Samsung http://www.globalpost.com/taxonomy/term/23985/all en UPDATE 2-Samsung sees Q4 profit at $8.3 bln on Note sales, components http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-samsung-sees-q4-profit-at-83-bln-note-sales-components <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Q4 operating profit estimated at record 8.8 trln won</p> <p>* Q4 sales estimated at 56 trln won</p> <p>* Analysts predict handset division profit at 5.8 trln won</p> <p>* Strong handset pipeline, chip recovery to lift 2013 profit<br /> - analysts</p> <p>* Shares open 1 pct lower</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-samsung-sees-q4-profit-at-83-bln-note-sales-components" target="_blank">read more</a></p> Android devices Company Competitor Company Earnings Announcement Company Earnings Guidance Company Technology Electronic engineering Electronics Entertainment Exynos HTC IPhone Person Career Quotation Samsung Samsung Electronics Samsung Electronics Samsung Galaxy S II Smartphones Technology USD Videotelephony Thomson Reuters Tue, 08 Jan 2013 13:55:12 +0000 5731509 at http://www.globalpost.com EXCLUSIVE-Samsung Total strikes Iran oil deal, lured by cheap fuel-sources http://www.globalpost.com/dispatch/news/thomson-reuters/130125/exclusive-samsung-total-strikes-iran-oil-deal-lured-cheap-fuel- <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Buys Iran's Kangan condensate for first time since H1 2012</p> <p>* Replacing Iran's oil slashed profits</p> <p>* Cargo to arrive at South Korean plant in March</p> <p>By Florence Tan and Seng Li Peng and Meeyoung Cho</p> <p>SINGAPORE/SEOUL, Jan 25 (Reuters) - South Korea's Samsung Total Petrochemicals Co has revived a contract to buy Iranian oil after a year's hiatus, as thin margins in plastics make the cheap fuel from Iran hard to resist, people familiar with the deal said on Friday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130125/exclusive-samsung-total-strikes-iran-oil-deal-lured-cheap-fuel-" target="_blank">read more</a></p> Business Economy of Iran Samsung Samsung Total Samsung Total Petrochemicals Co Thomson Reuters Fri, 25 Jan 2013 10:30:19 +0000 5739274 at http://www.globalpost.com EXCLUSIVE-Samsung Total strikes Iran oil deal, lured by cheap fuel-sources http://www.globalpost.com/dispatch/news/thomson-reuters/130125/exclusive-samsung-total-strikes-iran-oil-deal-lured-cheap-fue-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Buys Iran's Kangan condensate for first time since H1 2012</p> <p>* Replacing Iran's oil slashed profits</p> <p>* Cargo to arrive at South Korean plant in March (Adds Total reaction)</p> <p>By Florence Tan and Seng Li Peng and Meeyoung Cho</p> <p>SINGAPORE/SEOUL, Jan 25 (Reuters) - South Korea's Samsung Total Petrochemicals (STC) has revived a contract to buy Iranian oil after a year's hiatus, as thin margins in plastics make the cheap fuel from Iran hard to resist, people familiar with the deal said on Friday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130125/exclusive-samsung-total-strikes-iran-oil-deal-lured-cheap-fue-1" target="_blank">read more</a></p> Business Economy of Iran Samsung Samsung Total Thomson Reuters Fri, 25 Jan 2013 19:15:56 +0000 5739573 at http://www.globalpost.com Samsung chairman wins $4 bn family court case http://www.globalpost.com/dispatch/news/afp/130201/samsung-chairman-wins-4-bn-family-court-case-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Samsung Electronics chairman Lee Kun-Hee won a court ruling Friday against demands from his siblings to hand over billions of dollars in shares in various Samsung Group companies.</p> <p>The court allowed Lee to retain all his shareholdings in the giant conglomerate that members of his family had accused him of hiding from them following the death of his father and Samsung founder Lee Byung-Chul.</p> <p>If the court had found against Lee, 71, it would have forced a restructuring of the complex web of shareholdings across the group's entities and weakened his hold on it.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/samsung-chairman-wins-4-bn-family-court-case-0" target="_blank">read more</a></p> Chaebol Samsung Technology AFP Fri, 01 Feb 2013 08:30:19 +0000 5742656 at http://www.globalpost.com Samsung to pump $1 bn into research, venture fund http://www.globalpost.com/dispatch/news/afp/130204/samsung-pump-1-bn-research-venture-fund <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Samsung announced Monday it was pumping more than $1 billion into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.