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Samsung Q2 Earnings Beat Estimate on Chip Biz, One-time Gains

Samsung Q2 Earnings Beat Estimate on Chip Biz, One-time Gains

SEOUL, July 7 (Korea Bizwire) – Samsung Electronics Co. on Tuesday expected a stronger than expected second-quarter performance as solid demand for server chips appeared to offset a slump in smartphone sales amid the novel coronavirus pandemic, while one-time gains in the display business also helped push up its bottom line. In its earnings guidance, [...]

Samsung Heir Vows Support for Startups

Samsung Heir Vows Support for Startups

SEOUL, July 6 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong on Monday vowed support for startups in another on-site visit amid global uncertainties. Lee, the de facto leader of South Korea’s top conglomerate, Samsung Group, visited the tech giant’s startup incubation center in Suwon, south of Seoul, and encouraged workers at its in-house [...]

Samsung Releases New Luxury Refrigerator

Samsung Releases New Luxury Refrigerator

SEOUL, July 2 (Korea Bizwire) — Samsung Electronics Co. on Thursday released a new luxury refrigerator highlighting customization features that offers up to 150 combinations in designs and options. Samsung unveiled its New Chef Collection refrigerator under the company’s Project Prism, which aims to reflect consumers’ lifestyles and allows them to personalize the materials, colors, [...]

Samsung to Hire Record Number of Postgraduate Researchers for Chips, AI

Samsung to Hire Record Number of Postgraduate Researchers for Chips, AI

SEOUL, July 1 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it plans to hire a record number of postgraduate researchers this year to secure future technologies in the semiconductor and artificial intelligence (AI) sectors. The South Korean tech giant said it will hire 1,000 postgraduate engineers by the end of this year. Samsung already [...]