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S. Korean Washers Popular in U.S. Despite Trade Row

S. Korean Washers Popular in U.S. Despite Trade Row

SEOUL, Dec. 15 (Korea Bizwire) — South Korean washers are receiving top-notch reviews from U.S. tech evaluators, industry watchers said Friday, amid actions being taken by Washington’s trade watchdog to slap tariffs on some products. U.S.-based industry tracker Reviewed said in its latest report that LG Electronics Inc.’s washer with the model name LG WM9000HVA [...]

Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

SEOUL, Dec. 14 (Korea Bizwire) — Samsung Electronics Co. is forecast to lose ground next year in the smartphone segment, an industry tracker said Thursday, apparently due to the rise of Chinese manufacturers. Strategy Analytics said Samsung Electronics is expected to post a market share of 19.2 percent in the global smartphone industry in 2018 [...]

S. Korea Maintains Dominance over Global DRAM Market in Q3

S. Korea Maintains Dominance over Global DRAM Market in Q3

SEOUL, Dec. 7 (Korea Bizwire) — South Korean tech giants maintained their strong dominance over the global market for dynamic random-access memory (DRAM) chips in the third quarter, data showed Thursday. According to the data compiled by IHS Markit and other industrial sources, Samsung Electronics Co. accounted for 44.5 percent of the market in the [...]

Samsung Elec’s Induction Cooktop Gets Perfect Score from U.S. Consumer Report

Samsung Elec’s Induction Cooktop Gets Perfect Score from U.S. Consumer Report

SEOUL, Nov. 24 (Korea Bizwire) — Samsung Electronics’ induction electric cooktops received perfect scores from the U.S. Consumer Report, company officials said Friday. A review of cooking appliances being sold in the United States placed Samsung’s 30-inch cooktop at No. 1, ahead of rival models from General Electric and Kenmore, which both received 99 points. [...]

Semiconductor Boom Brings Samsung Employees and Partners Big Rewards

Semiconductor Boom Brings Samsung Employees and Partners Big Rewards

SEOUL, Nov. 23 (Korea Bizwire) – Samsung’s Semiconductor Division is reaping the benefits of a semiconductor boom that has equated to exports increasing by 53.9 percent through Q3 compared to the same period last year. According to a statement from the Ministry of Trade, Industry and Energy on November 15, semiconductors at 16 percent make [...]

Climbing the Ladder at Samsung Brings Wealth and Stress

Climbing the Ladder at Samsung Brings Wealth and Stress

SEOUL, Nov. 20 (Korea Bizwire) – After Samsung Electronics announced the recent promotion of 118 executives to upper management, there has been considerable interest in the various perks allotted to personnel manning these positions. According to figures provided by the financial industry, less than one percent of all Samsung employees are elevated to upper management, and [...]

Samsung to Rank No. 1 in Capital Spending Among Chipmakers This Year

Samsung to Rank No. 1 in Capital Spending Among Chipmakers This Year

SEOUL, Nov. 17 (Korea Bizwire) — Capital spending among chipmakers is expected reach US$90.8 billion this year, an industry tracker said Friday, with South Korea’s Samsung Electronics Co. leading the pact. According to the data compiled by IC Insights, Samsung Electronics’ annual facility investment for this year is estimated at $26 billion, accounting for more [...]