… ousands of shoppers participated in the campaign, demonstrating that shopping at Melcom remains focused on providing great value and rewarding customers in extraordinary ways,” he noted. The lucky winners received prizes including brand-new vehicles, 98-inch televisions, Samsung …
… South Korean tech giants Samsung Electronics and SK Hynix and US-based Micron dominate the Dram market, with the three companies accounting for around 90% of global production. …
Samsung Electronics has unveiled its latest Galaxy Z foldable smartphone lineup, introducing three new devices aimed at making foldable technology more accessible while strengthening its push into artificial intelligence (AI)-powered mobile experiences. …
Samsung Electronics said on Saturday it struck a pact with U.S. chip designer Broadcom to widen cooperation across memory chips, contract chip making and advanced packaging envisaged to exceed $200 billion until 2030. …
… Today, it is the second largest chaebol after the Samsung group. South Korean people buy phone plans from SK Telecom and fill their vehicles at SK petrol stations. …
Samsung Electronics on Monday launched its first U.S. co-branded credit card with Barclays, deepening its push into the financial services space in the country and signalling plans to broaden its offerings in the future. …
Samsung Electronics has cut jobs at its U.S. display, phone and other consumer electronics operations — affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with the matter. …
… Its share price has more than tripled in South Korea this year, which, along with Samsung Electronics, has helped boost the benchmark Kospi index by more than 70% over the same period. …
South Korean technology giant Samsung Electronics says it expects to post a 19-fold jump in its profits, driven by global demand for artificial intelligence (AI) memory chips. …
Melcom Group held a prize presentation ceremony in Accra to honour 34 lucky winners of its Kickoff Sale Promotion 2026. Prize winners received brand-new vehicles, 98-inch televisions, Samsung Galaxy Fold 7 smartphones, refrigerators, soundbars, and shopping vouchers.
Melcom Group held a prize presentation ceremony in Accra to honour 34 lucky winners of its Kickoff Sale Promotion 2026. Prize winners received brand-new vehicles, 98-inch televisions, Samsung Galaxy Fold 7 smartphones, refrigerators, soundbars, and shopping vouchers.
ChangXin Memory Technologies (CXMT), China's biggest memory chip maker, saw its shares soar nearly 470% on their Shanghai Stock Exchange debut, giving the company a valuation of around 3.3 trillion yuan ($487bn) and making it the most valuable listed company in mainland China. The company manufactures Dram chips for AI data centres, mobile devices, and other electronics, and plans to use IPO proceeds for expanded production and research.
Samsung has unveiled the Galaxy Z Fold8, Fold8 Ultra, and Flip8 foldable smartphones, designed to make foldable technology more accessible while advancing AI-powered mobile experiences. The Fold8 is the lightest Galaxy Z Fold device at 201 grammes, featuring the Snapdragon 8 Elite Gen 5 processor, a 4,800mAh battery, and a new Flex Titanium display structure with up to 3,000 nits brightness; the Fold8 Ultra targets productivity users with an eight-inch main display and advanced camera system.
Samsung Electronics and Broadcom have agreed to a partnership envisaged to exceed $200 billion until 2030, combining Broadcom's chip design expertise with Samsung's manufacturing capabilities for memory chips, contract chip making, and advanced packaging.
A South Korean court has ordered SK Group chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong 944 billion won (approximately $644 million) in a divorce settlement, below the initial 1.38 trillion won awarded in 2024. The case centres on asset division following their 35-year marriage and the revelation that Chey had fathered a child with another woman.
Samsung Electronics has introduced its new Galaxy Z series to the Ghanaian market, featuring the Galaxy Z Fold8, Galaxy Z Fold8 Ultra, and Galaxy Z Flip8, all built on seven generations of foldable innovation and equipped with optimized Galaxy AI features for multitasking and content creation.
Samsung Electronics launched its first U.S. co-branded credit card with Barclays, allowing users to apply, manage accounts, and redeem rewards through Samsung Wallet. The card offers 5% cash back on Samsung purchases and competes directly with Apple Pay as technology companies and banks deepen ties between digital wallets and financial products.
Samsung Electronics has cut 739 roles at its Englewood Cliffs, New Jersey office and some 100 workers at its Plano, Texas office as it moves its consumer electronics headquarters to Texas; a majority of affected workers received relocation offers, while others were let go.
South Korean chip maker SK Hynix raised $26.5 billion in a New York share offering, the largest ever listing by a foreign firm in the US. The company, which supplies memory chips to AI chip makers including Nvidia, sold 177.9 million American depositary shares at $149 each, with trading beginning on Nasdaq Friday.
