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Samsung Electronics Co. unveiled targets for making its most advanced chips, detailing for the first time how its production road map would compare with that of Taiwan Semiconductor Manufacturing Co. in their closely watched technology race.On Monday, Samsung’s contract chipmaking unit said it would start manufacturing chips on the 2-nanometer production process in 2025 and the 1.4-nanometer production process in 2027. That advances from its current 3-nanometer…

SEOUL— Samsung’s de facto chief Lee Jae-yong and SoftBank Group Corp. Chief Executive Masayoshi Son are set to meet in Seoul next month to discuss a potential partnership involving chip designer Arm Ltd., in what could become a powerhouse union between two of the world’s semiconductor giants.Mr. Son said Thursday that he would visit South Korea to meet with Samsung Electronics Co. about a strategic alliance with Arm, which is…

PYEONGTAEK, South Korea— Samsung Electronics Co. sees the sharp downturn in chip sales extending into next year, the latest note of pessimism for a semiconductor industry reeling from a dramatic pullback in sales of PCs, smartphones and data servers.“The second half of this year looks bad, and as of now, next year doesn’t really seem to show a clear momentum for much improvement,” said Kyung Kye-hyun, who heads Samsung’s semiconductors unit and serves as the company’s co-CEO, at a…

The global smartphone market is taking a breather.With inflation lifting the cost of daily necessities like gasoline and food, many phone owners are sticking with their current models longer, according to industry executives. Companies are making fewer phones and fewer phone parts, and they are planning for a further rough patch ahead. China’s Xiaomi Corp., the world’s third-largest smartphone maker after Apple Inc. and Samsung Electronics Co. , said Friday that it shipped 26% fewer…

SEOUL— Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal reprieve underpinned by expectations that the business tycoon will help propel the nation’s economy.Mr. Lee, twice imprisoned for bribing South Korea’s former president, will have his criminal record from his 2017 conviction wiped clean. But the grandson of Samsung’s founder still has unresolved legal woes related to accounting-fraud charges that could land…

SEOUL— Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal reprieve underpinned by expectations that the business tycoon will help propel the nation’s economy.Mr. Lee, twice imprisoned for bribing South Korea’s former president, will have his criminal record from his 2017 conviction wiped clean. But the grandson of Samsung’s founder still has unresolved legal woes related to an accounting scandal that could land him…

NEW YORK— Samsung Electronics Co. sees an opening in its stalemated smartphone war with Apple Inc. That is the view of Samsung’s mobile-business head Roh Tae-moon, a chief architect of the company’s foldable-display phones. The newest versions, the Galaxy Z Fold 4 and Galaxy Z Flip 4, were unveiled on Wednesday. Samsung’s novel gadgets do something that iPhones…

NEW YORK—The entire smartphone industry is slumping except for the priciest devices. Samsung Electronics Co. is testing the limits of that high-end demand.On Wednesday, Samsung unveiled its latest models of two of the world’s most-expensive phones. The Galaxy Z Fold 4, which becomes the size of a small tablet when opened, will cost about $1,800. The more compact Galaxy Z Flip 4 will go for around $1,000. The phones have prices similar to last year’s versions and become available in the…

In 2015, South Korea’s Samsung Electronics Co. jolted the technology world with news that its chips were on par with the world’s most advanced. This summer, the Chinese company Semiconductor Manufacturing International Corp. is drawing buzz in the same circles after word emerged that it, too, has made a big jump. One man links the two events, an engineer legendary in chip-industry circles and barely known outside them: Liang Mong Song.…

The makers of semiconductors running smartphones, TVs and other electronic gizmos like to brag about the power of their components. They also boast that the chips doing all the complex work are shrinking.The race to miniaturization signals breakthroughs in processing speed or energy consumption and can help win lucrative contracts. But the battle to be the top small-fry has led to big confusion. Chips carry a number tied to the size of its transistors, and, for years, it was believed that the lower the number, the better…