Latest news with #SSNLF
Yahoo
2 days ago
- Business
- Yahoo
Samsung's Secret AI Weapon? Major Deal with Google Rival Could Shake Up Mobile Search
Samsung Electronics Co. (SSNLF) is reportedly finalizing a multifaceted deal with Perplexity AI that could reshape its AI and search strategy across future mobile devices. According to people familiar with the talks, the partnership could include preloading Perplexity's search assistant on upcoming Galaxy phones and embedding its features into Samsung's browser and Bixby voice assistant. The integration may debut with the Galaxy S26 lineup in early 2026, signaling a major move to diversify beyond Alphabet's Google ecosystem. Warning! GuruFocus has detected 3 Warning Signs with SSNLF. Alongside product integration, Samsung is also expected to become a major backer in Perplexity's upcoming $500 million funding round, which could value the AI startup at $14 billion. For Perplexity, the potential deal would be its largest mobile deployment yet, building on its earlier integration with Motorola and possibly elevating its position in the AI search space. Discussions between the two companies reportedly advanced following recent in-person meetings in South Korea. The partnership could also lay the foundation for more ambitious AI initiatives, including a new operating system and a unified AI agents app, combining tools from multiple assistants. Meanwhile, Apple has also expressed interest in Perplexity as a possible alternative to Google Search and ChatGPT for Siri. How Perplexity balances interest from both Samsung and Apple remains to be seen, but the emerging AI player is rapidly becoming a key asset in the competitive race to redefine search and personal assistants on mobile. This article first appeared on GuruFocus.
Yahoo
4 days ago
- Business
- Yahoo
Samsung's Secret AI Weapon? Major Deal with Google Rival Could Shake Up Mobile Search
Samsung Electronics Co. (SSNLF) is reportedly finalizing a multifaceted deal with Perplexity AI that could reshape its AI and search strategy across future mobile devices. According to people familiar with the talks, the partnership could include preloading Perplexity's search assistant on upcoming Galaxy phones and embedding its features into Samsung's browser and Bixby voice assistant. The integration may debut with the Galaxy S26 lineup in early 2026, signaling a major move to diversify beyond Alphabet's Google ecosystem. Warning! GuruFocus has detected 3 Warning Signs with SSNLF. Alongside product integration, Samsung is also expected to become a major backer in Perplexity's upcoming $500 million funding round, which could value the AI startup at $14 billion. For Perplexity, the potential deal would be its largest mobile deployment yet, building on its earlier integration with Motorola and possibly elevating its position in the AI search space. Discussions between the two companies reportedly advanced following recent in-person meetings in South Korea. The partnership could also lay the foundation for more ambitious AI initiatives, including a new operating system and a unified AI agents app, combining tools from multiple assistants. Meanwhile, Apple has also expressed interest in Perplexity as a possible alternative to Google Search and ChatGPT for Siri. How Perplexity balances interest from both Samsung and Apple remains to be seen, but the emerging AI player is rapidly becoming a key asset in the competitive race to redefine search and personal assistants on mobile. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-05-2025
- Business
- Yahoo
Samsung reports Mobile Experience / Network revenue KRW 4.3T vs. KRW 3.5T y/y
In Q1 Mobile Experience, says: Grew sales and profit by launching Galaxy S25 series featuring advanced Galaxy AI; and Secured double-digit profitability via cost competency amid some components price decline. For Q2, Samsung (SSNLF) looks to: Sustain flagship-centric sales by launching S25 Edge amid fading effect of new models; Expand AI phone lineup introducing 'Awesome Intelligence' to the A series. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on SSNLF: Disclaimer & DisclosureReport an Issue Samsung says in Memory, company expanded server DRAM sales Samsung reports Q1 Samsung Display Corporation revenue KRW 5.9T vs. KRW 5.4T y/y Samsung reports Q1 net profit KRW 8.2T vs. KRW 6.8T last year Linde to increase supply of specialty gases to Samsung semiconductor plant Sector Spotlight: Communications services names report Q1 results
Yahoo
15-04-2025
- Business
- Yahoo
South Korea Just Dropped $23 Billion to Win the Global Chip War
South Korea just escalated the global chip war. The government unveiled a 33 trillion won ($23 billion) stimulus to safeguard its semiconductor crown jewelsSamsung Electronics (SSNLF) and SK Hynix (HXSCL)from mounting tariff risks and intensifying competition out of China. The expanded package, up from 26 trillion won last year, includes low-interest loans and expanded investment capital aimed at keeping the country's chip dominance intact amid rising global subsidies for advanced manufacturing. Warning! GuruFocus has detected 3 Warning Signs with SSNLF. The move follows U.S. tariff threats that have already jolted South Korea's auto sector and could soon hammer its tech exports. While semiconductors are temporarily exempt from Trump's sweeping 145% tariff on Chinese goods, they're still under the microscope. Washington has launched new Section 232 probes into both pharma and chip imports, raising fears that national security claims could be used to justify future trade barriers. South Korean officials say they're now in talks with the U.S. to avoid collateral damage. With the U.S., China, Japan, and the EU all racing to corner the AI chip supply chain, South Korea's play is part defense, part offense. Beyond protecting its chipmakers from rising input costs and regulatory shocks, Seoul is also eyeing AI leadership. It plans to secure 10,000 high-performance GPUs this year alone to boost domestic AI competitiveness. In a world where chips are the new oil, this $23 billion bet signals that South Korea isn't backing down. This article first appeared on GuruFocus.
Yahoo
31-01-2025
- Business
- Yahoo
Samsung Just Landed a Huge Nvidia Deal--But There's a Catch
Samsung Electronics (SSNLF) just scored a big win with Nvidia (NASDAQ:NVDA), getting the green light to supply its 8-layer HBM3E high-bandwidth memory chips. But before you think Samsung is closing the gap, there's a catchthese chips are going into Nvidias lower-tier AI processors for China, not its flagship models. SK Hynix (HXSCL) is still the exclusive supplier for Nvidias cutting-edge AI chips, leveraging its superior 12-layer HBM3E. The approval keeps Samsung in the AI chip race, but its still playing catch-up. Warning! GuruFocus has detected 4 Warning Signs with SSNLF. Nvidias decision to diversify suppliers is a strategic move, but it doesnt change the fact that SK Hynix remains the dominant player. The real test comes later this year when both companies battle to mass-produce next-gen HBM4 chipsthe key to locking in long-term AI dominance. Samsung knows its trailing and isnt sitting still. Under new leadership, its throwing serious resources into R&D, reorganizing its engineering teams, and making a hard push to break SK Hynixs lead. The AI chip war is heating up, and the next few months will decide whether Samsung stays in the gameor gets left behind in the dust. This article first appeared on GuruFocus. Sign in to access your portfolio
