005930.KS - Samsung Electronics Co., Ltd.
| Previous Close | 71,700.00 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 0.00 - 0.00 |
| 52 Week Range | |
| Volume | |
| Avg. Volume | 13,519,772 |
| Market Cap | 423.854T |
| Beta (5Y Monthly) | 0.94 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Jul 26, 2023 - Jul 31, 2023 |
| Forward Dividend & Yield | 1,444.00 (2.01%) |
| Ex-Dividend Date | Mar 30, 2023 |
| 1y Target Est | 81,556.00 |
ReutersNo handouts to big firms to offset global tax, OECD tells Vietnam
The Organisation for Economic Cooperation and Development told Vietnam last week that handouts to big firms to offset higher levies under a global overhaul of tax rules would be problematic, a person familiar with the discussions said. Reuters exclusively reported last week that Vietnam was planning subsidies worth hundreds of millions of dollars to partly compensate multinationals with big investments in the country, including Samsung Electronics and Intel, for the higher taxes they will face from next year. Under the new rules shepherded by the OECD, companies paying less than 15% in a low-tax jurisdiction will from January face a top-up levy either in that jurisdiction or in their home country.
BloombergLaptop Makers Bet on Better Display Tech to Rekindle Sales
(Bloomberg) -- PC makers from Lenovo Group Ltd. to Samsung Electronics Co. are pinning their hopes for reviving laptop sales on upgraded displays.Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blankets NYCDam Destroyed in the Dead of Night Upstages Ukraine’s CounteroffensiveGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000
ReutersExclusive-Vietnam eyes multi-million-dollar handouts to Samsung, others to offset global tax -source
Samsung and other foreign companies are pushing Vietnam to introduce a multi-million-dollar reform that would compensate them for higher levies they face from next year under a global overhaul of tax rules, a source involved in the talks said. The discussions precede the introduction from January of a minimum tax rate of 15% for large multinationals under a landmark global reform led by the Organisation for Economic Cooperation and Development (OECD). Vietnam has committed to comply with the OECD rule, effectively raising the tax rate to 15% for many of the multinationals operating in the country and who are currently taxed at a much lower rate thanks to various sweeteners.
ReutersSouth Korea asks US to review China rule for chip subsidies
South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules to limit chip investment in countries such as China, a U.S. public filing showed. In March, the U.S. commerce department proposed rules to prevent China and other countries it deems to be of concern from tapping funds of $52 billion earmarked for semiconductor manufacturing and research under the so-called CHIPS Act. A leading chipmaker and major investor in the U.S. chip sector, South Korea asked the United States to review the rule that prevents recipients of U.S. funding from building new facilities in such countries, beyond 5% of existing capacity.
Yahoo Finance UKHow the US-China microchip battle is impacting stocks in the sector
Investors monitor Micron stock ahead of Wall Street opening following damaging comments from Beijing.
ReutersAnalysis-China's Micron ban highlights chipmakers' dilemma as Sino-U.S. tensions grow
SEOUL (Reuters) -China's ban on the use of U.S.-based Micron Technology's chips in certain sectors, announced on Sunday, is a stark reminder of risks facing the global chip industry as it braces for escalating Sino-U.S. trade tensions. China's move against Micron, the biggest U.S. memory chipmaker, was widely seen as retaliation for Washington's efforts to restrict Beijing's access to key technology. It came just a day after the Group of Seven (G7) rich nations agreed they would look to "de-risk, not decouple" from China, and as Washington pressures its allies to join it in restricting chip equipment exports to China.
ReutersSamsung not planning to replace Google with Bing in phones - WSJ
Samsung has suspended an internal review that explored replacing Google with Bing on its web-browsing app, which comes pre-installed on the company's smartphones, according to the report. Google and Samsung did not respond to Reuters requests for comment.
BloombergApple, Samsung Looking to Expand in India, Minister Says
(Bloomberg) -- Apple Inc. and Samsung Electronics Co. are among companies interested in increasing electronics production in India, a minister said, a boon for the country’s push to challenge neighboring China as a manufacturing hub.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofLuxury Stocks Lose $30 Billion in One Day on Demand
The IndependentGlobal Accessibility Awareness Day 2023: Apple and Samsung launch ‘groundbreaking’ AI features
New features to help visually and hearing impaired people, as well as those with cognitive disabilities
ReutersJapan arranging subsidies for Samsung chip facility -source
Japan is arranging subsidies that could be worth around 15 billion yen ($110 million) to South Korea's Samsung Electronics Co for a chip facility it is considering setting up near Tokyo, a source with direct knowledge of the matter said. Samsung, the world's largest maker of memory chips, would construct the facility including its first chip packaging test line in Japan near its existing research and development centre in Yokohama, Reuters reported in late March. The tech firm's investment would come at a time of easing tensions between Japan and South Korea as the United States urges its allies to work together to counter China's rising might in chips and other technologies.
ReutersExclusive-LG Display to supply OLED TV panels to Samsung Elec - sources
SEOUL (Reuters) -South Korea's LG Display Co Ltd will start supplying high-end TV panels to Samsung Electronic Co Ltd from as early as this quarter, three sources said, in a deal that would help the loss-making flat-screen maker turn profitable. LG Display aims to supply 2 million units next year and boost shipments to 3 million and 5 million units in subsequent years, two sources with direct knowledge of the matter said. Initial supplies to Samsung would likely be 77-inch and 83-inch white OLED (WOLED) TV panels.
