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Samsung Electronics Co., Ltd. (005930.KS)

77,600.00

-2,000.00

(-2.51%)

At close: 3:30 PM GMT+9

The Score: Tesla, United Airlines, Netflix and More Stocks That Defined the Week

Tesla is slashing its workforce. The electric-vehicle maker plans to cut more than 10% of its staff globally, The Wall Street Journal reported on Monday. Two top executives also said on Monday that they were leaving the company.

The Wall Street Journal 1 hour ago

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TSLA
20 Best Cheap Phones for 2024

In this article, we will look at the 20 best cheap phones for 2024. If you want to skip our detailed analysis, you can go directly to the 5 Best Cheap Phones for 2024. Overview of the Global Smartphone Industry The global smartphone industry is one of the fastest evolving industries and experiences regular updates […]

Insider Monkey 8 hours ago

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AAPL

XIACY
DEEPX Expands First-Generation AI Chips into Intelligent Security and Video Analytics Markets

DEEPX, an on-device AI semiconductor company, is announcing plans to expand its first-generation AI chip lineup to focus on the intelligent video analytics and security system market — an expansion driven by key business alliances with global physical security companies, physical security device OEM/ODMs, and IDH companies. To this end, the company recently had an exclusive booth at ISC West (The International Security Conference and Exposition), the world's largest security exhibition held from

PR Newswire 11 hours ago

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Samsung tells its executives to work a 6-day week to ‘inject a sense of crisis’ after posting its worst financial year in over a decade

At Samsung, a five-day workweek apparently isn’t enough to get the job done. Now its executives will have to work weekends too.

Fortune 12 hours ago

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Samsung Fell Behind on Chips. Now It’s Fighting Back.

The Korean electronics giant has struggled against Taiwan Semiconductor and SK Hynix. But the game isn’t over yet.

Barrons.com yesterday

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TSM

000660.KS
-4.94%
ASML Orders Dive as Chipmakers Pause High-End Gear Purchases

(Bloomberg) -- ASML Holding NV posted orders that fell short of analysts’ expectations, as Taiwanese and South Korean chipmakers held off buying the Dutch firm’s most advanced machines.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Red Lobster Considers Bankruptcy to Deal With Le

Bloomberg 2 days ago

ASML

TSM

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ASML Orders Miss Forecasts as Chip Makers Await Recovery in Demand

ASML reported lower orders for the first quarter as chip makers wait for demand to recover before securing key production equipment for the coming years.

The Wall Street Journal 2 days ago

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ASML

ASMLF
AI, Yen Are Among Hotspots to Watch in Asia This Earnings Season

(Bloomberg) -- Asia looks ready to turn a corner in quarterly earnings growth this results season, and traders are focusing on key themes to make the most of the opportunity.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?China Tells Iran Cooperation Will Last After Attack on IsraelPowell Signals Rate-Cut Delay After Run of Inflation SurprisesRed Lobster Considers Bankruptcy to Deal With Leases and

Bloomberg 2 days ago

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Where Biden's billions in chipmaking money have gone — and what could be next

President Joe Biden has spent $23 billion of the $39 billion he has to spur chipmaking in the US, spreading it to companies that plan new activities in several states.

Yahoo Finance 3 days ago

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BAESF

BAESY
Britishvolt’s gigafactory site sold off in electric car blow

US private equity investors have bought the site of what had been hoped would become Britain’s first electric car battery gigafactory in a blow to Britain’s net zero ambitions.

The Telegraph 4 days ago

^FTSE

LHA.DE

TSLA
US grants Samsung $6.4B for Texas chipmaking facilities

The Biden administration is awarding Samsung (005930.KS) up to $6.4 billion to build and upgrade its chipmaking facilities in central Texas. The grant was awarded as part of the CHIPS and Science Act, which aims to boost chipmaking in the United States.  In the video above, Yahoo Finance's Seana Smith and Madison Mills discuss the announcement. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.

Yahoo Finance Video 4 days ago

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Apple loses top smartphone sales spot: IDC

The first quarter smartphone sales data from IDC has some bad news for Apple (AAPL). IDC found Apple iPhone shipments fell 9.6% from the same period a year ago, allowing Samsung (005930.KS) to regain the top spot. Overall, global smartphone shipments rose 7.8% year-over-year. In the video above, Yahoo Finance's Madison Mills and Josh Schafer discuss Apple's sales. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.

