this quarter,
AI patent grants grew in overall volume for the fourth year – increasing from 34,544 in 2020 to 54,022 in 2024 – with innovations in biological-related AI, machine learning AI, image or voice recognition AI, scene-specific elements of image/video AI, and general image analysis.
The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for legacy semiconductors remains subdued.