Latest Samsung Electronics Co Ltd News

AP Explains: US sanctions on Huawei bite, but who gets hurt?

May. 21, 2019 2:57 PM EDT

Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear. U.S. companies that supply the Chinese tech powerhouse with computer chips face a drop in sales, and Huawei's smartphone sales could get decimated with the anticipated loss of Google's popular software...

US delay to Huawei ban gives tech sector time to adjust

May. 21, 2019 2:20 PM EDT

The United States is delaying some restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on Huawei smartphone owners and smaller U.S. telecoms providers that rely on its networking equipment. The Trump administration insists the sanctions are unrelated...

AP Explains: US sanctions on Huawei bite, but who gets hurt?

May. 21, 2019 2:25 AM EDT

Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear. U.S. companies that supply the Chinese tech powerhouse with computer chips saw their stock prices slump Monday, and Huawei faces decimated smartphone sales with the anticipated loss of Google's popular...

Huawei apt to be stripped of Google services after US ban

May. 20, 2019 7:06 PM EDT

Huawei could quickly lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse. The Trump administration's move, which effectively bars U.S. firms from selling components and software to...

Economic sanctions on Huawei could backfire on US firms

May. 16, 2019 6:53 PM EDT

The Trump administration's decision to restrict all U.S. technology sales to Chinese telecommunications powerhouse Huawei for national security reasons doesn't just up the ante in the China trade war. It's also bound to hurt U.S. suppliers and accelerate Beijing's drive toward greater technological independence....

Huawei exec: Possible US market curbs have little impact

May. 15, 2019 6:44 AM EDT

BEIJING (AP) — A Huawei executive said Wednesday that possible new U.S. restrictions on market access will have little impact on the Chinese tech giant due to its global reach. David Wang was responding to a Bloomberg News report that President Donald Trump plans to bar phone carriers from using technology...

The Latest: Google unveils privacy plan to limit cookies

May. 7, 2019 5:17 PM EDT

MOUNTAIN VIEW, Calif. (AP) — The Latest on Google conference in California (all times local): 2:15 p.m. Google says it's working to overhaul its Chrome browser to let users limit the number of tracking cookies that follow you around. The privacy-focused announcement from Google comes as tech companies are...

Samsung's 1Q profit slides on falling chip prices

Apr. 29, 2019 10:43 PM EDT

SEOUL, South Korea (AP) — Samsung Electronics Co. said Tuesday its operating profit for the last quarter declined more than 60% from a year earlier because of falling chip prices and sluggish demands for its display panels. The South Korean technology giant said its operating profit for the January-March...

Samsung delays folding phone launch after breaking issues

Apr. 22, 2019 4:58 PM EDT

SAN FRANCISCO (AP) — Samsung is pushing back this week's planned public launch of its highly anticipated, $2000 folding phone after reports that reviewers' phones were breaking. The company had been planning to release the Galaxy Fold on Friday, but instead it will now run more tests and announce a new...

Global stocks subdued as investors eye earnings, data

Apr. 18, 2019 7:51 AM EDT

BEIJING (AP) — Stock markets were subdued Thursday as investors digested corporate earnings reports and mixed economic data, with some traders in Europe preparing for a long weekend. London's FTSE 100 fell 0.1% to 7,460 and Frankfurt's DAX rose 0.5% to 12,208. France's CAC 40 gained 0.3% to 5,576. A survey...