SEOUL, Jan. 12 (Korea Bizwire) — Samsung Electronics has expanded its stock-based bonus program to include all employees, ending a rule that had required executives to receive at least half of their performance bonuses in company shares, according to people familiar with the decision. The move comes as Samsung’s share price has surged over the past [...]
SEOUL, Jan. 5 (Korea Bizwire) — Samsung Electronics is moving to embed artificial intelligence across its entire product lineup, laying out a strategy to position itself as an “AI companion” integrated into users’ daily lives. Speaking Sunday in Las Vegas ahead of the opening of CES 2026, Roh Tae-moon, president of Samsung’s device experience division, said [...]
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 [...]