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Samsung’s Harman Unveils ‘Automotive Intelligence’ Technologies

Samsung’s Harman Unveils ‘Automotive Intelligence’ Technologies

LAS VEGAS, Jan. 8 (Korea Bizwire) — Harman International, a wholly owned automotive and audio subsidiary of Samsung Electronics Co., on Wednesday unveiled its new “automotive intelligence” technologies at CES 2025, aiming to deliver personalized in-cabin experiences through advanced intelligence and contextual awareness. “The automotive industry is rapidly transitioning to software-defined vehicles, with cars evolving [...]

Samsung to Hold Unpack Event for New Galaxy Smartphone in U.S. This Month

Samsung to Hold Unpack Event for New Galaxy Smartphone in U.S. This Month

SEOUL, Jan. 7 (Korea Bizwire) — Samsung Electronics Co. will hold this year’s Galaxy Unpacked event in the United States this month, company officials said Tuesday, where the company is expected to unveil its new Galaxy S series smartphones with advanced artificial intelligence (AI) features. The upcoming event will be held in San Jose, California, [...]

Samsung Electronics Highlights AI-connected Home Appliances at CES 2025

Samsung Electronics Highlights AI-connected Home Appliances at CES 2025

LAS VEGAS, Jan. 5 (Korea Bizwire) — Samsung Electronics Co. said Sunday it will propose Home AI, a hyper-personalized solution combining cutting-edge artificial intelligence and enhanced connectivity, at CES 2025. The South Korean tech giant will run a 3,368-square-meter showroom at the Las Vegas Convention Center, the largest among corporate participants at the annual tech [...]

Samsung Launches AI-Powered Galaxy Book5 Pro in South Korea

Samsung Launches AI-Powered Galaxy Book5 Pro in South Korea

SEOUL, Jan. 1 (Korea Bizwire) — Samsung Electronics announced on Wednesday the release of its AI-enabled PC, the Galaxy Book5 Pro, set to hit the South Korean market on January 2. The new device boasts cutting-edge AI features, designed to enhance productivity and user experience. Equipped with Intel’s Core Ultra Processor Series 2 (codenamed “Lunar Lake”), [...]

Samsung Group’s Market Cap Shrinks by 160 Trillion Won in 2024 amid Semiconductor Slump

Samsung Group’s Market Cap Shrinks by 160 Trillion Won in 2024 amid Semiconductor Slump

SEOUL, Dec. 30 (Korea Bizwire) — Samsung Group, South Korea’s largest conglomerate, has seen its market capitalization plummet by over 160 trillion won this year, marking a significant contraction in its dominance on the domestic stock market. As of December 26, the total market value of Samsung’s 22 listed companies, including Samsung Electronics, Samsung Biologics, [...]

Korean Semiconductor Giants See Lower Expectations for Q4 Earnings Amid Industry Challenges

Korean Semiconductor Giants See Lower Expectations for Q4 Earnings Amid Industry Challenges

SEOUL, Dec. 23 (Korea Bizwire) – The projected fourth-quarter earnings for South Korea’s semiconductor leaders, Samsung Electronics and SK Hynix, have been revised downward as prolonged economic uncertainty weighs on IT demand. A polarized market driven by robust growth in artificial intelligence (AI) chips contrasts sharply with declining legacy semiconductor demand, creating headwinds for the [...]

Samsung Enhances AI Personalization and Data Protection for Galaxy Devices

Samsung Enhances AI Personalization and Data Protection for Galaxy Devices

SEOUL, Dec. 18 (Korea Bizwire) –  Samsung Electronics announced on Wednesday the enhancement of its proprietary AI model, Galaxy AI, and the development of a robust data protection platform. These advancements will debut in the upcoming Galaxy S series, slated for release in January 2025, and are being tested through the One UI 7 beta program. [...]

South Korean Corporate Giants Convene Strategy Meetings Amid Global Uncertainty

South Korean Corporate Giants Convene Strategy Meetings Amid Global Uncertainty

SEOUL, Dec. 13 (Korea Bizwire) – Amid growing geopolitical and economic uncertainties, including escalating U.S.-China tensions and the anticipated inauguration of Donald Trump’s second term, South Korea’s major corporations are conducting high-level strategy meetings to fine-tune their business plans for 2024. Samsung Electronics to Focus on Core Competitiveness Samsung Electronics will host its biannual Global [...]

Samsung to Launch ‘Extended Reality’ Headset Next Year

Samsung to Launch ‘Extended Reality’ Headset Next Year

SEOUL, Dec. 13 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Friday it will launch an “extended reality” (XR) headset jointly developed with Alphabet Inc.’s Google and Qualcomm Inc. in global markets next year. The extended reality headset is part of wearable devices to be powered by the new version of Google’s [...]