SEOUL, Apr. 2 (Korea Bizwire) — The battery performance of Samsung Electronics Co.’s Galaxy S9 smartphone trailed behind rival products, industry watchers said Monday, causing consumers to express discontent. According to a report released by industry tracker Strategy Analytics, the Galaxy S9 ranked sixth among the seven premium smartphones checked in terms of battery performance. [...]
SEOUL, Mar. 12 (Korea Bizwire) — A South Korean consortium made up of steelmaker POSCO and battery maker Samsung SDI Co. will invest 57.5 billion won (US$54 million) to build a cathode plant in Chile by 2021, POSCO said Sunday. The POSCO-Samsung SDI consortium beat 12 companies from seven countries to secure the Chilean project, [...]
SEOUL, Mar. 2 (Korea Bizwire) — Local battery makers are rushing to secure a steady supply of cobalt through import diversification and company mergers as the price of the raw material keeps rising, industry sources said Thursday. The international price of cobalt, a core component of batteries used in smartphones and electric vehicles, jumped to [...]
SEOUL, Aug. 9 (Korea Bizwire) — A local court on Wednesday ruled in favor of Samsung Electronics Co. in a class action suit filed by some 1,900 owners of the tech giant’s ill-fated Galaxy Note 7, saying that it is hard to believe their inconvenience in the wake of the recall of the device and [...]
SEOUL, Jul. 6 (Korea Bizwire) — Samsung Electronics Co. on Thursday showcased the refurbished edition of the ill-fated Galaxy Note 7, whose production was suspended last year due to battery issues. South Korea’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — said they will kick off sales of the [...]
SEOUL, Jul. 4 (Korea Bizwire) — South Korea’s two leading battery manufacturers are racing to develop a new type of smartphone power source that can significantly improve safety, industry sources said Tuesday. According to industry watchers, Samsung SDI Co. and LG Chem Ltd. are currently seeking to commercialize solid-state batteries, which use solid-type electrolytes. The [...]
SEOUL, Jun. 27 (Korea Bizwzire) — Samsung Electronics Co.’s Galaxy S8 Plus smartphone has the best performing battery compared with other major handsets currently sold in the market, according to a U.S. industry tracker Tuesday. U.S. Consumer Reports said the Galaxy S8 Plus showed the longest battery life compared with its rivals, allowing users to [...]
SEOUL, May 31 (Korea Bizwire) – SK Innovation Co., South Korea’s top oil refiner, said Wednesday that it plans to spend 10 trillion won (US$8.91 billion) in the battery and other non-refining sectors by 2020 to reshape its business portfolio and nurture new revenue sources. In a regulatory filing, SK Innovation said the investment will [...]
SEOUL, May 30 (Korea Bizwire) – SK Innovation Co., South Korea’s top oil refiner, plans to put more focus on its battery and petrochemical businesses in order to stay ahead of its rivals and secure stable income, its chief said Tuesday. “We will heavily invest in the battery and petrochemicals sectors, thus helping SK Innovation [...]
SEOUL, May 15 (Korea Bizwire) — While Samsung Electronics Co. plans to sell refurbished models of the ill-fated Galaxy Note 7 smartphone in the near future, controversies surrounding the troubled model still linger, especially in terms of safety requirements, according to market watchers Saturday. The South Korean tech giant said in March that it plans [...]