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Samsung, LG Release Vacuum Cleaners with Upgraded Charging Stations

Samsung, LG Release Vacuum Cleaners with Upgraded Charging Stations

SEOUL, Feb. 5 (Korea Bizwire) — South Korea’s two largest home appliance makers — Samsung Electronics Co. and LG Electronics Inc. — are set to begin their duel in the vacuum cleaner market, industry observers said Friday, as they released new products boasting upgraded charging stations. LG began to sell its new CodeZero ThinQ A9S [...]

Top Court Upholds Guilty Convictions of Samsung Executives in Union-busting Case

Top Court Upholds Guilty Convictions of Samsung Executives in Union-busting Case

SEOUL, Feb. 4 (Korea Bizwire) – The Supreme Court on Thursday upheld the guilty convictions of dozens of former and current Samsung executives accused of sabotaging labor union activities at a subsidiary company in 2013. The court confirmed a 16-month prison sentence for Kang Kyung-hoon, a vice president at Samsung Electronics Co., on charges of [...]

Military to Use Samsung Smartphone-based Combat Information Device

Military to Use Samsung Smartphone-based Combat Information Device

SEOUL, Dec. 4 (Korea Bizwire) — The military will introduce a Samsung smartphone-based combat information device on a trial basis next year that will enable troops to view real-time battle information without relying on communications networks. The Defense Acquisition Program Administration said it has signed a contract with LIG Nex1 Co. to buy the individual [...]

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 [...]