South Korean technology giant Samsung Electronics forecasts a 19-fold jump in profits to 89.4tn won between April and June, its third consecutive record quarterly operating profit, driven by global demand for artificial intelligence memory chips and tight semiconductor supplies that have pushed up prices.
South Korea has unveiled plans for at least $880bn in investment to expand chip manufacturing and artificial intelligence capabilities, part of a Three Mega Projects initiative to develop new chip production hubs, data centres and robotics technology. President Lee Jae-myung said the plan aims to rejuvenate economies outside Seoul as regional rivals Taiwan, China and Japan invest heavily in chip factories.
Apple and Microsoft have raised prices on devices and consoles years old, blaming increased demand for chips from AI data centres. Apple raised tablet and laptop prices by nearly 20%, while Microsoft is raising Xbox Series S and X console prices by at least $100 from August, marking its third increase in just over a year.
Kasapreko PLC recorded a turnover of GH¢3.5 billion in 2025, surpassing Unilever Ghana (GH¢1.03 billion), Guinness Ghana, and FanMilk to become Ghana's largest listed fast-moving consumer goods company.
Apple plans to raise product prices as memory chip costs have surged due to the artificial intelligence boom, with CEO Tim Cook telling the Wall Street Journal that price increases were "unavoidable" and the situation had become "unsustainable." Cook did not specify timing or which products would be affected.
African brands now account for 15% of the Top 100 most admired brands in Africa, up from 11% in 2025, according to the 2026 Brand Africa 100 report, though international brands including Nike, Adidas, Samsung, Apple and Coca-Cola continue to dominate the rankings.
Asian stock markets suffered steep losses on Monday as investors grew concerned about overvalued artificial intelligence investments and a rise in oil prices following renewed Iran-Israel strikes. US markets recovered some losses with the Nasdaq closing up 0.9% and the S&P 500 up 0.3%, though South Korea's Kospi index fell 8.3% and Japan's Nikkei dropped 3.9%.
US stock markets recovered modestly on Monday after Friday's losses, but Asian markets fell sharply—South Korea's Kospi index closed 8.3% lower and Japan's Nikkei fell 3.9%—amid a technology stock sell-off and renewed Middle East tensions that raised oil prices and inflation concerns.
A Joy Online opinion piece argues that millions of Africans prioritize securing jobs over creating businesses and employment, and that this cultural emphasis on salaries rather than wealth creation represents a significant overlooked development challenge across the continent.
Shares in Samsung Electronics and LG Electronics rallied on Monday following expectations of meetings between Nvidia CEO Jensen Huang and Korean executives to discuss AI and robotics partnerships. South Korean semiconductor exports surged to a record high in June amid the AI boom.
Samsung Electronics announced the Galaxy A57 5G and Galaxy A37 5G, featuring upgraded AI capabilities, improved camera and display, and up to six generations of OS upgrades. The devices aim to bring Samsung's latest mobile innovations to a wider user base.
The largest union at Samsung Electronics has suspended a planned strike after reaching a last-minute tentative pay agreement, easing concerns about disruption to the world's largest memory chipmaker. The dispute centred on how to distribute profits from soaring AI chip demand, with the union representing nearly 48,000 workers securing changes to bonus distribution between memory chip divisions and other units.
Pop star Dua Lipa has filed a $15m lawsuit against Samsung, alleging the company used her photograph on television packaging without permission. The image, taken during her 2024 Austin City Limits Festival performance, appeared on various TV models sold in the US; Lipa claims Samsung ignored repeated cease-and-desist demands.
Pop star Dua Lipa has filed a $15m lawsuit against Samsung, alleging it used her photograph on television packaging without permission. The image was taken during her 2024 Austin City Limits Festival performance, and Lipa's legal team says Samsung ignored repeated demands to stop the infringement.
The family behind Samsung has finished paying a 12 trillion won ($8bn) inheritance tax bill—the largest in South Korean history—tied to late chairman Lee Kun-hee's estate. Chairman Lee Jae-yong and other family members made the payment in six instalments over five years, with the sum equivalent to roughly 1.5 times South Korea's total inheritance tax revenue for 2024.
The Samsung family has finished paying a 12 trillion won ($8 billion) inheritance tax bill in six installments over five years, the largest such settlement in South Korea's history. The bill stems from the 26 trillion won estate left by late chairman Lee Kun-hee, who died in October 2020, and equals roughly one and a half times the country's total inheritance tax revenue for 2024.
Ing. Prof. Douglas Boateng argues that Ghana's electricity challenge is fundamentally one of coordination across the entire supply chain—generation, transmission, and distribution—rather than production capacity alone, and that systems fail from lack of coordinated attention rather than lack of strength.