Latest news with #SamsungElectronics
New Straits Times
11 hours ago
- Business
- New Straits Times
South Korea's KOSPI tops 3,000 for the first time since early 2022
SEOUL: South Korean shares rose above the 3,000 mark for the first time since January 2022 and were set to log their fourth weekly gain after newly-elected President Lee Jae Myung announced a stimulus spending plan. Expectations are that more such plans are potentially in the works. The won strengthened, while the benchmark bond yield rose. The benchmark KOSPI was up 25.02 points, or 0.84 per cent, at 3,002.76 as of 0155 GMT. For the week, the index is up 3.75 per cent. South Korea's new administration proposed on Thursday US$14.7 billion of extra government spending to support sluggish domestic demand, as President Lee makes economic recovery his top policy agenda. Among index heavyweights, chipmaker Samsung Electronics rose 0.51 per cent, while peer SK Hynix gained 2.85 per cent. Battery maker LG Energy Solution climbed 2.58 per cent. Hyundai Motor and sister automaker Kia Corp were unchanged and down 0.10 per cent, respectively. Steelmaker POSCO Holdings was flat, while drugmaker Samsung BioLogics rose 1.70 per cent. Of the total 936 traded issues, 450 shares advanced, while 435 declined. Foreigners were net sellers of shares worth RM688,000. The won was quoted at 1,371.1 per US dollar on the onshore settlement platform, 0.63 per cent higher than its previous close at 1,379.8. In offshore trading, the won was quoted at 1,371.4 per dollar, up 0.40 per cent on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,368.6. The KOSPI has risen 25.14 per cent so far this year. The won has strengthened 7.40 per cent against the dollar so far this year. In money and debt markets, September futures on three-year treasury bonds lost 0.01 point to 107.07. The most liquid three-year Korean treasury bond yield rose by 1.8 basis points to 2.49 per cent, while the benchmark 10-year yield rose by 0.8 basis points to 2.89 per cent.
GSM Arena
20 hours ago
- GSM Arena
Leaked images show off Samsung Galaxy Z Flip7 colors, storage info also leaks Comments
One UI 8 will debut on the Galaxy Z Fold7 and Z Flip7, open beta for the S25 series available now
Phone Arena
20 hours ago
- Business
- Phone Arena
This move by TSMC completely stunned Samsung Foundry leading it to start an investigation
This is an exciting time for Google Pixel fans. Google will reportedly introduce the Pixel 10 series on August 20th and this will be more than just the next iteration of the Android reference device. The Pixel 10 will be powered by the Tensor G5 application processor (AP) which will be undergoing some major changes, Unlike past Tensor chips that powered previous Pixel lines, this year's G5 will be designed from the ground up by Google. Previous Tensor chips melded certain Google designs with one of Samsung's Exynos processors used as the foundation of the component. These chips were built by Samsung Foundry, the second-largest foundry on the planet. This year, the Google-designed AP will be built by the world's largest foundry, TSMC, using its second-generation 3nm process node (N3E). According to the Korean financial blog The Bell , Samsung is investigating why it lost the business of manufacturing the Pixel's Tensor APs to TSMC. Yesterday a global strategy meeting was held by Samsung Electronic's Device Solutions Division. As process nodes have dropped under 5nm, the competitive gap between Samsung Foundry and TSMC has widened. One of the major issues is that Samsung Foundry's lower yields results in higher chip prices and questions about whether large-scale orders can be met. A silicon wafer is checked for defects by robots. | Image credit-Unknown According to TrendForce, Samsung Foundry's global market share is still declining as it hit 7.7% during the first quarter of this year compared to 8.1% during Q4. During the same quarters, TSMC's market share rose from 67.1% to 67.6%. Qualcomm redesigned the chip calling it the Snapdragon 8+ Gen 1 and had it built by TSMC. Despite rumors every now and then stating that Qualcomm will return to Samsung Foundry, TSMC has continued to produce the important flagship AP for the San Diego-based fabless chip designer. Samsung Foundry has been busy working on the development of Sammy's in-house Exynos 2600 AP which is earmarked for the Galaxy S26 and Galaxy S26 + flagship models in some markets next year. Built on Samsung Foundry's 2nm process node, the SoC is now undergoing prototype mass production. This is a big test for Samsung Foundry because, with a decent yield and good performance numbers for the chip, Samsung Foundry might be in a position to take business away from TSMC. If it fails this test, the top brass at Samsung might be forced to consider spinning off or selling Samsung Foundry. Secure your connection now at a bargain price! We may earn a commission if you make a purchase This offer is not available in your area.
