May 7, 2024
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13min
The Company posted KRW 71.92 trillion in consolidated revenue on the back of strong sales of flagship Galaxy S24 smartphones and higher prices for memory semiconductors. Operating profit increased to KRW 6.61 trillion as the Memory Business returned to profit by addressing demand for high value-added products. The Mobile eXperience (MX) Business posted higher earnings […]

February 21, 2024
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4min
Samsung Electronics has once again demonstrated its dominance in the global TV market, marking an unprecedented 18-year streak at the forefront of the industry. Market research firm Omdia reported that Samsung has achieved a 30.1% share of the global TV market in 2023, reinforcing its status as the industry leader since 2006. This success is largely due […]

January 30, 2024
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6min
Whether you’re in a business meeting, traveling abroad or making a restaurant reservation, communication is key. On January 17, when Samsung Electronics released its latest lineup of Galaxy products powered by Galaxy AI, the company also unveiled a personal interpreter right in your pocket. With the Galaxy S24 Ultra’s Live Translate feature, talking to anyone […]

December 1, 2023
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8min
      Samsung achieved $91.4 billion in brand value and is highly recognized for promoting a consistent customer experience strategy and leading future technologies such as 6G and AI Samsung Electronics was recognized by Interbrand, a global brand consultancy, as a “Global Top 5” brand for the fourth year in a row. Interbrand releases […]

November 6, 2023
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7min
      Samsung Electronics, a global leader in advanced memory technology, has once again taken the industry by storm by hosting its annual Memory Tech Day 2023. The event brought together approximately 600 customers, partners, and industry experts to witness the unveiling of groundbreaking memory solutions poised to drive technological advancements across various future […]

October 4, 2023
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3min
      Samsung Electronics, a global leader in technology innovation, proudly introduces Samsung Knox, a cutting-edge security programme designed to protect smart TVs and ensure a secure and seamless smart home experience. As smart home ecosystems continue to expand, the importance of digital security becomes paramount. Dedicated to providing consumers with an integrated smart […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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