The vendor deployed a Private 5G network at Hyundai's Ulsan plant

Second-highest annual revenue ever recorded by the company

Comes as Nvidia CEO Jensen Huang says Samsung has struggled to develop HBM chips for AI

Samsung SDS will purchase the land and auxiliary buildings for 21.5 billion won ($15.4 million)

Will utilize a 900MW hydrogen plant and 300MW of battery energy storage to support the operations of a large-scale data center

Can Vi's slow and steady approach to 5G pay off?

Aim to complete deployment by December 2025

Samsung will support KDDI's Open RAN deployment in the country

Company is looking to streamline foundry business in wake of disappointing Q3 results

Expected $6.8bn profits for quarter lower than company hoped for

Latest layoff round to impact workers in Southeast Asia, Australia, and New Zealand

The contract runs for three years

Information stolen was valued at $24.5 million

Blames the 5G market for being saturated

South Korean chip maker denies claims

Jun has been with the company for 24 years

First quarter revenue totaled $52.3bn

The deal will help South Korean cloud company Naver reduce its reliance on Nvidia hardware

The test was carried out at Samsung's R&D lab in Korea

Initial investments from the companies total around $471 billion - but derided as a "nothing burger" by analyst

Europe tipped to record the fastest growth

A subsidiary of Korea's KPS will take the old batteries

Made in China, designed in South Korea

Samsung Electronics CEO detailed plans in lecture at the Korea Advanced Institute of Science Technology