Samsung Electronics to buy back shares worth $7.17 billion to increase shareholder value
Mumbai: Samsung Electronics revealed plans to buy back shares worth 10 trillion won ($7.17 billion) over the next year to bolster shareholder value, Reuters reported citing a regulatory filing submitted after markets closed on Friday.
Samsung India's Chennai plant workers call off month-long strike
The workers' strike at Samsung India's plant near Chennai has been called off after a resolution was reached, with management announcing several welfare measures on October 15, media reports said.
Vodafone Idea shares soar 8% after securing $3.6 billion deal with Nokia, Ericsson, Samsung
Mumbai/IBNS: Vodafone Idea's stock price jumped more than 8 percent in early trading on Monday (Sept. 23) following the announcement of a $3.6 billion deal with Nokia, Ericsson, and Samsung to supply network equipment over the next three years.
Strike hits Samsung production at key electronics plant in Tamil Nadu
Chennai/IBNS: Production at Samsung Electronics' key plant in southern India faced disruptions for the second consecutive day on Tuesday (Sept. 10) due to a strike by hundreds of employees demanding higher wages.
Former Samsung executive arrested second time for leaking chip technology to China
Seoul: A South Korean executive, accused of stealing semiconductor technology developed by Samsung Electronics, has been detained again on freshallegations in connection with the theft of chip processing technology, Reuters reported.
Vodafone Idea in talks with Samsung for new 4G, 5G tech solutions
Mumbai: Vodafone Idea is in active discussions with Samsung about new technologies, including virtualized Radio Access Network (vRAN) solutions for their 4G and 5G networks, according to a company statement.
Samsung expects to contribute 75% in 5G segment in 2024
Hyderabad/UNI: South Korean smartphone maker Samsung is expected to contribute 75 percent in the overall category in the 5G segment this year against 67 percent growth expected by the overall industry, said Ghufran Alam, Senior Director, MX Business, Samsung India, on Wednesday.
Samsung Semiconductor India Research opens 2nd facility in Bengaluru
Bengaluru: Samsung Semiconductor India Research (SSIR) Thursday announced the opening of its new R&D facility in Karnataka's capital Bengaluru.
Samsung Galaxy S23 series gets 1,40,000 pre-bookings in a single day in India
Kolkata: Consumer electronics brand Samsung on Tuesday said over 140,000 Galaxy S23 series units were pre-booked in India in a span of first 24 hours.
Samsung India sales shoot in festive season: Report
South Korean electronic major Samsung had a splash this festive season with sales of Rs 14,400 crore across its mobile, wearables, and tablet businesses, according to media reports.
Samsung names convicted heir for top job
Seoul/UNI: South Korean electronics giant Samsung on Thursday named convicted heir and de facto boss Lee Jae-yong as its executive chairman.
India's monthly mobile phone exports cross record $1 billion in Sept: Report
India's monthly export of mobile phones crossed the $1 billion threshold (more than Rs 8,200 crore), for the first time ever, reported The Economic Times.
Samsung launches NO MO’ FOMO Festival Sale
New Delhi: Samsung, India’s most trusted consumer electronics brand, today announced its NO MO’ FOMO festival sale that is providing mega offers and exciting cashback like never before on Samsung Galaxy smartphones, tablets, laptops, accessories, wearables and Samsung digital appliances.
Airtel signs deal with Ericsson, Nokia, Samsung to commence 5G deployment
New Delhi/UNI: Bharti Airtel on Wednesday announced that it has signed 5G network agreements with Ericsson, Nokia and Samsung to commence 5G deployment in August this year.
Kolkata: Tech giant Samsung on Tuesday added five new models-A13/A23/A33 5G/A53 5G/A73 5G- to its Galaxy A series portfolio in India.