Yahoo Finance Video 4 days ago

AAPL

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UPDATE 4-US awards Samsung $6.4 billion in grants to boost Texas chip output

The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung to expand its chip production in central Texas as part of a broader effort to boost U.S. chipmaking, the Department of Commerce said on Monday. The funding from the 2022 Chips and Science Act will support two chip production facilities, a research center and a packaging facility, in Taylor, Texas, the agency said, as previously reported by Reuters. It will also enable Samsung to expand its Austin, Texas, semiconductor facility, Commerce Department Secretary Gina Raimondo added, while boosting chip output for the aerospace, defense and auto industries and bolstering national security, administration officials told reporters.

Reuters 4 days ago

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Apple iPhone Shipments Drop 10% in Market Share Battle With Chinese Rivals

China’s Xiaomi shipped 33.4% more smartphones in the first quarter than in the same period a year ago and its market share strengthened.

Barrons.com 4 days ago

AAPL

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XIACY
Apple Faces Worst iPhone Slump Since Covid as Rivals Rise

(Bloomberg) -- Apple Inc.’s iPhone shipments slid a worse-than-projected nearly 10% in the quarter ended in March, reflecting flagging sales in China despite a broader smartphone industry rebound.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsThe company shipped 5

Bloomberg 4 days ago

AAPL

SSNLF
Samsung overtakes Apple for top phonemaker spot: report

Samsung has overtaken Apple as the world's top phonemaker during the first quarter of 2024 as the latter's shipments have dropped around 10%, a report says.

Fox Business 4 days ago

AAPL

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Apple’s Smartphone Sales Slump as China Rivals Rise

Apple’s global smartphone shipments fell sharply in the first quarter, according to a closely followed research firm, toppling the iPhone maker from its perch as the world’s largest phone maker.

The Wall Street Journal 4 days ago

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AAPL
Samsung to Get Up to $6.4 Billion in US Grants for Chip Plants

(Bloomberg) -- The Biden administration plans to award Samsung Electronics Co. as much as $6.4 billion in grants to increase chip production in Texas, as part of US efforts to bolster domestic semiconductor manufacturing.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingElon Wants His Money BackRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainSingapore Loses ‘World’s Best Airport’ Cro

Bloomberg 4 days ago

SSNLF

TSM
US awards Samsung $6.4 billion in grants to boost Texas chip output

(Reuters) -The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung to expand its chip production in central Texas as part of a broader effort to boost U.S. chipmaking, the Department of Commerce said on Monday. The funding from the 2022 Chips and Science Act will support two chip production facilities, a research center and a packaging facility, in Taylor, Texas, the agency said, as previously reported by Reuters. It will also enable Samsung to expand its Austin, Texas, semiconductor facility, Commerce Department Secretary Gina Raimondo added, while boosting chip output for the aerospace, defense and auto industries and bolstering national security, administration officials told reporters.

Reuters 4 days ago

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Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $40 billion. The government support comes from the CHIPS and Science Act, which President Joe Biden signed into law in 2022 with the goal of reviving the production of advanced computer chips domestically.

Associated Press Finance 4 days ago

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Performance Overview

Return	005930.KS	KOSPI Composite Index
YTD	-1.15%	-2.39%
1-Year	+20.25%	+0.65%
3-Year	-1.21%	-18.98%

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Samsung Electronics Co., Ltd. (005930.KS)

The Score: Tesla, United Airlines, Netflix and More Stocks That Defined the Week

20 Best Cheap Phones for 2024

DEEPX Expands First-Generation AI Chips into Intelligent Security and Video Analytics Markets

Samsung tells its executives to work a 6-day week to ‘inject a sense of crisis’ after posting its worst financial year in over a decade

Samsung Fell Behind on Chips. Now It’s Fighting Back.

ASML Orders Dive as Chipmakers Pause High-End Gear Purchases

ASML Orders Miss Forecasts as Chip Makers Await Recovery in Demand

AI, Yen Are Among Hotspots to Watch in Asia This Earnings Season

Where Biden's billions in chipmaking money have gone — and what could be next

Britishvolt’s gigafactory site sold off in electric car blow

US grants Samsung $6.4B for Texas chipmaking facilities

Apple loses top smartphone sales spot: IDC

UPDATE 4-US awards Samsung $6.4 billion in grants to boost Texas chip output

Apple iPhone Shipments Drop 10% in Market Share Battle With Chinese Rivals

Apple Faces Worst iPhone Slump Since Covid as Rivals Rise

Samsung overtakes Apple for top phonemaker spot: report

Apple’s Smartphone Sales Slump as China Rivals Rise

Samsung to Get Up to $6.4 Billion in US Grants for Chip Plants

US awards Samsung $6.4 billion in grants to boost Texas chip output

Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

Performance Overview