Samsung Q2 profit drops 55% on weak AI chip sales, China curbs

[ad_1] The logo of Samsung Electronics is seen at the company’s store in Seoul, South Korea. | Photo Credit: Reuters Samsung Electronics reported on Thursday (July 31, 2025) a 55% drop in second-quarter operating profit as delays in high-bandwidth memory chip shipments and U.S. export curbs on advanced chip sales to China continued to drag […]

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Perplexity in talks with phone makers to pre-install Comet AI mobile browser on devices

[ad_1] Nvidia-backed Perplexity AI, the startup challenging Google with its AI-powered search engine, is in discussions with mobile device makers to pre-install its new Comet browser on smartphones, CEO Aravind Srinivas told Reuters on Friday. The move could significantly boost Perplexity’s reach by capitalizing on browser “stickiness”, where users tend to stick with browser apps […]

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High percentage of non-Galaxy users switching to Galaxy Fold: Samsung executive at Unpacked

[ad_1] More non-Galaxy users are switching to the Galaxy Z Fold than ever before, a sign that demand for such devices is increasing, and that differentiating through hardware has become the company’s hallmark in the high-end smartphone market. “I would say the conversion rate from non-Galaxy users to the Galaxy Fold is much higher, especially […]

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Samsung officially names third-generation heir Lee Jae-yong as chairman

[ad_1] Samsung’s announcement that Lee is its new chairman came shortly after the company reported a 31% drop in profit for the three months through September. Samsung’s announcement that Lee is its new chairman came shortly after the company reported a 31% drop in profit for the three months through September. Samsung Electronics has officially […]

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Samsung seeks tax breaks on $192 billion potential chip plants in Texas

[ad_1] The plants are estimated to cost $12 billion to $23 billion each and create at least 900 jobs The plants are estimated to cost $12 billion to $23 billion each and create at least 900 jobs Samsung Electronics has begun applications for tax breaks for 11 potential chip plants in Texas adding up to […]

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Chips drive highest Samsung Q2 profit since 2018, but demand cooling

[ad_1] Samsung posted an operating profit of 14 trillion won, up 11% from 12.57 trillion won a year earlier Samsung posted an operating profit of 14 trillion won, up 11% from 12.57 trillion won a year earlier South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by […]

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Samsung starts chip production with 3-nanometre technology

[ad_1] Compared to the 5nm process, the first-generation 3nm process can reduce power consumption by up to 45%, improve performance by 23% and reduce area by 16% Compared to the 5nm process, the first-generation 3nm process can reduce power consumption by up to 45%, improve performance by 23% and reduce area by 16% Samsung Electronics […]

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Samsung Elec starts 3-nanometre chip production to lure new foundry customers

[ad_1] Samsung Electronics Co Ltd said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients to catch far bigger rival TSMC in contract chip manufacturing. Compared with conventional 5-nanometre chips, the newly developed first-gen 3-nanometre process can reduce power consumption by […]

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