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Samsung Electronics invests $175 million in Element Biosciences' Series E funding round
Samsung Electronics invests $175 million in Element Biosciences' Series E funding round June 9 : Privately held Element Biosciences said on Tuesday it had raised funds in an upsized Series E round, including $175 million from longtime investor Samsung Electronics, to expand commercialization of its genetic testing and research products. The San Diego-based company did not disclose the total size of the round or its valuation. It also did not name the other investors.
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives (Corrects to Huang in second reference in paragraph 4) SEOUL, June 1 : Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday, as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in AI and robotics. Chipmaker Samsung Electronics was also buoyed by data that South Korea's semiconductor exports surged to a record high in May on...
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives SEOUL, June 1 : Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday, as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in AI and robotics. Huang is expected to visit South Korea later this week and meet LG Group Chairman Koo Kwang-mo and other Korean executives, a person with knowledge of the matter said. Nvidia also...
Samsung Unions Approve Pay Deal That Highlights Inequality of A.I. Age
Choi Seung-ho, right, head of the Samsung Electronics Labor Union, celebrated with a Samsung executive after signing a tentative agreement earlier this month in Suwon, a city south of Seoul.
Samsung Unions Approve Pay Deal That Highlights Inequality of A.I. Age
Choi Seung-ho, right, head of the Samsung Electronics Labor Union, celebrated with a Samsung executive after signing a tentative agreement earlier this month in Suwon, a city south of Seoul.
Samsung Sponsor Spotlight
Federico Casalegno, Executive Vice President of Design at Samsung Electronics speaks with Bloomberg’s Kate Moriarty about design innovation and AI-enabled experiences at Bloomberg Tech 2026 in San Francisco.
Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names
Asian tech stocks extended their sell-off Monday, as investors sour on global AI-linked plays with the U.S. tech-heavy Nasdaq declining more than 4.5% last week. Memory chip behemoths and heavyweights on South Korea's Kospi Index Samsung Electronics and SK Hynix fell 5% and 2%, respectively. The Kospi plunged as much as 8% as the two companies make up over 40% of the index.
Samsung, SK Rally Sparks Forced Selling as Funds Hit Limits
The logo of Samsung Electronics is seen on a gate at the company's headquarters in Suwon on May 22, 2026. Samsung labour union members will begin voting on May 22, on a tentative wage deal that could deliver hefty bonuses to chip workers and helped avert a major strike at the South Korean tech giant this week. (Photo by Jung Yeon-je / AFP via Getty Images)
Samsung workers secure $400,000 bonus deal on AI profits
Unionised workers at Samsung Electronics in South Korea approve a landmark profit-sharing deal, putting them in line for bonuses averaging $400,000. The agreement with the world's largest memory chipmaker avoids a strike that had threatened the global supply chain. Workers had demanded a bigger slice of the tech giant's surging profits amid the AI boom.Also: Israel says it has killed the new head of Hamas' military wing, just days after targeting his predecessor.
Samsung's shares surge as much as 6% after company ships next-generation AI memory chip samples
Shares of Samsung Electronics surged after the company began shipping HBM4E chip samples to its customers globally.