CNBC and BBC reported that Samsung Electronics issued Q3 2026 earnings guidance projecting an operating profit of roughly $8 billion (11.5 trillion won), a record high and a year-on-year increase of more than 32%. The result was driven by a boom in AI chip demand and a recovery in high-end memory pricing.
Samsung Poised to Become Dominant Stablecoin Distributor with 800M Galaxy Wallets [Core Summary] According to CoinDesk, analysts say Samsung is preparing to transform its 800 million Galaxy phones into wallets for digital assets and blockchain payments, potentially becoming one of the world’s largest stablecoin distribution platforms. This strategic move marks deep entry by a traditional tech giant into crypto financial infrastructure, potentially revolutionizing the path to mainstream digital payment adoption. ...
South Korea’s Kospi index suffered a major sell-off as investors dumped Samsung shares in frustration. The market rout reflects structural challenges facing Korea’s tech sector amid global semiconductor cycle volatility.
Samsung Electronics announced it will discontinue its clamshell-style foldable phone lineup after the Galaxy Z Flip 8, marking the end of the product line.
Samsung Electronics reports record quarterly earnings with operating profit jumping 750% year-on-year to 57.2 trillion won, driven by surging demand for high-bandwidth memory chips from AI data centers.