Samsung

Samsung’s big plan to compete with the Apple Watch: keeping you healthy as you age

New York CNN — Healthcare costs are expected to rise in 2025 and older adults are increasingly looking to age in place — trends Samsung is targeting to get a bigger piece of the digital health market. And the company’s upcoming smartwatch update is another step in that direction, says Hon Pak, vice president and …

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Egypt Independent June 17, 2025

Trump threatens 25% tariff on Apple and says Samsung and other tech companies could be next

CNN — President Donald Trump on Friday demanded Apple and other smartphone makers like Samsung make their phones in the United States or face a 25 percent tariff. “I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured …

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Egypt Independent May 25, 2025

Samsung’s AI-powered foldable phones get slimmer, thinner, pricier

CNN — Samsung’s latest generation of foldable phones aim to draw in traditional phone users with the help of artificial intelligence. At its annual Unpacked event on Wednesday, held in Paris for the first time, the company announced updates to its foldable devices and earbuds, and shared more details about its upcoming smart ring. The …

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Egypt Independent July 17, 2024

Samsung reports enormous jump in profit on AI boom

Seoul Reuters — Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the battered global memory chip market. The upbeat outlook from the world’s largest memory chip maker sent its shares 1.8 percent higher on Tuesday after it reported a …

The post Samsung reports enormous jump in profit on AI boom appeared first on Egypt Independent.

Egypt Independent May 1, 2024

Samsung estimates quarterly profit sank to 8-year low on demand slump

Seoul Reuters — Samsung Electronics flagged on Friday its quarterly profit tumbled to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. Profits at the world’s largest memory chip, smartphone and TV maker are expected to shrink again in the current quarter, analysts said, after Samsung …

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Egypt Independent January 8, 2023

Joe Biden visits Samsung factory in first trip to Asia as US president

Joe Biden’s first stop on his inaugural trip to Asia as US president was a massive Samsung Electronics semiconductor plant, underscoring a message of economic security with an eye on … Continued