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Samsung and LG Trade Barbs Over Market Share and Product Features

Samsung and LG Trade Barbs Over Market Share and Product Features

SEOUL, Mar. 18 (Korea Bizwire) – With Samsung Electronics and LG Electronics unveiling their new flagship TV lineups and premium all-in-one washer-dryer combos for 2024, the fierce rivals have engaged in an increasingly acrimonious marketing battle, taking thinly veiled shots at each other’s claims of superiority.  The dispute began when Han Jong-hee, the CEO of Samsung’s [...]

Samsung’s 2024 Bespoke Refrigerators Merge AI with Energy Efficiency and Smart Storage

Samsung’s 2024 Bespoke Refrigerators Merge AI with Energy Efficiency and Smart Storage

SEOUL, Mar. 15 (Korea Bizwire) – Samsung Electronics announced the launch of its new Bespoke refrigerator models on March 14, featuring improved energy-saving capabilities powered by artificial intelligence (AI).  The 2024 Bespoke refrigerator series incorporates a next-generation digital compressor and an AI Energy Mode across all models, designed to reduce power consumption. The next-generation digital compressor [...]

Samsung Salaries Dip, Top Execs Secure Big Payouts Amid Chip Slump

Samsung Salaries Dip, Top Execs Secure Big Payouts Amid Chip Slump

SEOUL, Mar. 14 (Korea Bizwire) – In the face of a challenging semiconductor market last year, Samsung Electronics employees experienced a significant reduction in their average annual salaries, with a reported decrease of over 10% from the previous year. Kim Ki-nam, an advisor at Samsung, emerged as the top earner, receiving a compensation package exceeding 17.2 [...]

Tech Titans Samsung and LG Escalate Robotics Race with Major Investments and R&D

Tech Titans Samsung and LG Escalate Robotics Race with Major Investments and R&D

SEOUL, Mar. 13 (Korea Bizwire) – Amid the rapidly growing global robotics market, fueled by advancements in Artificial Intelligence (AI) and Information and Communication Technology (ICT), tech giants Samsung Electronics and LG Electronics are ramping up their investments and research and development efforts. The robotics sector, which integrates various fields such as AI, semiconductors, optics, telecommunications, [...]

Samsung Electronics Pioneers Eco-Friendly Heating Using Semiconductor Waste Heat

Samsung Electronics Pioneers Eco-Friendly Heating Using Semiconductor Waste Heat

SEJONG, Mar. 13 (Korea Bizwire) – In a novel move towards sustainability, Samsung Electronics is set to utilize the waste heat generated from its semiconductor manufacturing processes for district heating purposes. This innovative approach was solidified through an agreement signed between Samsung Electronics and the Korea District Heating Corporation. The ceremony, held at Samsung’s Hwaseong campus, [...]

Samsung Electronics to Launch Washer-dryer Combo Globally in Q2

Samsung Electronics to Launch Washer-dryer Combo Globally in Q2

SEOUL, Mar. 11 (Korea Bizwire) — Samsung Electronics Co. said Monday it will launch its latest Bespoke AI Combo washer-dryer globally within the second quarter of this year. The Bespoke AI Combo, which combines a 25 kilogram washing capacity with a 15 kg heat-pump drying capability, debuted in South Korea late last month. Within just [...]

Samsung Electronics Develops 36GB HBM3E with 12 Layers

Samsung Electronics Develops 36GB HBM3E with 12 Layers

SEOUL, Feb. 27 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has developed the fifth generation high bandwidth memory (HBM) chips with 12 layers of DRAM chips, helping it lead the booming market for advanced chips. With the industry’s largest capacity of 36 gigabytes (GB), Samsung Electronics said it plans to mass-produce the product [...]