Samsung’s semiconductor plant in Austin, Texas recently reached its targeted capacity of 40,000 wafer per month and it seems a sizeable chunk of the chips produced goes to Apple. According to a report by Reuters, Samsung’s 1.6m sq. ft plant produces Apple’s A5 processor used in the iPhone 4S and iPad 2. The A5 […]
Misc.
Samsung South West Asia CEO Awarded with Man of Electronics 2011 in India
JS Shin, President and CEO of Samsung South West Asia (and India) has been awarded with the Man of Electronics award 2011 by Consumer Electronics and Appliance Manufacturers Association (CEAMA) in New Delhi, India. CEAMA conferred the award to Mr. Shin for his “exceptional all round contribution to the Indian Electronics and Appliances Industry.” […]
Samsung sells 5.7 million TVs in November
Samsung has confirmed that they’ve sold over 5.7 million television sets globally in the month of November. This translates to about two TVs every second and is the highest ever recorded sales figure in a single month. The previous best was in October where the sales reached 5 million units. Samsung has been the […]
Samsung promotes semiconductor and LCD head
Samsung confirmed today that they’ve promoted Kwon Oh-hyun, President of Samsung Semiconductor and Display division to Vice Chairman in their annual year-end management reshuffle. Early this year, Samsung had merged its semiconductor and LCD panel division into one in order to offset the losses faced by the display division and Kwon managed to strengthen […]
Samsung joins hands with Biogen Idec to develop and market Biosimilars
Samsung continues its investment in the healthcare business and this time they’ve entered into a joint venture with Biogen Idec via Samsung Biologics, a business setup in April 2011 to specialize in biopharmaceutical manufacturing. As per the agreement, Samsung will pool in $255 million of the $300 million venture picking up 85 percent stake […]