|Bid||205,000.00 x 0|
|Ask||205,500.00 x 0|
|Day's Range||202,000.00 - 220,500.00|
|52 Week Range||104,500.00 - 234,000.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1,000.00 (0.78%)|
|1y Target Est||N/A|
SEOUL (Reuters) - Samsung Group affiliate Samsung SDI will be forced to sell Samsung C&T shares worth about 522 billion won ($483 million) after South Korea's antitrust agency said on Thursday it would ...
Investors confused about whether upstart Tesla or auto incumbents like General Motors, Nissan Motor, or Volkswagen will prevail in the electric-vehicle wars already have discovered the shares of companies ...
Samsung Electronics Co Ltd on Thursday announced a new chief financial officer (CFO) to be in charge of one of Asia's biggest corporate cash piles, and said it will create a body within the firm to coordinate with tech affiliates. New CFO Roh Hee-chan will oversee some 76 trillion won ($68.27 billion) in cash and cash equivalents as at September-end, which was 8 percent more than three months earlier. Roh was previously CFO of subsidiary Samsung Display Co Ltd.
The U.S. energy storage market fell 11 percent in the second quarter as utilities connected fewer large projects to the grid, but batteries deployed in homes and businesses hit a record thanks to state incentives in California and Hawaii and lower prices on the technology. More than 40 percent of that was installed in homes and businesses, up from just 9 percent in the first quarter.
Samsung said the fire at its Chinese battery plant didn’t affect the production line, adding that the fire was confined to an area of the factory that handles waste batteries.
After the damaging recall of its fire-prone Note 7 smartphone, you could be forgiven for thinking Samsung Electronics Co Ltd would make a song and dance about battery safety in its new flagship phones, due to be launched in the United States on Wednesday. The company has also this month put a long-time mobile executive in charge of a new product quality improvement office, and affiliate Samsung SDI Co Ltd has invested 150 billion won ($135 million) on improving battery safety.
The European Union's top court upheld fines of 150.8 million euros ($159.1 million) imposed on Korea's Samsung SDI and subsidiaries for participating in cartels to fix the prices of cathode ray tubes used in televisions and as computer monitors. The European Commission imposed fines totaling 1.47 billion euros on a group of companies including Philips, LG Electronics and Panasonic in 2012 for participating in cartels in the market of cathode ray tubes between 1996/97 and 2006.
South Korea's Samsung SDI Co Ltd said on Tuesday that Jun Young-hyun, the head of memory business at Samsung Electronics Co Ltd, has been chosen as its new CEO. Samsung SDI said in a statement that Jun ...
South Korea's Lotte Group said Chinese authorities have halted construction at a multi-billion dollar real estate project after a fire inspection, amid worries in Seoul that Beijing is retaliating against the country's plans to host a U.S. missile defense system. Separately on Wednesday, Hyundai Motor said it may procure electric vehicle batteries from Chinese companies for a planned China model after South Korean battery makers failed to make a list of approved vendors last year.
South Korea said on Monday it will strengthen lithium-ion battery safety requirements and conduct regular inspections to avoid repeats of fires which forced Samsung Electronics Co Ltd to withdraw its premium Galaxy Note 7 handset. Manufacturers of lithium-ion batteries, commonly used in portable devices, would be subjected to greater oversight and regular inspections, the Ministry of Trade, Industry and Energy said in a statement. Devices using lithium-ion batteries also would be subjected to more regular safety tests, it added.
German car parts maker Bosch reported a slide in profits for 2016 as it invested in the development of products for connected and electric vehicles. Underlying operating profit fell 6.5 percent to 4.3 billion euros ($4.6 billion) last year, the group said on Friday, pushing the operating margin down to 5.8 from 6.5 percent, sliding further from Bosch's medium-term target for 8 percent. Privately owned Bosch has been investing in technologies such as intelligent systems that cut down on how much power electric cars use, while divesting traditional industrial products such as starter motors and generators.