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Softbank’s Son had ‘good discussion’ with chiefs of Samsung, OpenAI

Seoul, Feb 4 (IANS) SoftBank Group head Masayoshi Son said on Tuesday he had a “very good discussion” with Samsung Electronics Co. Chairman Lee Jae-yong and OpenAI chief Sam Altman, as the three gathered to discuss artificial intelligence (AI) cooperation in the midst of the rapidly changing industrial landscape. The rare trilateral meeting took place […]

Samsung’s Q4 net profit rises over 20 pc despite waning chip demand

Seoul, Jan 31 (IANS) Samsung Electronics said on Friday its fourth-quarter net income rose more than 20 per cent from a year earlier despite the waning global demand for memory chips, beating market expectations. Its net income totalled 7.75 trillion won ($5.4 billion) for the October-December period, up 22.2 per cent from 6.34 trillion won […]

CES 2025: Samsung Display to unveil foldable, OLED screens for IT devices, cars

Seoul, Jan 5 (IANS) Samsung Display, a screen-making subsidiary of Samsung Electronics, said on Sunday it will unveil a versatile lineup of foldable and organic light-emitting diode (OLED) displays at the upcoming CES 2025, aiming to expand its presence beyond smartphones into the IT and automotive sectors. The company’s flagship foldable panels for IT devices […]

CES 2025: LG Electronics, Samsung bet big on AI

Seoul, Jan 2 (IANS) LG Electronics said on Thursday it plans to introduce its new mobility experience (MX) platform at the upcoming consumer electronics show (CES) 2025, showcasing how artificial intelligence and Internet of Things (IoT) technologies can transform cars into personalised, multifunctional spaces. The MX platform aims to create a personalised space that can […]