</p> <p>The electronics giant said it was launching a $1 billion "Samsung Ventures America Fund" and a $100 million "catalyst fund" which will "fuel innovative technologies and business models through all stages of business."</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/samsung-pump-1-bn-research-venture-fund" target="_blank">read more</a></p> Chaebol Samsung Samsung Ventures America Fund Smartphone Technology AFP Mon, 04 Feb 2013 22:00:59 +0000 5745828 at http://www.globalpost.com CORRECTED: Samsung boosts US research, venture fund http://www.globalpost.com/dispatch/news/afp/130204/corrected-samsung-boosts-us-research-venture-fund <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Samsung announced Monday it was pumping more money into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.</p> <p>The electronics giant said it was launching a $100 million "catalyst fund" that will augment its $1 billion Samsung Ventures America Fund and "fuel innovative technologies and business models through all stages of business."</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/corrected-samsung-boosts-us-research-venture-fund" target="_blank">read more</a></p> Chaebol Samsung Samsung Ventures America Fund Smartphones Technology AFP Tue, 05 Feb 2013 00:16:04 +0000 5745879 at http://www.globalpost.com Samsung boosts US research, venture fund http://www.globalpost.com/dispatch/news/afp/130204/samsung-boosts-us-research-venture-fund <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Samsung announced Monday it was pumping more money into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.</p> <p>The electronics giant said it was launching a $100 million "catalyst fund" that will augment its $1 billion Samsung Ventures America Fund and "fuel innovative technologies and business models through all stages of business."</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/samsung-boosts-us-research-venture-fund" target="_blank">read more</a></p> Chaebol Samsung Samsung Ventures America Fund Technology AFP Tue, 05 Feb 2013 00:16:10 +0000 5745881 at http://www.globalpost.com AFP World Economic News Summary http://www.globalpost.com/dispatch/news/afp/130226/afp-world-economic-news-summary <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The top world economic stories on Tuesday:</p> <p>Stocks-forex-Europe,WRAP</p> <p>LONDON: European stock markets slumped and the euro hit a near two-month dollar low as dealers assessed the fallout of Italy's political impasse after elections in the indebted eurozone country.</p> <p>Italy-vote-EU-Commission</p> <p>BRUSSELS: The EU's executive said it had heard "the message of concern" sent by dissatisfied Italian voters but expected the country nevertheless to stick to its pledges of budget cuts and economic reforms.</p> <p>Japan-economy-budget-politics-debt-finance</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130226/afp-world-economic-news-summary" target="_blank">read more</a></p> Chaebol Human Interest Samsung Technology AFP Tue, 26 Feb 2013 13:45:34 +0000 5766971 at http://www.globalpost.com URGENT ¥¥¥ Judge cuts $450 mn from $1 bn Samsung-Apple penalty http://www.globalpost.com/dispatch/news/afp/130301/urgent-judge-cuts-450-mn-1-bn-samsung-apple-penalty <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A judge invalidated some $450 million of a $1 billion award to be paid by Samsung in a landmark patent lawsuit from Apple, saying the calculation came from "an impermissible legal theory."</p> <p>US District Judge Lucy Koh affirmed the remainder of the award, amounting to $598.9 million, in the blockbuster patent infringement case, while denying Apple's request for an increase in damages.</p> <p>soe-rl/oh</p> Samsung USD AFP Fri, 01 Mar 2013 20:46:01 +0000 5771317 at http://www.globalpost.com Samsung set to buy 3% stake in Sharp: report http://www.globalpost.com/dispatch/news/afp/130305/samsung-set-buy-3-stake-sharp-report <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>South Korean electronics giant Samsung is set to buy a three-percent stake in struggling Japanese rival Sharp via a capital increase, a press report said Tuesday, a deal that would give Samsung greater access to smartphone and tablet computer screens.</p> <p>The Japanese economic newspaper Nikkei said in its online edition that Sharp would sell Samsung new shares worth around 10 billion yen (83 million euros, $108 million), and use the funds it earned to bolster its bottom line.