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Samsung Logs Record Sales, 4-year-high Operating Profit in Q4 on Solid Chip Biz

Samsung Logs Record Sales, 4-year-high Operating Profit in Q4 on Solid Chip Biz

SEOUL, Jan. 27 (Korea Bizwire) — Samsung Electronics Co. on Thursday reported strong fourth-quarter earnings on robust chip business and brisk sales of consumer electronics. Net profit rose 64.04 percent from a year earlier to 10.8 trillion won (US$9 billion) in the October-December period, the world’s largest memory chip and smartphone vendor said in a [...]

Samsung’s Chipmaking Plant in Xi’an Begins Normal Operation as China Lifts Lockdown

Samsung’s Chipmaking Plant in Xi’an Begins Normal Operation as China Lifts Lockdown

SEOUL, Jan. 26 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its chipmaking facility in the Chinese city of Xi’an has returned to normal as the city has lifted a lockdown. The world’s largest memory chip maker had temporarily adjusted operations at its NAND flash chips manufacturing base late last month following the lockdown in [...]

Samsung Unveils New Mobile Processor with Stronger Graphic Performance

Samsung Unveils New Mobile Processor with Stronger Graphic Performance

SEOUL, Jan. 18 (Korea Bizwire) — Samsung Electronics Co. on Tuesday unveiled an advanced mobile application processor in the latest move to bolster its minimal presence in the global mobile application processor market. Samsung said the new processor, the Exynos 2200, is built on the most advanced 4-nanometer extreme ultraviolet lithography process and is empowered [...]

Samsung Acquires Patent for ‘Multi-foldable’ Technology

Samsung Acquires Patent for ‘Multi-foldable’ Technology

SEOUL, Jan. 18 (Korea Bizwire) — A new path has opened for Samsung Electronics Co. to produce an eye-catching laptop with a foldable display and keyboard. The World Intellectual Property Organization (WIPO), a U.N.’s intellectual property agency, finally approved a patent named ‘multi-foldable electronic appliance’ registered in July last year by Samsung Electronics, according to [...]

Samsung’s New Portable Projector Ready for Smooth Launch with Preorders Sold Out

Samsung’s New Portable Projector Ready for Smooth Launch with Preorders Sold Out

SEOUL, Jan. 14 (Korea Bizwire) — Samsung Electronics Co.’s all-new portable projector, unveiled at the Consumer Electronics Show (CES) last week, has gotten off to a good start, as preorders were sold out at home and abroad, the company said Friday. The new product, The Freestyle, is a light, portable screen and entertainment device, especially [...]

Samsung’s New Portable Projector Popular Among Employees

Samsung’s New Portable Projector Popular Among Employees

SEOUL, Jan. 14 (Korea Bizwire) — Samsung Electronics Co.’s new portable projector The Freestyle is enjoying significant popularity at an online shopping mall for employees only. The new portable projector for which reservation sales began at Samsung FamilyNet employee mall from Tuesday, is available at a price of 690,000 won (US$580), almost half-price compared to [...]

Samsung’s Chip Biz Faces Minimal Impact from Xi’an Lockdown: Analysts

Samsung’s Chip Biz Faces Minimal Impact from Xi’an Lockdown: Analysts

SEOUL, Jan. 12 (Korea Bizwire) — The prolonged lockdown in the Chinese city of Xi’an will have minimal impact on the performance of Samsung Electronics Co., which has a chip fabrication complex there, analysts said Wednesday. Samsung, the world’s largest memory chip maker, temporarily adjusted operations at its NAND flash chips manufacturing base in the [...]

Samsung to Offer Trade-in Credit Even for Used LG Products

Samsung to Offer Trade-in Credit Even for Used LG Products

SEOUL, Jan. 11 (Korea Bizwire) — Samsung Electronics Co. plans to expand the range of trade-in benefits (compensation for used products) from smartphones towards the entire spectrum of Galaxy products, including smartwatches and notebook PCs. The tech giant expanded the scope of the trade-in program that it has implemented for the Galaxy Book Pro laptop, [...]