SEOUL, Feb. 2 (Korea Bizwire) – Samsung Electronics Co., which had accused its smaller rival, LG Electronics Inc., of vandalizing its washers at German shops last year, has vowed to continue turning to local courts to settle the dispute, industry sources said Monday. Lawyers defending Samsung and LG met last week under the mediation of [...]
BOSTON, Jan. 28 (Korea Bizwire) – According to the latest research from Strategy Analytics, global mobile phone shipments grew 7 percent annually to reach 515 million units in the fourth quarter of 2014. It was the first time worldwide mobile phone shipments have passed the half-billion-unit threshold. Apple was the star performer, capturing a record [...]
SEOUL, Jan. 29 (Korea Bizwire) – Samsung Electronics Co., the world’s top smartphone maker, said Thursday its net profit fell 26.7 percent in the fourth quarter of 2014 from a year earlier, dampened by sluggish smartphone sales as its global rivals increased their shares in both the high- and low-end markets. Net income came to [...]
BEIJING, Jan. 28 (Korea Bizwire) – Samsung Electronics Co., once China’s No. 1 smartphone vendor, sold fewer smartphones in China for the fourth quarter of last year than Apple Inc. and local brand Xiaomi Inc., continuing to lose ground in the battle for the world’s largest smartphone market, a market tracker said Wednesday. “The incredible [...]
SEOUL, Jan. 27 (Korea Bizwire) – South Korea’s top mobile carrier, SK Telecom Co., said Tuesday it has agreed with U.S.-based Intel Corp. to exchange technology know-how and search for business opportunities in the Internet of Things (IoT) industry. The two firms signed memorandums of understanding on a joint project that gives access to each [...]
SEOUL, Jan. 27 (Korea Bizwire) – Samsung Display Co., a South Korean display maker, has added more Chinese tech firms to its client list to sell them smartphone AMOLEDs, a move seen as a strategy to rely less on its parent company, Samsung Electronics Co., which is suffering weak sales, industry sources said Tuesday. The [...]
SEOUL, Jan. 27 (Korea Bizwire) — Driven by strong sales of its CineView monitors – 21:9 ratio UltraWide specialty displays – LG Electronics is set to expand its lineup and grab a bigger share of the global market. The Seoul-based electronics manufacturer announced that it will increase its CineView monitor lineup to 20 models under 12 [...]
SEOUL, Jan. 26 (Korea Bizwire) — A stroke warning cap, which was one of the C-Lab projects selected by Samsung Electronics at the beginning of last year, is moving closer to commercialization. The C-Lab is a system that supports the commercialization of new products by adopting ideas proposed by members of management and staff. According [...]
SEOUL, Jan. 21 (Korea Bizwire) – South Korea’s tech giant Samsung Electronics Co. said Wednesday it will start sales of the Galaxy A5, the latest in its low-end smartphone lineup, at home Thursday, as it seeks to expand its footing in the low-end sector. The 5-inch Galaxy A5, equipped with a metal frame, will cost [...]
SEOUL, Jan. 13 (Korea Bizwire) — South Korean tech companies are expected to kick off mass production of their quantum dot TVs this year, analysts said Tuesday, amid intense competition with Chinese rivals to gain an upper hand in the global market with the advanced technology. Samsung Electronics Co., the world’s top maker of smartphones [...]