BloombergApple Is Now the Only Major Phone Brand Without a Foldable
(Bloomberg) -- Apple Inc. is now alone among global smartphone brands without a foldable device in its portfolio, putting it on the sidelines of a trend that promises to generate tens of billions of dollars in coming years.Most Read from BloombergMichael Burry Doubles Alibaba Stake in Big Bet on China TechA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of Victo
BloombergUS Chip Imports Jump 13% as Supply Lines Shift
(Bloomberg) -- The value of US semiconductor imports grew 13% over the first three months of this year, showing there’s a long way to go before the country can satisfy its chip needs at home.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffTurkey Set for Runoff as Erdogan Falls Just Short of VictoryMichael Burry Doubles Alibaba Stake in Big Bet on China TechChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubS&P ETF Barely Budges on Yelle
BloombergGoogle Enters Foldable Market With $1,799 Pixel Phone to Rival Samsung
(Bloomberg) -- Alphabet Inc.’s Google introduced a $1,799 foldable smartphone, a new entry-level Pixel phone and a tablet for the home, its latest attempt to spark hardware sales in an arena saturated by Apple Inc. and Samsung Electronics Co.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Ties SourTucker Carlson’s Twitter Move Wipes $235 Million From RumbleUS Inflation Shows Signs of Moderating, Giving
BloombergTencent, TSMC Shunned by $3.2 Billion Fund Citing Valuations
(Bloomberg) -- A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations fail to reflect economic and political challenges.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Mi
BloombergOne Man Tries the Impossible in Restoring Japan’s Chip Industry
(Bloomberg) -- Tetsuro Higashi is taking on what seems like an impossible task: Create a globally competitive semiconductor manufacturer in Japan from scratch – and do it in four years.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsSea’s Path to Profit Paved With Layoffs, Single-Ply Toilet PaperJeffrey Epstein Keeps Haunting Wall Street Long After His DeathThe 73-year-old isn’t deterred. He argues the ne
BloombergSeoul Sees US Extending China Export Waivers for its Chipmakers
(Bloomberg) -- South Korea expects Washington to extend a waiver on the shipment of advanced chipmaking equipment to China, allowing SK Hynix Inc. and Samsung Electronics Co. to get the gear they need to maintain operations in the world’s second-biggest economy.Most Read from BloombergTurkey Latest: Erdogan Vote Below 50% Needed to Win ElectionRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning
- Thomson Reuters StreetEvents
Q1 2023 Universal Display Corp Earnings Call
Q1 2023 Universal Display Corp Earnings Call
BloombergSamsung Union Warns of Historic Walkout as Slump Persists
(Bloomberg) -- Samsung Electronics Co. faces its first-ever labor strike after an influential union threatened to stage a walkout to protest wages and the company’s alleged attempts to block labor organization.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapVanguard’s T
BloombergAI Disruption Deepens With Chegg Plunge, IBM Hiring Halt, Samsung Chatbot Ban
(Bloomberg) -- The speed of disruption brought on by a worldwide rush into artificial intelligence was on full display this week, sending shares of education-technology company Chegg Inc. plunging, leading IBM to halt some hiring and prompting a chatbot ban at Samsung Electronics Co.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollItaly Intends to Exit China Belt and Road Pact as Relations SourGoldman
BloombergSamsung Bans Staff’s AI Use After Spotting ChatGPT Data Leak
(Bloomberg) -- Samsung Electronics Co. is banning employee use of popular generative AI tools like ChatGPT after discovering staff uploaded sensitive code to the platform, dealing a setback to the spread of such technology in the workplace. Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffGoldman to Pay $215 Million to End Case on Underpaying WomenTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePolice Raid Consulting Firm
ReutersU.S. and South Korea agree to minimise chipmakers' uncertainties on subsidy requirements -ministry
The U.S. secretary of commerce and her South Korean counterpart agreed to "minimise uncertainties" of chipmakers' investments amid new U.S. semiconductor subsidies, Korea's industry ministry said on Friday. Companies such as Samsung Electronics and SK Hynix, the world's No. 1 and No. 2 memory chipmakers, are concerned about the criteria for subsidies from the CHIPS Act, South Korean President Yoon Suk Yeol has said. Industry Minister Chang-Yang Lee asked Secretary of Commerce Gina Raimondo to help resolve chipmakers' uncertainties about subsidy requirements, such as providing "excessive" corporate information and sharing excess profit with the U.S. government, the ministry said in a statement.
Yahoo Finance VideoSilicon Wars: Inside the battle for market share in the chip space
Yahoo Finance’s Daniel Howley joins the Live show to discuss the battle for market share in the chip space amid declining chip demand.
BloombergSamsung Looks Past $3.4 Billion Chip Loss To Late 2023 Recovery
(Bloomberg) -- Samsung Electronics Co. posted a record $3.4 billion loss at its pivotal memory chip division, but said it expects the global tech industry to begin emerging from its downturn later this year.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinPacWest Is Weighing Strategic Options, Including Possible SaleNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItBanker Pay Surges For Those Willing to Work in Saudi ArabiaUS Looks Past India’s Righ
- Investing.com
Asian stocks edge lower amid weak earnings, economic uncertainty
Investing.com -- Most Asian stocks fell further on Thursday, coming under pressure from a round of weak regional earnings, while concerns over slowing economic growth and a potential U.S. banking crisis eroded sentiment.