Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business.

Analysts have said that Samsung has been declining, losing out to competitors because of factors other than the US export restrictions.

We tried out the Samsung Galaxy Watch 8 and the Watch 8 Classic smartwatches. They look great, feel comfortable, and offer new AI features, but are more expensive than previous-gen models.

Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia .

Samsung Electronics bought digital health platform Xealth to push deeper into healthcare. | Samsung Electronics bought digital health platform Xealth to push deeper into healthcare. The acquisition will bolster the company's efforts to integrate data from its wearables and devices into clinical workflows and electronic medical records.

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year. View on euronews

Samsung Electronics Co.’s profit fell for the first time since 2023, reflecting the deepening market share losses clouding the memory chipmaker’s prospects in the AI era.

Samsung Electronics (SSNLF) to acquire Xealth—a Seattle-based healthcare platform known for integrating digital health tools and care programs.