Samsung Electronics forecasts major Q2 profit jump | Mint

Samsung Electronics said Friday it expects second-quarter operating profits to rise more than 15-fold on-year as chip prices bounce back and demand for generative AI continues to grow. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate business in Asia’s fourth-largest economy. … Read more

Samsung launches new AI-powered laptop in India

New Delhi: Samsung on Wednesday launched a new laptop – Galaxy Book4 Ultra, equipped with cutting-edge AI-powered technology for ultimate performance, in India. The new laptop will be available in 32GB and 16GB memory variants at a starting price of Rs 233,990 on Samsung.com, and select offline stores. It will be available with a 16-inch … Read more

Tata Electronics signs tech pact with US chip firm for Dholera fabrication plant

New Delhi: Tata Electronics on Tuesday signed a memorandum of understanding (MoU) with California-headquartered semiconductor design and engineering firm Synopsys, to collaborate on various technological verticals. The partnership will see Synopsys’ offerings being used in Tata Electronics’ upcoming $10.9-billion semiconductor fabrication plant, or fab, in Dholera, Gujarat, which was announced on 29 February. As part … Read more