SAM

Oct 09 2024BUSINESS

Samsung's Top Boss: No Spin-Offs for Chip Businesses

Last week, rumors suggested that Samsung might spin off its contract chip manufacturing business. However, the company's CEO, Jay Y. Lee, has laid these rumors to rest. Speaking to Reuters, Lee confirmed that neither the foundry business nor the logic chip designing business will be spun off. Instea

reading time less than a minute
Oct 08 2024SPORTS

Playing Off the Script with Perine and Kelce

Running back Samaje Perine has only been with the Chiefs for a short while, but he’s already learned a valuable lesson: keep your eyes peeled when tight end Travis Kelce has the ball. The Chiefs’ victory over the Saints on Monday night featured a play that caught everyone's attention. Kelce caught a

reading time less than a minute
Oct 08 2024TECHNOLOGY

Snag a Galaxy S24 Ultra: Samsung's Prime Day Deal

Ever dreamed of owning a top-tier smartphone without breaking the bank? Samsung is making that dream a reality with their Prime Day deal on the Galaxy S24 Ultra. Head over to their official website, and you might score a massive discount – we're talking up to $300 off! But hold onto your hats, becau

reading time less than a minute
Oct 08 2024BUSINESS

Samsung Keeps Foundry Business, Eyes Stronger Chip Future

Samsung has hit some bumps in the road with its foundry business. Despite trying to catch up to TSMC, the company is struggling with poor yields, especially for its 3nm GAA wafers. Rumors swirled that Samsung might spin off its foundry and logic chip designing operations. But a Samsung executive has

reading time less than a minute
Oct 08 2024BUSINESS

Samsung's AI Setback: What Went Wrong and What's Next?

Samsung is having a rough patch in the AI chip market, especially with its HBM segment. The company admitted it couldn't land a major client like NVIDIA. This delay, along with increased competition from rivals like SK hynix and TSMC, hurt Samsung's earnings. Samsung blames its late entry into the

reading time less than a minute
Oct 08 2024BUSINESS

FTX Gets Court Nod to Repay Customers

FTX has officially received the green light from a bankruptcy court to start repaying its customers. The plan, approved on Monday, is set to use up to $16.5 billion in assets that the company managed to recover after its collapse. The court praised FTX for handling the complex bankruptcy process eff

reading time less than a minute
Oct 08 2024BUSINESS

Crypto Exchange FTX: A Big Payback Is on the Way

After FTX crumbled in late 2022, many thought their money was gone forever. But recently, a court gave the thumbs-up on a whopping $14 billion U.S. dollars payback plan. This means creditors (people who lent money to FTX) are in for a nice surprise. They'll get all their money back—plus some extra!

reading time less than a minute
Oct 07 2024TECHNOLOGY

Samsung's Latest Galaxy S24 FE: What You Need to Know

Samsung has just made the Galaxy S24 FE available in India. This new Fan Edition phone comes with impressive features and a price tag that matches its predecessor. You can choose between 8GB of RAM with 128GB or 256GB of storage. The 8GB+256GB model costs slightly more, but comes with some great bon

reading time less than a minute
Oct 07 2024TECHNOLOGY

Six Years of Updates for Samsung's Mid-Range Phones: A Game Changer

Imagine buying a mid-range Samsung Galaxy phone and knowing that it will get software updates for six years. That's what Samsung has promised with their new policy, starting with the Galaxy A16 5G. This is big news for those who love to keep their phones up-to-date without breaking the bank. The Ga

reading time less than a minute
Oct 07 2024TECHNOLOGY

Why Korean AI Firms are Switching to TSMC for Their Chips

Lately, some big names in the South Korean AI scene have been turning away from Samsung's foundry and towards Taiwan Semiconductor Manufacturing Company (TSMC). This change is happening because Samsung has hit a few bumps, especially with their 3nm technology. Take Furiosa AI for instance. They use

reading time less than a minute