Samsung

Update news Samsung

Conflict at Samsung factory reported to the PM

In a report to PM Nguyen Tan Dung, Thai Nguyen Province confirmed that the incident that happened at the factory of Samsung on January 9 was ignited by the clash between the workers who went to work late and guards.

Conflict at Samsung’s world largest factory, 11 people hospitalized

After guards threw the rice box of a worker to the ground and knocked down another for entering the factory through a wrong gate, hundreds of workers burned motorcycles and houses of guards and attacked mobile police with stones and bricks.

Samsung moves its factories from China to Vietnam

Samsung’s smartphone empire was built thanks to the abundant and cheap labor resources in China. However, when costs here are skyrocketing, Samsung is gradually shifting its production bases to Vietnam to preserve profits.

Samsung loses patent lawsuit in S. Korea against Apple

Samsung Electronics, the world's No. 1 smartphone maker, lost the patent lawsuit in South Korea with its archrival Apple after a Seoul court ruled that the iPhone maker did not violate Samsung's patents.

Smartphone market: big guys unexpectedly ignite price decrease campaigns

 VietNamNet Bridge – The unexpected decision by Nokia to cut the prices of its products has forced other big guys to follow the move. The smart phone has become more bustling than ever.

Apple, Samsung earn all smartphone profits, and more

 Apple and Samsung are grabbing virtually all the profits in the red-hot smartphone market while most other makers are losing money, an analyst said Thursday.

Samsung to invest $1.2b in electronics plant

 VietNamNet Bridge – Samsung Electro-Mechanics Vietnam (SEMV) Co Ltd on Wednesday received a licence from authorities in the northern province of Thai Nguyen to invest US$1.2 billion in electronics production.

The South Korean’s battle on Vietnamese land

 VietNamNet Bridge – More and more South Korean investors have flocked to Vietnam to do business here, thus turning Vietnam into their new battle field.

Will Samsung find its opportunities in power sector in Vietnam?

 VietNamNet Bridge – Samsung moves ahead with its plan to develop power projects in Vietnam. However, it’s still unclear if it can succeed in the energy sector, once the Electricity of Vietnam (EVN) remains the only wholesale buyer.

BUSINESS IN BRIEF 6/9

 Samsung keen on Vietnam’s electricity sector; RoK supports chilli farming in Ninh Thuan; Vietnam sees rise in global competitive capacity; Viet Nam becomes more competitive

Nokia – Samsung the battle of the two tigers

VietNamNet Bridge – Finnish Nokia still holds the biggest mobile phone market share in Vietnam. However, its Number 1 position has been shaken with the rise of Samsung.

What will Samsung bring to Vietnam?

VietNamNet Bridge – It’s obvious that the existence of Samsung’s factory in Bac Ninh province has helped changed the face of a small province adjacent to Hanoi. But…

Big investors can negotiate about tax incentives with the government of Vietnam

The draft corporate income tax law stipulates the jurisdiction of the government in deciding the investment incentives for the big investment projects.

Samsung’s $2 billion project goes “incredibly quickly”

Samsung has accelerated the implementation of its $2 billion project in Thai Nguyen province amid the genuine enthusiasm of the local authorities, which have offered the South Korean the highest possible investment incentives.

Samsung to pump $1 bn into research, venture fund

 Samsung announced Monday it was pumping more than $1 billion into research and venture capital funding efforts that will be led by a new hub for the South Korean giant in Silicon Valley.

Samsung posts record Q4 net profit

 South Korea's Samsung Electronics said on Friday net profit soared 75.6 percent to a record 7.04 trillion won ($6.6 billion) in the fourth quarter of 2012, driven by strong smartphone and memory chip sales.

Samsung and Apple lead "smart" device market in Q3 2012: report

In the third quarter of 2012, Samsung and Apple increased their shares and continued their lead in the worldwide market of smart connected device, a category that combines personal computer (PC), smartphone and tablet computer,