GSMArena.com
18:48 Thu, 09 Jul
Latest news on Samsung, covering Galaxy smartphones, foldables, semiconductors, memory chips, TVs, appliances and the South Korean tech giant.
Samsung Electronics is the flagship company of the Samsung Group, one of South Korea's largest conglomerates, known locally as chaebols. The business operates through two main divisions: Device eXperience, covering smartphones, TVs and home appliances, and Device Solutions, covering memory chips, processors and foundry manufacturing. Its Galaxy smartphone range, including the S series and Z Fold and Z Flip foldables, competes globally alongside Apple's iPhone. Samsung is also one of the world's largest producers of memory chips, supplying DRAM and NAND to manufacturers worldwide.
Samsung's semiconductor business has benefited from surging demand for high-bandwidth memory used in artificial intelligence processors, supplying chips to major AI accelerator makers. This has driven strong profit growth, though the wider chip industry faces ongoing pressure from US export controls and tariff policy affecting semiconductor equipment and trade with China. Samsung continues to launch new Galaxy devices at its Unpacked events, alongside updates to its One UI software and Galaxy AI features across phones, watches and tablets.
Beyond its products, Samsung plays an outsized role in South Korean society, employing hundreds of thousands of people and shaping the country's export-driven economy. The company runs community and social impact programmes, supports local education and technology initiatives, and remains deeply woven into everyday life in South Korea, where its products and advertising are ubiquitous. Its global presence spans research, manufacturing and retail operations across Asia, Europe and the Americas.
Founded in 1938 as a trading company, Samsung diversified into electronics from 1969 and grew into the sprawling conglomerate it is today, with interests spanning shipbuilding, construction, insurance and biotechnology alongside electronics. The company's history includes a long-running succession dispute within its controlling family, which led to high-profile corruption and bribery cases linked to a former South Korean president. These legal battles have shaped public debate in South Korea around chaebol governance and corporate accountability.
Samsung remains a central player in global technology, from consumer devices to the semiconductor supply chains underpinning artificial intelligence. Stay informed about the latest Galaxy launches, chip industry developments and corporate news with the NewsNow Samsung feed, bringing together headlines from trusted sources as they break.