Trends - Samsung Electronics - Business Recorder

Samsung Electronics

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

Technology

Samsung Electronics flags 35% drop in Q4 profit, well below market consensus

SEOUL: Samsung Electronics Co Ltd reported a likely 35% drop in fourth-quarter operating profit on Tuesday, much...

Published 09 Jan, 2024 10:29am

Technology

Samsung to set up chip packaging research facility in Japan

TOKYO/SEOUL: South Korea’s Samsung Electronics will invest around 40 billion yen ($280 million) over five years in a...

Published 21 Dec, 2023 10:25am

Business & Finance

Samsung Electronics says Q3 operating profits down

SEOUL: South Korea’s Samsung Electronics said Tuesday that its operating profits for the July to September period...

Published 06 Nov, 2023 05:27am

Technology

Samsung Electronics says Q3 operating profits down 77.57%

SEOUL: South Korea’s Samsung Electronics said Tuesday that its operating profits for the July to September period...

Published 31 Oct, 2023 12:24pm

Technology

Samsung to extend production cuts after $7bn chip loss in H1

SEOUL: Samsung Electronics on Thursday struck a cautious note on the global semiconductor outlook, announcing plans...

Published 27 Jul, 2023 10:52am

Technology

Samsung unveils new foldable phones to challenge Apple’s premium dominance

SEOUL: Samsung Electronics unveiled its latest foldable smartphones on Wednesday, keeping prices around the same...

Published 26 Jul, 2023 05:29pm

Business & Finance

Samsung expects Q2 profit to plunge more than 95pc

SEOUL: Samsung Electronics said Friday it expects second-quarter operating profits to fall more than 95 percent...

Updated 10 Jul, 2023 07:52am

Technology

Samsung bans use of ChatGPT for mobile, appliances staff

SEOUL: Samsung Electronics is banning employees in its mobile and appliances division from using generative AI...

Published 02 May, 2023 03:14pm

Technology

Samsung flags H2 recovery after record chip loss in Q1

SEOUL: Samsung Electronics Co Ltd flagged a gradual recovery for chips in the second half of the year after its...

Published 27 Apr, 2023 09:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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