</p> <p>An official announcement was expected on Wednesday, Nikkei said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130305/samsung-set-buy-3-stake-sharp-report" target="_blank">read more</a></p> Chaebol Samsung Smartphones AFP Tue, 05 Mar 2013 18:17:09 +0000 5774140 at http://www.globalpost.com URGENT ¥¥¥ Shares in Sharp jump 17% on Samsung tie-up reports http://www.globalpost.com/dispatch/news/afp/130305/urgent-shares-sharp-jump-17-samsung-tie-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Shares in struggling Japanese electronics maker Sharp jumped 17 percent on Wednesday after media reports of a $108-million tie-up with South Korean giant Samsung.</p> <p>Shares in Sharp opened up 17.06 percent at 350 yen on the Tokyo Stock Exchange before easing slightly to 344 yen.</p> <p>mis/hg/jw</p> Samsung AFP Wed, 06 Mar 2013 01:01:22 +0000 5774520 at http://www.globalpost.com Shares in Sharp up 17% on Samsung tie-up reports http://www.globalpost.com/dispatch/news/afp/130305/shares-sharp-17-samsung-tie-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Shares in struggling Japanese electronics maker Sharp jumped 17 percent on Wednesday after media reports of a $108-million tie-up with South Korean giant Samsung.</p> <p>Shares in Sharp opened up 17.06 percent at 350 yen on the Tokyo Stock Exchange before easing slightly to 344 yen.</p> <p>The Nikkei business daily and other media reported Wednesday that Samsung was set to make a capital injection in a deal that would give the South Korean firm greater access to smartphone and tablet computer screens.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130305/shares-sharp-17-samsung-tie-reports" target="_blank">read more</a></p> Business Chaebol Samsung Smartphone AFP Wed, 06 Mar 2013 01:15:50 +0000 5774529 at http://www.globalpost.com Asian markets rise after Dow hits record high http://www.globalpost.com/dispatch/news/afp/130305/asian-markets-rise-after-dow-hits-record-high <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Asian markets rallied Wednesday following a record-breaking performance by shares on Wall Street, with Tokyo and Sydney both hitting multi-year highs.</p> <p>The Dow Jones Industrial Average finished 0.89 percent higher at 14,253.77, beating by nearly 90 points its former record seen on October 9, 2007, just before the onset of the global financial crisis.</p> <p>Tokyo added 1.32 percent by the break and Sydney was 0.96 percent higher, both around highs not seen since September 2008. Hong Kong rose 0.84 percent, Seoul was up 0.31 percent and Shanghai climbed 0.31 percent.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130305/asian-markets-rise-after-dow-hits-record-high" target="_blank">read more</a></p> Business Chaebol Dow Jones Industrial Average Human Interest Samsung AFP Wed, 06 Mar 2013 03:31:00 +0000 5774606 at http://www.globalpost.com URGENT ¥¥¥ Sharp announces $111 mn tie-up with Samsung http://www.globalpost.com/dispatch/news/afp/130306/urgent-sharp-announces-111-mn-tie-samsung <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Japanese giant Sharp on Wednesday announced a $111 million capital injection deal with South Korean rival Samsung, underscoring the fading fortunes of Japan's electronics sector.</p> <p>Sharp, which is scrambling to repair its battered balance sheet, said Samsung would buy 10.4 billion yen ($111 million) worth of new shares, or a three-percent stake in the Japanese firm.</p> <p>si/pb/dan</p> Samsung SAMSUNG USD AFP Wed, 06 Mar 2013 07:30:42 +0000 5774706 at http://www.globalpost.com Samsung Engineering-Azerbaijan http://www.globalpost.com/dispatch/news/yonhap-news-agency/130314/samsung-engineering-azerbaijan <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 14 (Yonhap) -- Samsung Engineering Co., South Korea's largest industrial plant builder, said Thursday that it has secured a US$630 million order to build a fertilizer plant in Azerbaijan in its first deal won in the former Soviet republic.</p> <p>Under the deal with State Oil Company of Azerbaijan Republic, a state-owned oil and gas company in the resource-rich state, Samsung Engineering will build the ammonia and urea complex in Sumgayit, a city 35 kilometers northwest of the Azerbaijan capital city of Baku.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130314/samsung-engineering-azerbaijan" target="_blank">read more</a></p> Chaebol Chemistry Samsung Samsung Engineering Co. Technology Yonhap News Agency Thu, 14 Mar 2013 07:31:15 +0000 5783078 at http://www.globalpost.com