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Samsung Tops Global TV Market for 10th Year

Samsung Tops Global TV Market for 10th Year

SEOUL, Mar. 2 (Korea Bizwire) — Samsung Electronics Co. dominated the global TV market for the 10th consecutive year in 2015, data showed Tuesday, on the back of the strong performance of its high-end models. Samsung took up 27.5 percent of the global TV market in terms of sales and 21 percent in shipments last [...]

S. Korean Chipmakers Pad Mobile DRAM Market Share in Q3

S. Korean Chipmakers Pad Mobile DRAM Market Share in Q3

SEOUL, Nov. 8 (Korea Bizwire) — South Korean companies’ share of the global mobile dynamic random access memory (DRAM) chip market hit an all-time high in the third quarter of the year, far outpacing their rivals, data showed Sunday. Samsung Electronics Co. accounted for 56.9 percent of global mobile DRAM sales in the July-September period, [...]

Samsung Logs Top Smartphone Sales in Five Major Global Regions

Samsung Logs Top Smartphone Sales in Five Major Global Regions

SEOUL, Nov. 8 (Korea Bizwire) — South Korean tech behemoth Samsung Electronics Co. became the top smartphone seller in five major regions of the world in the third quarter of the year except in North America, where its archrival Apple Inc. dominated, a report showed Sunday. In the July-September period, Samsung posted the largest smartphone [...]

Google Chief Stresses Importance of Deregulation

Google Chief Stresses Importance of Deregulation

SEOUL, Oct. 30 (Korea Bizwire) — Eric Schmidt, executive chairman of Alphabet Inc., the holding company of Google Inc., said Friday that flexible regulations will help South Korea amid the protracted economic slowdown.    “I know that your country is seeing an economic slowdown. My recommendation would be to adopt more flexible regulations to unleash the [...]

KEPCO Inks Dubai Smart Grid Deal, Enters Mideast Market

KEPCO Inks Dubai Smart Grid Deal, Enters Mideast Market

SEJONG, Oct. 29 (Korea Bizwire) — South Korea’s state-run power monopoly said Thursday that it has inked a smart grid system deal with Dubai that can lead to more business opportunities down the road. The US$3 million agreement with Dubai Electricity & Water Authority (DEWA) signed in the United Arab Emirates is the first smart [...]

S. Korea, Austria Agree to Lift Limits on Direct Passenger Flights

S. Korea, Austria Agree to Lift Limits on Direct Passenger Flights

SEJONG, Oct. 22 (Korea Bizwire) — South Korea and Austria have agreed to lift limits on direct passenger flights as a move to facilitate the movement of people and cargo between the two countries, the government said Thursday. The agreement, reached at the Air Service Negotiation Event of the International Civil Aviation Organization (ICAO) under [...]

Gov’t, Samsung to Back Development of Manufacturing Robots

Gov’t, Samsung to Back Development of Manufacturing Robots

SEJONG, Oct. 19 (Korea Bizwire) — South Korea’s government said Monday that it will join forces with Samsung Electronics Co. to develop precision manufacturing robots that could open new horizons for the local manufacturing sector. The plan calls for 16.75 billion won (US$14.8 million) worth of taxpayers’ money to be invested in the next three [...]