Big news to come out of South Korea last week was Samsung’s Jae-yong Lee (JY Lee) receiving a 30-month prison sentence from an appeals court. Considering Lee as the de facto leader of the Samsung Group and after his father’s recent passing, it was expected that he would file an appeal with the Supreme Court […]
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Samsung announces earnings guidance for Q4 2020
It’s the month after the end of another quarter and as expected, Samsung has announced the earnings guidance for Q4 2020. According to the estimates based on K-IFRS, Samsung’s consolidated sales and operating profit stood is in the range of 61 trillion won and 9 trillion won respectively. This approximate figure is higher than the […]
Samsung founder’s son, Lee Kun-hee dies
Samsung today confirmed that its chairman, Lee Kun-hee (left) passed away died on Sunday. The cause of his death is not clear but Lee Kun-hee, 78, was bedridden and out of public limelight after suffering a heart attack six and a half years ago. Lee is the person for Samsung’s success that we see today. […]
Samsung releases Earnings Guidance for Q2 2020
Every quarter Samsung releases earnings guidance to give media, analysts and investors an idea as to how the company performed in the recently concluded quarter. Today, Samsung has released the same for Q2 2020 and the figures based on K-IFRS, Samsung estimates the consolidated sales to reach 52 trillion Korean won and consolidated operating profit […]
Samsung turns to WhatsApp for Indian and Brazilian customers
This global pandemic has changed a lot of things and it seems companies are figuring out new ways to reach out to their customers. Samsung India today announced that customers can reach them on their WhatsApp support number 1800-5-SAMSUNG (1800-5-7267864) that will allow Samsung customers to register themselves and avail number of services like technical […]