Samsung

Samsung: Battery design, manufacturing errors behind Note 7 fires

The design and production of the Samsung Galaxy Note 7's batteries caused the mobile phones to catch fire, the South Korean company said Monday.

South Korean prosecutors request arrest warrant for Samsung heir

South Korean prosecutors on Monday requested the arrest of Samsung heir Lee Jae Yong on corruption charges linked to the ever-widening scandal surrounding President Park Guen Hye, local media...

S Korea investigation: Charges against Samsung head likely by Sunday

Investigators say they will decide by Sunday whether to seek the arrest of the de facto head of Samsung on corruption charges linked to the ever-widening scandal surrounding South Korean President...

Samsung expects 50-per-cent rise in profit despite smartphone debacle

Samsung Electronics on Friday said it expected its fourth-quarter operating profit to jump by about 50 per cent, despite being forced to withdraw its flagship Galaxy Note 7 smartphone in October...

Samsung raided in connection with South Korea corruption scandal

South Korean prosecutors raided the offices of Samsung and a state-run pension fund Wednesday in connection with the current corruption scandal involving President Park Geun Hye and her friend...

Samsung acquires Canadian messaging technology specialist

The world's largest smartphone producer Samsung Electronics announced Wednesday that it has acquired Canadian messaging technology specialist NewNet Communication Technologies for an undisclosed...

Samsung Electronics in 8-billion-dollar purchase of car-parts firm

Samsung Electronics has made an agreement to buy US car-parts supplier Harman International Industries for 8 billion dollars in cash, the leading South Korean smartphone, television and memory...

Samsung recalls 2.8 million washing machines in the US

Samsung, already under fire for its flammable smartphone Galaxy Note 7, will recall 2.8 million washing machines in the United States after reports of injuries resulting from extreme vibration, US...

Samsung third-quarter earnings drop after Note7 woes

Samsung announced reduced profits for the third quarter on Thursday, as the company struggles with the aftermath of the failed Galaxy Note7 smartphone.

Hyundai strikes and Samsung woes blamed for weaker South Korea growth

South Korea's central bank on Tuesday blamed strikes at carmaker Hyundai and Samsung's smartphone troubles for weaker third quarter growth.

Hundreds of South Koreans sue Samsung over Galaxy Note7: report

Hundreds of South Korean Galaxy Note7 owners filed a joint lawsuit Monday against Samsung seeking compensation after the fire-prone smartphone was discontinued, Yonhap news agency reported.

Samsung promises suppliers compensation for scrapped Galaxy Note7

Samsung on Tuesday told component suppliers that they would receive compensation after the leading smartphone manufacturer ceased production of its Galaxy Note7 model, following cases of the...

US bans Samsung Galaxy Note7 phones from flights

US officials are banning all Samsung Galaxy Note7 phones from all flights amid concerns about the devices catching fire.

Samsung expects huge losses due to scrapping Note7 production

Samsung said Friday it expects massive profit losses through the first quarter of 2017 after pulling the plug on its problem-plagued Galaxy Note 7 smartphone.

Fitch: Samsung risks "long-term brand damage" from phone recall

Samsung faces the prospect of "long-term brand damage" over safety scares plaguing the flagship Galaxy Note 7 smartphone, the ratings agency Fitch said Thursday.