Samsung SDS, the IT services arm of the South Korean tech behemoth, is setting its sights on a new frontier in technology: artificial intelligence. With plans to establish its first AI-focused data center, Samsung is poised to tap into the surging global demand for AI computing power, marking a significant milestone in its expansion strategy. […]
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Samsung’s Q1 2024 Earnings Guidance hints at a good financial quarter
Samsung today announced its earnings guidance for the first quarter of 2024 and the quarter seems to have ended positively for the Korean giant. According to the guidance, Samsung’s consolidated sales reached approximately 71 trillion Korean won and operating profit up to 6.6 trillion Korean won. These estimates based on K-IFRS beat the previous quarter’s […]
Samsung BKC is company’s first lifestyle store in India
Not to be outdone by Apple with their exclusive store, Samsung this week opened their first Online-to-Offline (O2O) lifestyle store in India at Jio World Plaza mall, not far away from Apple’s store. Samsung has a strong physical presence in the country but with this store, Samsung aims to offer customers curated experiences and real-life […]
Samsung releases Earnings Guidance for Q2 2022
Right on time, Samsung has announced its earnings guidance for the recently concluded second quarter. Based on the K-IFRS estimates, Samsung expects the consolidated sales to be around 77 trillion Korean won and an operating profit of about 14 trillion Korean won. These figures are certainly a good sign for the Korean company as we […]
Samsung releases Earnings Guidance for Q4 2021
Samsung has announced its earnings guidance for the recently concluded quarter. According to the figures based on K-IFRS, Samsung’s Q4 2021 consolidated sales will be in the range of 76 trillion Korean won while the operating profit will hover in the range of 13.8 trillion won. The estimates also include the one-time special bonus payment […]