Samsung Archives — Page 3 of 3

February 23, 2019 No Responses

Samsung Secures $774.9m Contract For LNG Carriers

South Korea’s Samsung Heavy Industries has clinched an order to build four liquefied natural gas (LNG) carriers. The shipbuilder received newbuilding orders from a US shipowner, SHI said in a regulatory filing without revealing further details. The shipbuilding deal is...

October 2, 2018 No Responses

Samsung Secures Order For $180m LNG Carrier

South Korea’s shipbuilder Samsung Heavy Industries has clinched another order for a liquefied natural gas (LNG) carrier. According to the company’s stock exchange filing, the deal is worth around KRW 200.1 billion (USD 180 million). SHI added that the orde...

September 1, 2018 No Responses

Samsung Galaxy Note9 Smartphone Debuts In Nigeria

Samsung’s newest flagship Smartphone, the Galaxy Note9 is now available for immediate purchase in the Nigerian market. The Note9 which was launched in Lagos on Friday, 31 August, 2018, is according to Samsung “packed with exciting, innovative features as...

June 30, 2018 No Responses

Samsung Gets Order For $250m Special-Purpose Ships

South Korea’s shipbuilder Samsung Heavy Industries has received a contract to construct two special-purpose ships for a European company. According to the shipbuilder’s stock exchange filing, the deal has a value of around KRW 266.1 billion ($250Million)....

April 8, 2018 No Responses

Samsung Electronics Stakes $192m On SHI Shares

Samsung Electronics intends to participate in Samsung Heavy Industries’ (SHI) rights offering by investing KRW 204.06 billion (USD 191.8 million). The technology company unveiled the decision to acquire 34.76 million shares in SHI in its stock exchange filin...

February 5, 2018 No Responses

Samsung heir freed from jail

Samsung heir Lee Jae-yong has been freed from jail after a South Korean court suspended his five year jail term for bribing the country’s ex-president. Seoul High Court upheld parts of the conviction, but used its discretion to release the...

January 19, 2018 No Responses

Agency probes Apple, Samsung

Italy’s competition authority is looking into charges that Apple and Samsung are surreptitiously slowing down old phones to push consumers into buying new products. Consumer groups across the world have accused the two tech giants of so-called planned obsole...

October 14, 2017 No Responses

Management Crisis: Samsung CEO resigns

Citing “unprecedented crisis”, Samsung Electronics chief executive Kwon Oh-hyun has resigned. It is the latest management upheaval at the firm after the heir of the entire Samsung Group was imprisoned for corruption in August. Mr Kwon is one of thr...

July 20, 2017 No Responses

Samsung wins conditional deal for vessel pair

South Korean shipbuilder Samsung Heavy Industries (SHI) revealed it has inked a shipbuilding contract for two vessels with an unnamed shipowner. As informed, the contract value is KRW 271 billion (around USD 242 million). The agreement remains conditional a...