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Samsung’s $16.5bn Tesla deal will test chipmaker’s hopes for revival
Samsung’s $16.5bn chipmaking deal with Tesla is set to be a crucial test of the Korean tech group’s ability to meet the high demands of Elon Musk while making the corporate changes needed to revive its struggling semiconductor business.
Its second-quarter operating profit came in at 4.7 trillion won, plunging from the 10.44 trillion won recorded in the same period last year. Notably, its Device Solutions division recorded a 93.8% ...
Samsung Electronics’ mobile division cautioned global demand for smartphones and tables would weaken in the second half of ...
Samsung has reported its earnings for Q2 2025 that ended June 30, 2025 in which the company posted 74.6 trillion won (USD ...
The figures were not all doom and gloom, however, with Samsung’s Mobile eXperience division seeing revenue from smartphones ...
Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this ...
Samsung Electronics said a trade deal that will see Washington charge 15% tariffs on imports from South Korea reduces ...
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