Samsung Electronics is in the news for launching the Galaxy S26 Ultra and partnering with AI chipmakers amid global market chaos. Founded in 1969, it's South Korea’s tech giant.
Samsung has begun preorders for the Galaxy S26 Ultra, priced at $1,299, with promotions including a $200 Amazon gift card and trade-in offers. The new model features minor design tweaks, upgraded internals, and a new Privacy Display feature. The lineup arrives March 11, amid a broader focus on AI integration.
Asian stock markets fell sharply on March 9, driven by fears of energy supply disruptions due to escalating conflict in the Middle East. Major indices in South Korea, Japan, and Taiwan experienced significant declines, with energy prices surging and investor sentiment weakening amid geopolitical tensions.
South Korea's stock market, the Kospi, plunged over 12% on March 5, its largest single-day drop, driven by fears over Middle East conflict and energy prices. Tech giants Samsung and SK Hynix led the decline, wiping out billions in market value amid global uncertainty.