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Samsung wants to become the world's largest vendor of chips again within three years as it locks horns with SK Hynix, Intel, and TSMC. Will it succeed?

Samsung Electronics is estimated to have recorded its lowest operating profit in 15 years in 2023, with its chip business only slightly recovering at the end of the year after hitting rock bottom in the wake of sluggish demand and high inventory. In its earnings guidance on Tuesday, the tech giant projected its annual sales for the year at 258.1 trillion won, which is down by 14.5 percent on-year. Operating profit is...

At this year’s IFA, Europe’s biggest home appliances trade show, two of South Korea’s tech giants, Samsung Electronics and LG Electronics, are set to showcase their latest premium products that maximize energy efficiency As the IFA celebrates its 99th anniversary this year, about 2,290 companies in the fields of IT, consumer appliances and telecommunication will take part from 50 countries. The five...

Operator: Good day and welcome to the Itron Second Quarter 2023 Earnings release. At this time, all participants are in listen-only mode.

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