Semiconductor Hit By Chip Shortage
The largest memory chip and TV manufacturer in the world saw its shares rise 3% in early trade, while rival SK Hynix Corp. had its shares rise 5% as investors embraced plans to reduce production in order to maintain pricing power.
Samsung Plans to Invest In Smart Manufacturing Capability in India
The electronics major of Korea, Samsung has announced that it is going to invest in India setting up smart manufacturing capabilities at its largest mobile phone plant in the busissenes city of Uttar Pradesh..
Smartphone Exports Cross Rs 50k crore
Smartphone exported from India have crossed Rs 50,000 crore. Nearly 40% of them are iPhones, which Apple exports to Europe, West Asia and Asian countries, except China.
Lee Young Hee First Female President
Samsung has officially announced that it has promoted a female executive to the position of President. According to Yonhap News Agency, Samsung Electronics has promoted Lee Young Hee to the President’s post of the Global Marketing Center for the Samsung DX (Device eXperience) division. It is the same department that oversees its smartphone business. Samsung …