Tag: Samsung Electronics Co.

Samsung
April 16, 2024 BY Elizabeth Anderson

$6.4bn White House Funding for Samsung

The tech company will receive as much as $6.4bn from the US Department of Commerce to realise this development. Based on CNBC information, this funding is part of the capital dedicated to the overall cluster, and the scheme might exceed $40bn. The CHIPS and Science Act, which aims to revive the local manufacture of computer…

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Samsung
April 05, 2024 BY Robert Bell

Samsung Boosted by Rising Chip Prices

These profits were driven, in part, by semiconductor prices bouncing back after they dropped significantly last year and the demand for artificial intelligence products. SSNLF is the biggest memory chip maker in the world, and they’ve estimated their operating profit for Q1 at 6.6tn won ($4.89bn /$ 7.45bn AUD), which is better than the 5.7tn…

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