Trends - Samsung Electronics - Business Recorder

Samsung Electronics

Samsung CEO says company will pursue deals as it struggles for growth

SUWON: Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough...

Published 19 Mar, 2025 10:57am

Business & Finance

Samsung Electronics’ union in South Korea approves 5.1% wage hike

SEOUL: Samsung Electronics’ main union in South Korea voted in favour of a wage increase deal on Wednesday, the...

Published 05 Mar, 2025 11:50am

Business & Finance

Samsung Electronics to cancel $2.11 billion worth of own shares

SEOUL: Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it...

Published 18 Feb, 2025 08:16am

World

South Korea holds emergency meeting on Trump’s potential steel tariffs

SEOUL: South Korea’s Industry Ministry said on Monday it held an emergency meeting with steelmakers in Seoul to...

Published 10 Feb, 2025 12:05pm

Business & Finance

Samsung sees limited first-quarter earnings growth due to weak chips business

SEOUL: Samsung Electronics said on Friday it expected limited first-quarter earnings growth due to weak memory chip...

Published 31 Jan, 2025 08:23am

Business & Finance

SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

SEOUL: South Korea’s SK Hynix forecast sales of its high-end semiconductors used in generative artificial...

Published 23 Jan, 2025 08:40am

Technology

Samsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phones

SEOUL/SAN FRANCISCO: Samsung Electronics on Wednesday unveiled its newest Galaxy S25 smartphones, powered by...

Published 23 Jan, 2025 08:28am

Business & Finance

Samsung Q4 profit outlook misses estimates by large margin as chip issues drag

SEOUL: Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst...

Published 08 Jan, 2025 12:24pm

Technology

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

Sapphire Electronics (Pvt) Limited, a subsidiary of Reliance Cotton Spinning Mills Limited (RCML), has announced its...

Updated 23 Dec, 2024 08:54pm

World

South Korea rushes to stabilise markets after Yoon’s martial law bid

SEOUL: South Korea’s finance ministry said on Wednesday it was ready to deploy “unlimited” liquidity into financial...

Published 04 Dec, 2024 01:24pm

Markets

Thai baht gains as GDP growth beats estimates; Asia FX off to muted start

The Thai baht inched higher on Monday, outperforming most other emerging market currencies in Asia, after the...

Published 18 Nov, 2024 10:07am

Business & Finance

Samsung Electronics shares hit 4-year lows on Trump risks, AI chips

SEOUL: Shares in Samsung Electronics , the world’s top memory chip maker, fell on Wednesday to their lowest level in...

Published 13 Nov, 2024 12:14pm

Business & Finance

Samsung Q3 operating profits soar to $6.6bn, miss forecast

SEOUL: South Korea’s Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to...

Published 01 Nov, 2024 06:51am

Business & Finance

Samsung to focus on high-end chips to improve earnings after disappointing results

SEOUL: Samsung Electronics said it would focus on producing high-end chips to improve profitability after reporting...

Published 31 Oct, 2024 09:46am

Business & Finance

Samsung third-quarter forecast misses expectations

SEOUL: Samsung Electronics said Tuesday it expected third-quarter profits to jump almost three-fold, but fell short...

Published 08 Oct, 2024 12:02pm

World

‘No work, no pay,’ Samsung warns striking Indian workers as row escalates

CHENNAI: Samsung Electronics has warned its striking workers in southern India they will not receive wages if they...

Published 20 Sep, 2024 03:49pm

World

Indian police detain 100 Samsung workers, union leaders

NEW DELHI: Indian police have detained around 100 striking workers and union leaders protesting low wages at a...

Published 16 Sep, 2024 10:31am

Technology

Samsung Electronics plans global job cuts of up to 30% in some divisions, sources say

SEOUL/NEW DELHI: Samsung Electronics , the world’s top maker of smartphones, TVs and memory chips, is cutting up to...

Published 11 Sep, 2024 03:11pm

Business & Finance

Samsung faces rare employee backlash in India

SRIPERUMBUDUR (India): Samsung Electronics’ production at a key plant in southern India was disrupted for a second...

Published 11 Sep, 2024 06:31am

Technology

Samsung Electronics Q2 shows fastest growth in over a decade

SEOUL: Samsung Electronics said Wednesday it registered its fastest growth since 2010, with operating profits...

Published 31 Jul, 2024 09:58am

Technology

Samsung Electronics workers to strike on July 8-10, union official says

SEOUL: A workers’ union at Samsung Electronics in South Korea has called a strike for July 8-10, a union official...

Published 02 Jul, 2024 11:43am

World

Samsung Electronics workers’ union announces first strike

SEOUL: A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said...

Published 30 May, 2024 06:19am

Technology

Leading AI firms pledge ‘responsible’ tech development

SEOUL: Some of the world’s biggest tech companies pledged to work together to guard against the dangers of...

Published 23 May, 2024 05:16am

Technology

Samsung says AI to drive technology demand in second half after strong Q1

SEOUL: Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some...

Published 30 Apr, 2024 10:26am

Markets

South Korean shares track Wall Street lower, set for weekly loss

SEOUL: Round-up of South Korean financial markets: South Korean stocks gain on US Fed comments South Korean shares...

Published 05 Apr, 2024 11:03am

Business & Finance

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

SEOUL: Samsung Electronics estimated on Friday its first-quarter operating profit would rise more than 10-fold,...

Published 05 Apr, 2024 10:30am

Technology

Samsung to use tech favoured by SK Hynix as AI chip making race heats up

SEOUL: Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as...

Published 22 Mar, 2024 04:57am

Technology

Samsung Elec expects $100mn or more sales from advanced chip packaging business

SEOUL: Samsung Electronics expects $100 million or more of revenue from its next batch of advanced chip-packaging...

