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Samsung Electronics

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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