The Citizen
21 hours ago
- Business
- The Citizen
Samsung successfully wraps up 2025 'Solve For Tomorrow' design thinking workshops
These Design Thinking Workshops were part of Phase 2 of the competition – where the top 20 schools were invited to collaborate and develop paper prototypes of their solutions. This phase has offered learners from various schools in the country, an opportunity to experience hands-on collaborative guidance from Samsung's mentors who helped them to tackle the next phase of their prototype developments. Themed: 'Infrastructure and Safety' – the Design Thinking workshops in the Samsung Solve for Tomorrow contest are designed to equip learners with the skills to transform their ideas into workable solutions, particularly those addressing community challenges. The recent workshops focused on critical thinking, human-centred problem-solving and collaborative design. @thishawakutiktok The Design Thinking Workshops have come to an end ! Our Top 20 finalists have dived deep into human-cantered problem-solving, guided by Samsung mentors and equipped with new tablets. Where They were transforming community challenges into real-world solutions. 📜Let us hope that their paper prototypes will earn them a spot in the Top 10, Increasing their chance to win incredible prizes……/ 📔We cheered them on as they were 'SOLVING TOMORROWS PROBLEMS, TODAY'……🖊️ ⚠️Hope you are ready for the Top 10 Announcement, Stay tuned 📮 #SFT SolSolveForTomorrowEM ♬ original sound – ILembe Lothisha. According to Lefa Makgato, Corporate Social Responsibility Manager for Samsung Electronics in Southern Africa: 'It was amazing to see how well the school learners and their educators that participated in this year's Design Thinking Workshops responded to their assigned mentors and the experience as a whole. Both the learners and their educators found this experience engaging and beneficial for their learning and design processes.' 'As Samsung, we believe that the activities that these learners engaged in during the workshops are meeting the overall objectives of the Solve for Tomorrow competition. This contest has, from the onset, been seeking to foster collaboration among the learners, educators and their mentors as well as to develop their skills and promote a growth mindset. Importantly, this experience has now encouraged independent learning, challenged the learners' perspectives and allowed their mentors the opportunity to provide them with valuable feedback.' Some of the aspects of the Design Thinking workshops included the following: Skills Development: Learners have gained valuable skills in translating their ideas into practical solutions that can solve their respective communities' problems. Learners have gained valuable skills in translating their ideas into practical solutions that can solve their respective communities' problems. Human-Centred Design: The workshops emphasised understanding user needs and created solutions that can address real-world challenges. The workshops emphasised understanding user needs and created solutions that can address real-world challenges. Cognitive & Structured Processes: Participants have now learnt structured processes for creative problem-solving. Participants have now learnt structured processes for creative problem-solving. Collaboration & Communication: The workshops have fostered teamwork and improved the learner's communication skills, which are essential for successful project development. The workshops have fostered teamwork and improved the learner's communication skills, which are essential for successful project development. Prototype Development: These workshops have now successfully prepared learners for the next phase of the competition, where they will develop and present their prototypes. These workshops have now successfully prepared learners for the next phase of the competition, where they will develop and present their prototypes. Inspiration & Motivation: The workshops are designed to foster a mindset of innovation and problem-solving, encouraging learners to 'think, speak and act like designers. The workshops are designed to foster a mindset of innovation and problem-solving, encouraging learners to 'think, speak and act like designers. Support for Teachers: The workshops have also gone an extra mile as they have benefitted the teachers as well. This platform and the mentors have provided the tools and guidance for the educators to support their learners in the next, prototype development phase. @deemrsbee At the Samsung Solve for Tomorrow Design Thinking workshops, learners were taught invaluable skills on how to transform their ideas from mere concepts to workable solutions, addressing the identified issues within their communities. At the end of this phase, the Top 20 Finalists are expected to submit the paper prototypes of the solutions they have identified. Judges will evaluate this to determine the top 10 schools, who will proceed to the final phase. The participating teams stand a chance to win exciting prizes and the recognition as South Africa's next generation of innovators and problem-solvers. @Samsung South Africa #SolveForTomorrow #SFT #STEM #Samsung ♬ original sound – Mrs Bullock And furthermore, with the help of Samsung mentors – the workshops have cultivated a mindset of innovation and great problem-solving skills. The Samsung team is convinced that the solutions developed by the brilliant learners in conjunction with their educators during this year's workshops – have the potential to make a real difference in their respective communities. Makgato added: 'We are pleased with the impact and outcomes of this year's Design Thinking Workshops. And, we are certain that these workshops have achieved the objective of enhancing the learners' ability to identify, analyse and solve problems creatively and effectively. 'As Samsung, we remain committed to using programmes such as the Solve for Tomorrow to bridge the country's resource gap in STEM education. We believe that by fostering innovation and social impact through technology, we also inspire learners to use their skills to improve their respective communities,' she concluded. At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
Business Recorder
a day ago
- Business
- Business Recorder
South Korean shares turn lower as Mideast tensions overshadow tech rally
SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Thursday, weighed by heightening geopolitical tensions in the Middle East, even as tech stocks continued to rally. The won weakened, while the benchmark bond yield was steady. The benchmark KOSPI was down 11.85 points, or 0.40%, at 2,960.34 as of 0142 GMT, after starting the session higher. US President Donald Trump kept the world guessing about whether the United States will join Israel's bombardment of Iranian nuclear sites as the Israel-Iran conflict entered its seventh day on Thursday. South Korea's acting finance minister said authorities would closely monitor financial markets and respond in a timely manner if necessary. Among index heavyweights, chipmaker Samsung Electronics fell 0.67%, while peer SK Hynix was flat. Battery maker LG Energy Solution slid 0.86%. Hyundai Motor and sister automaker Kia Corp were up 0.49% and down 0.71%, respectively. Steelmaker POSCO Holdings was flat, while drugmaker Samsung BioLogics fell 0.60%. Tech stocks extended a rally on policy optimism, with search engine Naver rising 4.11% and instant messenger Kakao climbing 10.14%. Of the total 934 traded issues, 302 shares advanced, while 592 declined. Foreigners were net sellers of shares worth 213.9 billion won ($154.8 million). The won was quoted at 1,381.9 per dollar on the onshore settlement platform, 0.69% lower than its previous close at 1,372.3. In money and debt markets, September futures on three-year treasury bonds were unchanged at 107.11.
