Page 5 - Device Solution News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Samsung's memory chip division lost $2.3 billion US in the first two months of 2023. Insiders told news outlet Korea JoongAng Daily that losses for the entire...

Samsung Electronics reveals its first woman president, Lee Young-Hee. She was promoted to the top role from her previous as head of Global Marketing Center.

Major conglomerates such as Samsung, SK and Hyundai Motors are actively establishing or expanding related organizations to respond to global uncertainties. The moves are intended to enable the conglomerates to respond better to the global market during an economic downturn, as it has a growing ripple effect on individual companies, according to industry officials, Friday.

Major companies are taking a conservative approach as the economy is taking a rapid downturn, by shrinking investments and production to cope with the surging inflation, high exchange rates and interest rates, according to company officials, Sunday. Major domestic companies have entered emergency management amid the worsening economic situation. On Sept. 29, LG held an offline CEO workshop for the first time in three years to discuss mid- to long-term management strategies. Samsung also discussed current economic issues through a meeting of CEOs on Sept. 26, while SK is scheduled to hold a “...

Samsung has started building a new research and development facility in Giheung, south of the capital Seoul. The company hopes to use the facility to extend its position in the semiconductor sector.