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S. Korean Tech Giants Tipped to Enjoy Rosy Q3 Earnings Despite Pandemic

S. Korean Tech Giants Tipped to Enjoy Rosy Q3 Earnings Despite Pandemic

SEOUL, Sept. 20 (Korea Bizwire) — South Korea’s major tech giants are anticipated to enjoy better-than-expected earnings during the third quarter, a poll showed Sunday, as they were able to save costs amid the global new coronavirus pandemic. Samsung Electronics Co. is expected to post an operating profit of 10.3 trillion won (US$8.85 billion) in [...]

SK Telecom Joins Hands with Samsung, Intel, HPE for Virtualization of 5G Network

SK Telecom Joins Hands with Samsung, Intel, HPE for Virtualization of 5G Network

SEOUL, Sept. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, said Thursday it has joined hands with global partners for commercialization of the 5G virtual network. Under the partnership with Samsung Electronics Co., Hewlett Packard Enterprise Co. (HPE) and Intel Corp., SK Telecom will take part in the 5G network virtualization [...]

Samsung Collaborates with Fila on Wireless Earbuds Accessories

Samsung Collaborates with Fila on Wireless Earbuds Accessories

SEOUL, Sept. 8 (Korea Bizwire) — Samsung Electronics Co. on Tuesday unveiled accessories for its latest wireless earbuds in collaboration with global sportswear brand Fila as the South Korean tech firm aims to attract more young consumers. The Galaxy Buds Live Fila Accessory Package will go on sale Wednesday in South Korea with a price [...]

Samsung Joins Hands with Furniture Maker Hanssem to Expand Biz Opportunities

Samsung Joins Hands with Furniture Maker Hanssem to Expand Biz Opportunities

SEOUL, Sept. 6 (Korea Bizwire) — Samsung Electronics Co. on Sunday signed a partnership agreement with South Korea’s leading furniture maker Hanssem Co. to expand business opportunities amid the pandemic-driven stay-at-home trend. Under the deal, Samsung will cooperate with Hanssem in the home interior remodeling business. The tech giant will provide its latest home appliances [...]

LG Uplus Forms AR, VR Alliance with Global Telcos and Qualcomm

LG Uplus Forms AR, VR Alliance with Global Telcos and Qualcomm

SEOUL, Sept. 2 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday it has formed an alliance with global telecom operators, content developers and U.S. chipmaker Qualcomm Technologies Inc. to develop 5G-based augmented reality (AR) and virtual reality (VR) content to boost the budding industry. The Global XR Content Telco [...]