SEOUL, Jan. 14 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will acquire U.S. network service provider TeleWorld Solutions (TWS) Inc. to better provide 5G infrastructure and solutions. Under the deal, TWS will be a wholly owned subsidiary of Samsung Electronics America Inc., according to the South Korean tech giant. Samsung didn’t reveal the [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Samsung Electronics Co.’s new robotic ball unveiled at the Consumer Electronics Show (CES) in Las Vegas, Nevada, is not a robot but an “interactional device,” since it can provide a better connected experience to users by controlling other smart electronics, a company executive said Tuesday (local time). Kim [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) – Samsung Electronics Co. on Monday unveiled its new vision highlighting human-centered solutions as the South Korean titan introduced its latest achievements in future technologies like robotics, artificial intelligence (AI), 5G and internet of things (IoT) ahead of the Consumer Electronics Show (CES) here. Kim Hyun-suk, president and CEO [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co., said Sunday it will unveil upgraded 5G, artificial intelligence (AI) and Internet of Things (IoT)-powered products at the upcoming tech expo here to highlight its vision of an “intelligently connected” world. The South Korean tech titan boasts the largest booth among [...]
SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Co. said Friday it shipped more than 6.7 million Galaxy 5G smartphones last year, solidifying its top dog status in the global 5G handset market. With solid shipment performance, Samsung said it accounted for 53.9 percent of the global 5G smartphone market as of November 2019, citing [...]
SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Co., the world’s largest producer of memory chips and smartphones, is expected to see its earnings improve this year after bottoming out in the fourth quarter of last year, on the back of a recovery in the global chipmaking sector and a low base effect, analysts said [...]
SEOUL, Jan. 3 (Korea Bizwire) — South Korea’s top two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — will lock horns in the field of artificial intelligence at the upcoming tech expo in the United States, industry observers said Friday, as they pin high hopes on the products powered by human-like algorithms. [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korea’s top two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are set to introduce TVs with new form factors at the world’s biggest tech expo next week as they continue to up the ante to lead the global TV market, industry sources said Thursday. [...]
SEOUL, Jan. 1 (Korea Bizwire) — A power failure at a Samsung Electronics factory disrupted production of semiconductors on Tuesday, industry sources said. They said the power outage that lasted about a minute at the factory in Hwaseong, about 60 kilometers southwest of Seoul, brought production of DRAM and NAND flash chips to a stop. [...]
SEOUL, Dec. 31 (Korea Bizwire) — Global chip supplier Samsung Electronics Co. was the most favored stock by foreign investors this year, while Hyundai Motor Co. was the target of a foreign selling binge, data showed Tuesday. Offshore investors, who were net sellers in 2018, net bought 1 trillion won (US$836.9 million) worth of local [...]