SEOUL, April 6 (Korea Bizwire) — Samsung Electronics‘ Galaxy S6 Edge is more fragile than Apple‘s iPhone 6 Plus, which sparked the so-called “Bendgate” dispute for bending easily, a U.S. device repair firm said Monday, creating worries among Samsung fans awaiting the phone’s launch scheduled for this week. “The Samsung Galaxy S6 Edge deformed at 110 [...]
SEOUL, March 5 (Korea Bizwire) — South Korea’s top conglomerate Samsung, which holds one of the leading smartphone makers Samsung Electronics under its wing, was declared as the second-most valuable brand in the globe, data showed Thursday. The price tag on the Samsung brand was estimated at US$81.7 billion in 2015, up 4 percent from a [...]
SEOUL, Feb. 26 (Korea Bizwire) – South Korea’s top tech firm Samsung Electronics Co. said Thursday it has decided to freeze pay for its employees for 2015, as the world’s No.1 handset maker struggles to bounce back from a slump in its mainstay mobile business that ate into overall profits. A Samsung official earlier told [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics said Thursday that it has bought U.S. mobile technology firm LoopPay, a move apparently aimed at making inroads into the mobile payment technology market against its rival Apple. “Samsung has made efforts to provide safe and convenient mobile payment service,” said Shin Jong-kyun who [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics Co., was relegated to No. 3 in smartphone market share in China in the fourth quarter of 2014, outperformed by U.S. rival Apple Inc., and is being threatened by its Chinese peers who are catching up fast, market data showed Monday. Samsung [...]
SEJONG, Feb. 1 (Korea Bizwire) – South Korea’s antitrust watchdog said Sunday it will be looking at global tech companies that may be abusing their monopolistic control to disrupt fair competition in the local market, a move some insiders say may extend to Google and Apple. “The plan is to check the information technology and [...]
SEOUL, Jan. 29 (Korea Bizwire) — Samsung Electronics Co. set out to reclaim its edge in the handset business that on Thursday revealed its weakest annual earnings in three years for the world’s top smartphone maker, as competition is expected to get fiercer with global rivals in both the high- and low-end markets. The tech [...]
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 [...]
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, Dec. 26 (Korea Bizwire) — South Korean companies saw the lowest on-year sales growth in more than five years in the third quarter of this year as unfavorable currency exchange rates and weakening oil prices hit exporters, central bank data showed Friday, raising concerns over their flagging growth potential. Sales growth at 1,670 local [...]