Published 20 Mar, 2024 10:35am

Technology

Meta’s Zuckerberg to meet Samsung chief, discuss AI in South Korea

SEOUL: Meta’s CEO Mark Zuckerberg is planning to visit South Korea to meet Samsung Electronics chairman Jay Y. Lee...

Published 21 Feb, 2024 10:08am

Technology

Samsung sees tech devices demand recovering in 2024 after record chip loss

SEOUL: Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a...

Published 31 Jan, 2024 11:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 19	280.28
USD PKR Interbank Buying / Mar 19	280.03
USD to Japanese Yen / Mar 19	149.18
USD to Swiss Franc / Mar 19	0.88
Pound Sterling to USD / Mar 19	1.30
Euro to USD / Mar 19	1.09
UK LIBOR % / Mar 18	4.96

Stock	Volume
S&P 500 / Mar 18	5,614.66
Nasdaq / Mar 18	17,504.12
Dow Jones / Mar 18	41,581.31
India Sensex / Mar 19	75,481.90
Tokyo Nikkei / Mar 19	37,751.88
Hang Seng / Mar 19	24,743.15
FTSE 100 / Mar 19	8,671.01
Germany DAX 30 / Mar 19	23,262.56
France CAC40 / Mar 19	8,101.41

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 18	17,285
Gold 10 Grams PKR / Mar 18	272,076
Petrol/Litre / Mar 19	255.63
Crude Oil USD/Barrel / Mar 19	66.63
Gold Spot USD/Ounce / Mar 19	3,039.77
Diesel/Litre / Mar 19	258.64
Cotton US¢/pound / Mar 19	66.37

Gainers
Losers
Leaders

Stock	Price
Sally Textile / Mar 19 Sally Textile Mills Limited(SLYT)	9.08 ▲ 1 (12.38%)
Universal Ins. / Mar 19 The Universal Insurance Company Limited(UVIC)	9.98 ▲ 1 (11.14%)
Int. Knit. / Mar 19 International Knitwear Limited(INKL)	21.74 ▲ 1.98 (10.02%)
Image Pakistan / Mar 19 Image Pakistan Limited(IMAGE)	25.27 ▲ 2.3 (10.01%)
Exide (PAK) / Mar 19 Exide Pakistan Limited(EXIDE)	823.10 ▲ 74.83 (10%)
Fateh Sports / Mar 19 Fateh Sports Wear Limited(FSWL)	85.72 ▲ 7.79 (10%)
D.M. Textile / Mar 19 D.M. Textile Mills Limited(DMTX)	69.30 ▲ 6.3 (10%)
Atlas Battery / Mar 19 Atlas Battery Limited(ATBA)	327.94 ▲ 29.81 (10%)
Macter Int. Ltd / Mar 19 Macter International Limited(MACTER)	403.77 ▲ 36.71 (10%)
Bunnys Limited / Mar 19 Bunnys Limited(BNL)	19.14 ▲ 1.74 (10%)

Stock	Price
Equity Modaraba / Mar 19 First Equity Modaraba(FEM)	2.86 ▼ -0.36 (-11.18%)
Chakwal Spinning / Mar 19 Chakwal Spinning Mills Limited(CWSM)	51.44 ▼ -5.72 (-10.01%)
At-Tahur Ltd. / Mar 19 At-Tahur Limited(PREMA)	51.27 ▼ -5.7 (-10.01%)
National Silk / Mar 19 The National Silk & Rayon Mills Limited(NSRM)	33.82 ▼ -3.49 (-9.35%)
Khalid Siraj / Mar 19 Khalid Siraj Textile Mills Limited(KSTM)	8.70 ▼ -0.83 (-8.71%)
Sec. Inv. Bank / Mar 19 Security Investment Bank Limited(SIBL)	7.05 ▼ -0.65 (-8.44%)
Bank of Khyber / Mar 19 The Bank of Khyber(BOK)	15.65 ▼ -1.44 (-8.43%)
Sindh Modaraba / Mar 19 Sindh Modaraba(SINDM)	10.62 ▼ -0.88 (-7.65%)
Chashma / Mar 19 Chashma Sugar Mills Limited(CHAS)	70 ▼ -5.52 (-7.31%)
J.K.Spinning / Mar 19 J.K. Spinning Mills Limited(JKSM)	67.55 ▼ -5.28 (-7.25%)

Stock	Volume
Pak Int.Bulk / Mar 19 Pakistan International Bulk Terminal(PIBTL)	59,131,134 ▲ 0.41
B.O.Punjab / Mar 19 The Bank of Punjab(BOP)	36,470,727 ▲ 0.33
Pak Elektron / Mar 19 Pak Elektron Limited(PAEL)	35,824,044 ▲ 3.45
WorldCall Telecom / Mar 19 Worldcall Telecom Limited(WTL)	30,598,551 ▲ 0.09
Fauji Cement / Mar 19 Fauji Cement Company Limited(FCCL)	28,970,465 ▲ 1.27
TRG Pak Ltd / Mar 19 TRG Pakistan Limited(TRG)	28,205,240 ▲ 3.58
Pak Refinery / Mar 19 Pakistan Refinery Limited(PRL)	21,542,769 ▲ 0.22
Hub Power Co. / Mar 19 The Hub Power Company Limited(HUBC)	16,382,978 ▲ 6.79
K-Electric Ltd. / Mar 19 K-Electric Limited(KEL)	16,372,163 ▲ 0.03
Hascol Petrol / Mar 19 Hascol Petroleum Limited(HASCOL)	16,038,149 ▲ 0.18

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