SEOUL, Nov. 6 (Korea Bizwire) — Samsung Electronics Chairman Lee Jae-yong is expected to meet with Mercedes-Benz Group Chairman Ola Källenius in Seoul next week, in what industry officials say could mark a deeper collaboration between the two companies in semiconductors and electric vehicle technology. Källenius is scheduled to attend the Mercedes-Benz Future Strategy Conference at [...]
SEOUL, Oct. 24 (Korea Bizwire) – Samsung Electronics Co. said Friday it has signed a memorandum of understanding (MOU) with SoftBank Corp. to jointly research and develop next-generation communications technologies, including 6G and artificial intelligence-based radio access network (AI-RAN) innovations. Under the agreement, the two companies will collaborate in selected areas to drive future innovation [...]
SEOUL, Oct. 23 (Korea Bizwire) — OpenAI unveiled an ambitious blueprint for its expansion into South Korea on Wednesday, calling for a dual-track strategy that combines the development of “sovereign AI” infrastructure with deeper international collaboration. The plan marks the company’s clearest signal yet that it views South Korea as a pivotal partner in the global [...]
SEOUL, Oct. 20 (Korea Bizwire) — Samsung Electronics has launched a bold new marketing campaign calling out Chinese television makers for misleading consumers with what it describes as “fake QLED” technology — a rare instance of the South Korean tech giant directly confronting its competitors. On October 16, Samsung posted a video titled “Where Is the [...]
SEOUL, Oct. 14 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will introduce a new performance stock unit (PSU) program designed to tie employee compensation directly to long-term corporate performance and stock price gains, in an effort to align employee motivation with shareholder value. Under the plan, Samsung will award shares to employees based on [...]
SEOUL, Oct. 14 (Korea Bizwire) – Samsung Electronics Co. returned to the top spot in the global market for memory chips in the third quarter, data showed Tuesday, after losing the position to SK hynix Inc. in the previous quarter. The combined sales of memory chips by Samsung, including dynamic random access memory (DRAM) and [...]
SEOUL, Sept. 25 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled a platform designed to assess the productivity of artificial intelligence (AI) models in workplace environments. TrueBench will provide businesses with a comprehensive set of metrics to track the productivity of large language models (LLMs) in real-world workplaces, the South Korean tech giant said [...]
SEOUL, Sept. 24 (Korea Bizwire) — Harman International, an audio arm of Samsung Electronics Co., said Wednesday it has completed the acquisition of U.S.-based Masimo’s audio business in a deal estimated at US$350 million. Harman, the wholly owned subsidiary of Samsung Electronics, said the acquisition, which was announced in May, will further expand its business [...]
LONDON, Sept. 12 (Korea Bizwire) — In a kitchen that looked equal parts studio and showroom, the scent of olive oil and roasted eggplant drifted through Jamie Oliver’s culinary space in London. But it wasn’t just the classic Italian dish melanzane alla parmigiana taking center stage. The spotlight was quietly shared by Samsung Electronics, which [...]
SEOUL, Sept. 11 (Korea Bizwire) — Samsung Electronics has emerged as South Korea’s dominant force in artificial intelligence, ranking far ahead of domestic rivals Naver and LG, according to a new industry analysis. Yet even the nation’s top firms remain far behind American and Chinese tech giants in global AI competitiveness. The study, released Tuesday [...]