Samsung to build new chip plant

Samsung Electronics Co plans to invest 15.6 trillion won ($15 billion) on a new South Korean semiconductor plant to meet the growing demand for chips that power smartphones, tablets, appliances and wearable devices.


Verdict against Samsung stands

Following additional deliberations, a US jury left the total damages to be paid by Samsung to Apple unchanged at US$119.6 million. In the latest Apple versus Samsung trial, the Cupertino-company accused the South Korean


Samsung prepares for weak smartphone growth

With Apple challenging its domination in China, Samsung is bracing for the weakest growth in its smartphone profits since 2007. Samsung’s mobile devices business, which accounts for two thirds of the Korean firm’s profit,