SEOUL, Nov. 14 (Korea Bizwire) – Samsung Group shares, long considered a cornerstone of South Korean investing, continued their downward trajectory as foreign and institutional investors led a significant selloff, while retail investors moved to buy the dip. Market analysts suggest that despite current undervaluation, a quick recovery appears unlikely. On November 13, Samsung Electronics closed [...]
SEOUL, Nov. 1 (Korea Bizwire) – Two South Korean technology giants have secured spots on TIME magazine’s prestigious “Best Inventions of 2024″ list, highlighting the country’s continued dominance in consumer electronics innovation. Samsung Electronics announced on October 31 that its 2024 Neo QLED 8K television and Music Frame speaker were recognized in the Consumer Electronics and [...]
SEOUL, Oct. 30 (Korea Bizwire) – With the U.S. presidential election just a week away, American protectionist policies appear to be intensifying, creating complex calculations for South Korean companies trying to maintain their competitive edge in a rapidly evolving global market. While U.S.-China tensions are expected to continue regardless of who wins, the candidates’ divergent approaches [...]
SEOUL, Oct. 28 (Korea Bizwire) – Major South Korean electronics manufacturers are preparing to enter the rapidly growing food waste disposer market, currently dominated by small and medium-sized enterprises. According to industry sources on October 27, LG Electronics recently concluded a pilot program for its food waste disposer in collaboration with the city of Ansan in [...]
SEOUL, Oct. 21 (Korea Bizwire) – Samsung Electronics has reported a significant increase in sales of its ultra-large televisions, indicating a shift in consumer preferences towards bigger screens regardless of living space constraints. According to data released by Samsung on October 20, sales of TVs 80 inches and larger have grown by approximately 15% in the [...]
SEOUL, Oct. 16 (Korea Bizwire) – As Samsung Electronics grapples with an earnings shock in its third-quarter results, the company’s Mobile eXperience (MX) and Networks (NW) divisions have managed to remain profitable, earning praise for their resilience. However, the tech giant now faces a critical decision that could significantly impact its future smartphone offerings and bottom [...]
SEOUL, Oct. 14 (Korea Bizwire) – The familiar “Settings” menu, long a staple of smartphone interfaces, may soon become a relic of the past on Samsung Galaxy devices. This shift reflects a broader trend in the digital manufacturing industry, where artificial intelligence (AI) is increasingly being used to interpret and execute user intentions without explicit commands. [...]
SEOUL, Oct. 4 (Korea Bizwire) — Samsung Electronics Co. has started offering popular Korean entertainment content in the United States via its smart television application through partnerships with South Korean entertainment giant CJ ENM Co., according to the company Friday. Samsung Electronics said it has started offering nearly 4,000 hours of free-to-stream Korean shows and [...]
SEOUL, Sept. 23 (Korea Bizwire) – Samsung Electronics has announced a strategic partnership with IKEA to integrate the Swedish furniture giant’s smart home devices into Samsung’s SmartThings ecosystem, marking a significant step towards a more unified smart home experience. According to Samsung’s newsroom on September 22, this collaboration will enable users to control IKEA’s smart devices, [...]
SEOUL, Sept. 19 (Korea Bizwire) – In a milestone for consumer technology in space exploration, Samsung Electronics announced on September 18 that its Galaxy Watch5 was utilized in a body composition monitoring study during the Polaris Dawn project, the first-ever civilian spacewalk mission. The study, led by the University of Hawaii Cancer Center, aimed to monitor [...]