Samsung

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.

Samsung ends production of flagship Note 7 smartphone

South Korea's Samsung said it will no longer make its flagship Galaxy Note 7 smartphone, following a series of safety scares that have plagued the leading smartphone manufacturer.

Samsung suspends worldwide sales of Galaxy Note7

Samsung on Tuesday suspended global sales of its Galaxy Note7 smartphone with immediate effect and advised users to power the devices down and hand them in, after numerous reports of the phones...

Samsung smartphone crisis deepens as Note 7 production "adjusted"

South Korean tech giant Samsung is changing the production plan for its latest line of high-end smartphones, the company said Monday, as it struggled to contain safety problems that have already...

Samsung expects profit increase despite Galaxy Note 7 issues

Samsung announced Friday it expects a 5.6-per-cent rise in profits in the third quarter of 2016, despite recent problems with the company's flagship smartphone, the Galaxy Note 7.