Samsung

Samsung says Q3 operating profits soar to $6.6 bn, but misses forecast

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Samsung says Q3 operating profits soar to .6 bn, but misses forecast

Seoul: South Korea’s Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion, but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world’s largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) “largely due to one-off costs”. … Read more

Samsung adds medications tracking feature to the Health app – ET HealthWorld

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Samsung adds medications tracking feature to the Health app – ET HealthWorld

Gurugram: Samsung announced that it has added the medications tracking feature to the Samsung Health app to help users manage their health more comprehensively. The feature will not only allow users to keep track of their prescribed or over-the-counter medication regime but will also offer important medical information and tips. The feature can help in … Read more

Samsung Medison completes acquisition of Sonio SAS – ET HealthWorld

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Samsung Medison completes acquisition of Sonio SAS – ET HealthWorld

Bengaluru: Samsung Medison has completed the acquisition of Sonio SAS. The closing of the transaction was subject to applicable regulatory approvals, notably the approval of the French Ministry of the Economy and Finance. Following the completion of the transaction, Sonio will remain an independent company headquartered in France and will continue its commercial growth independently. … Read more

Samsung flags 10-fold rise in first-quarter profit as chip prices recover

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Samsung flags 10-fold rise in first-quarter profit as chip prices recover

Samsung Electronics estimated on Friday a more than 10-fold rise in its first-quarter operating profit, as rebounding semiconductor prices lifted earnings from a low base a year ago when there was a severe downturn in chip demand. The world’s largest memory chip and TV maker estimated its operating profit rose to a better-than-expected 6.6 trillion … Read more

Samsung R&D Institute sets up lab at VIT, Vellore for AI, machine learning, data engineering projects

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Samsung R&D Institute sets up lab at VIT, Vellore for AI, machine learning, data engineering projects

Vellore Institute of Technology founder and chancellor, G. Viswanathan, inaugurated the Samsung Student Ecosystem for Engineered Data Laboratory recently | Photo Credit: Special Arrangement The Vellore Institute of Technology (VIT) and Bengaluru-based Samsung R&D Institute (SRI-B) have jointly set up a ‘Samsung Student Ecosystem for Engineered Data (SEED) Laboratory’ for students and faculty of artificial … Read more