Tag: Samsung

South Korean court gives Samsung scion prison term over bribery

By KIM TONG-HYUNG SEOUL:Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president. In a much-anticipated retrial, the Seoul High Court found Lee […]

Samsung’s Lee Kun-hee leaves behind $21 billion wealth for inheritance

By Joyce Lee, Hyunjoo Jin SEOUL:Lee Kun-hee, South Korea’s richest person and chairman of Samsung Electronics Co, died on Sunday, leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance tax. Here is a rundown of his net worth, which Forbes says amounts to $20.9 billion, and expected […]

Samsung Galaxy F series to debut on Flipkart’s Big Billion Days

NEW DELHI:Riding on its successful Galaxy ‘M series amid surge in online shopping, Samsung on Thursday announced a partnership with Flipkart to globally debut its next affordable Galaxy ‘F series on the first day of the Big Billion Days sale in India next month. The company will debut the fully-loaded Galaxy F41 as the first […]

Nvidia close to acquiring chip maker ARM for $40 billion: Report

NEW DELHI: US-based graphic giant Nvidia is close to acquiring SoftBank-owned UK chip company ARM in a deal valued at more than $40 billion, the Wall Street Journal reported on Sunday. The Japanese technology conglomerate bought ARM for $31 billion in 2016. The company powers major mobile processors from companies like Qualcomm, Apple, Samsung and […]

Samsung bags its biggest $6.6 billion network supply deal from Verizon

NEW DELHI: Samsung Electronics on Monday said it will supply network equipment to US telecommunications giant Verizon for $6.6 billion which is the largest network equipment supply deal in the history of South Korean giant. Samsung said it will supply network solutions, including 5G, for the next five years until December 2025. The size of […]

Samsung donates 550,000 notebooks in government schools

NEW DELHI: Samsung R&D Institute – Bangalore (SRI-B), Samsung‘s largest R&D centre outside Korea and Government of Karnataka today donated 550,000 notebooks and one lakh stationery items to 2,100 government schools in Kolar and Ramanagar districts of Karnataka. In the fifth edition of the notebook donation drive for around one lakh students studying at government […]

Back To Top