Samsung plans to add about US$1 billion to its investment in Vietnam annually, Chief Financial Officer (CFO) of Samsung Electronics Park Hark-kyu said as he met with Prime Minister Pham Minh Chinh in Hanoi Thursday.

Apple's, opens new tab smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.

Deputy Prime Minister Tran Luu Quang has requested Samsung to help Vietnam train 50,000 semiconductor engineers by 2030.

Samsung's four factories in Vietnam contributed 33% to the South Korean tech giant's $11.8 billion profit in 2023.

Leading South Korean mobile carrier KT Corp. has pulled its advertisements featuring Paris Saint-Germain midfielder Lee Kang-in ahead of their contract’s scheduled conclusion.

South Korea's leading conglomerates LG Electronics, Samsung and SK Hynix have recently disclosed the various year-end bonuses they are giving employees this year.

Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court on Monday in a case about a 2015 merger that prosecutors said was designed to cement his control of the ...

Samsung’s latest offerings, the Galaxy S24, S24+ and S24 Ultra, are available at distributors with prices differences, going up to 27.7% lower than those listed on the company’s website.

Family members of Samsung Electronics chairman Jay Y. Lee have sold 2.8 trillion won (US$2.12 billion) worth of shares in the company and its affiliates to pay inheritance taxes.

South Korean prosecutors sought on Friday a five-year jail term for the boss of Samsung Electronics Jay Y. Lee over charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015.

A Samsung subsidiary based in Ho Chi Minh City has not received a VAT refund of US$44 million for two years due to red tape.

Prime Minister Pham Minh Chinh has asked Samsung Electronics Vietnam to hire more Vietnamese as executives and managers.

Leaders of 205 Korean firms, including Samsung Electronics, SK, Hyundai Motor, LG, and Lotte, are accompanying President Yoon Suk Yeol during a state visit to Vietnam.

The crucial semiconductor industry, that powers everything from personal computers, smartphones to fighter jets, suffered a dismal first quarter as demand plummeted for chips.

Samsung considers Vietnam a global manufacturing hub and wants to make it a center of research and innovation, the South Korean giant’s CFO, Park Hark Kyu, has said.