Samsung Electronics on Friday posted a record operating profit of 5.3 trillion won ($4.72 billion) in the fourth quarter and a net profit of four trillion, thanks largely to booming smartphone sales.

South Korea's Samsung Electronics on Friday reported a record operating profit of 5.3 trillion won ($4.72 billion) in the fourth quarter, thanks largely to booming smartphone sales.

The company also

South Korea's Samsung Group said on Tuesday it would invest a record 47.8 trillion won ($41.56 billion) this year and hire 26,000 new employees, also a record.

The country's largest conglomerate said

South Korea's competition watchdog said on Thursday it has fined two top electronics makers a total of 44.64 billion won ($38.5 million) for fixing prices of their main home appliances.

Samsung Elect

Apple failed to convince a US judge to block Samsung Electronics from selling Galaxy smartphones and tablets in the US market, depriving the iPhone and iPad maker of crucial leverage in a global paten

An Australian court on Wednesday reversed a ban on the sale of Samsung Electronics Co Ltd's Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc in the firms' inte

South Korea's Samsung Electronics said on Monday it was trying to block the sale of Apple's newest iPhone in Japan and Australia, escalating a legal battle with the US company after several setbacks.

An Australian court today granted US tech giant Apple an injunction that restrains Korean electronics major Samsung from selling its Galaxy Tab 10.1 tablet device in Australia.

According to local med

Korean mobile phone major Samsung Electronics on Thursday said its production capacity in India has been tripled from Thursday, following the commissioning of new facilities at its Noida manufacturing

Samsung Electronics Co is relying on the booming smartphone market and its mainstay chips business to help it cope with its underperforming LCD display and TV units.

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