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80 pct of Samsung’s 240 tln Won Investment Likely to be Poured into Chips: Analysts

80 pct of Samsung’s 240 tln Won Investment Likely to be Poured into Chips: Analysts

SEOUL, Aug. 25 (Korea Bizwire) — Around 80 percent of Samsung Group’s investment plan of 240 trillion won (US$205.5 billion) is expected to be spent on chips, analysts here said Wednesday, amid its push to bolster technology leadership in the semiconductor market. Samsung, South Korea’s largest conglomerate, announced Tuesday it plans to invest 240 trillion [...]

Samsung to Invest 240 tln Won in Chip and Bio Over Next 3 Years, Create 40,000 Jobs

Samsung to Invest 240 tln Won in Chip and Bio Over Next 3 Years, Create 40,000 Jobs

SEOUL, Aug. 24 (Korea Bizwire) — Samsung Group, the country’s top conglomerate, said Tuesday that its mainstay Samsung Electronics Co. and other affiliates plan to invest a combined 240 trillion won (US$205 billion) over the next three years in a move to secure future growth engines and expand technology leadership in the post COVID-19 era. [...]

Samsung’s Foldable Smartphone Shipments to be Around 7 mln Units This Year: Analysts

Samsung’s Foldable Smartphone Shipments to be Around 7 mln Units This Year: Analysts

SEOUL, Aug. 12 (Korea Bizwire) — Samsung Electronics Co’s foldable smartphone shipments are expected to be around 7 million units this year, about three times more compared to a year earlier, analysts here said Thursday, as its new models come with cheaper price tags even with upgraded features. Samsung unveiled the Galaxy Z Fold3 and [...]

Late Samsung Chairman’s Vast Art Trove Open for Public View

Late Samsung Chairman’s Vast Art Trove Open for Public View

SEOUL, July 21 (Korea Bizwire) — Two national museums simultaneously kicked off exhibitions highlighting works from late Samsung Chairman Lee Kun-hee’s massive art collection Wednesday, allowing the public to take a peek at Korean masterpieces of various eras and formats. “A Great Cultural Legacy: Masterpieces from the Bequest of the Late Samsung Chairman Lee Kun-hee” [...]

Samsung, LG to Provide Paid Vaccine Leave

Samsung, LG to Provide Paid Vaccine Leave

SEOUL, May 12 (Korea Bizwire) — Samsung Electronics Co. and LG Group decided Wednesday to offer paid leave to workers who receive a COVID-19 vaccine shot following health authorities’ recommendation. Samsung’s decision came one day after its labor union requested paid time off for COVID-19 vaccinations. Employees who take a day off to get vaccinated [...]