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Samsung’s Research Group Signs Partnership with Local IT Service Firm on AI Tech

Samsung’s Research Group Signs Partnership with Local IT Service Firm on AI Tech

SEOUL, Oct. 29 (Korea Bizwire) — Samsung Electronics Co. said Thursday its experimental research group has signed a partnership with a local IT service firm on artificial intelligence (AI) technologies as the South Korean tech giant tries to expand its presence in human-like algorithm solutions. Samsung Technology and Advanced Research Labs, better known as STAR [...]

Bumpy Road Lies Ahead for Samsung Group Under New Leadership

Bumpy Road Lies Ahead for Samsung Group Under New Leadership

SEOUL, Oct. 28 (Korea Bizwire) — Samsung Group, South Korea’s top conglomerate, has ushered in a new leadership following the passing of its longtime chief Lee Kun-hee, but daunting tasks lie ahead for the tech titan, from a possible governance structure change to fierce challenges from its foreign rivals. Lee, one of most influential businessmen [...]

Samsung Heir May Get Promoted to Chairman Following Father’s Passing

Samsung Heir May Get Promoted to Chairman Following Father’s Passing

SEOUL, Oct. 27 (Korea Bizwire) — Speculation is growing over when Samsung Electronics Vice Chairman Lee Jae-yong would take the position of chairman in South Korea’s largest conglomerate following his father’s death, industry insiders said Tuesday, though the heir has already been recognized as the tech giant’s de facto leader. His father and a longtime [...]

Key Samsung Units Surge as Succession Issue Looms Following Group Chief’s Death

Key Samsung Units Surge as Succession Issue Looms Following Group Chief’s Death

SEOUL, Oct. 26 (Korea Bizwire) — Shares in Samsung Group’s key affiliates closed higher Monday on expectations that they may increase dividend payouts to help the late Samsung chief’s scions secure funds to pay record high inheritance taxes and they may overhaul their governance structures. Samsung Group chief Lee Kun-hee died Sunday at age 78, [...]

Late Chief’s Insights in Chip, Mobile Help Samsung Face Off Global Peers

Late Chief’s Insights in Chip, Mobile Help Samsung Face Off Global Peers

SEOUL, Oct. 25 (Korea Bizwire) — Samsung Group chief Lee Kun-hee, who died Sunday at the age of 78, has been recognized as a figure who led the tech giant to become the world’s leading player in the semiconductor and mobile phone sectors with his unrivaled insights. When Lee first took the helm of Samsung [...]