samsung electronics Archives | Be Korea-savvy
Samsung Electronics Sets Record with Over 200 Million Won Average Pay for Board Members

Samsung Electronics Sets Record with Over 200 Million Won Average Pay for Board Members

SEOUL, Feb. 28 (Korea Bizwire) – For the first time, the average annual salary of an external director at Samsung Electronics has surpassed the 200 million won mark, setting a new precedent in the compensation for board members within the company. According to a report by CEO Score, a corporate data research firm, as of [...]

Samsung and Arm Forge Deeper Ties in AI Chip Race

Samsung and Arm Forge Deeper Ties in AI Chip Race

SEOUL, Feb. 22 (Korea Bizwire) – Semiconductor firms worldwide are engaged in fierce competition to secure a leading position in cutting-edge foundry process technology, particularly driven by the surging demand in the artificial intelligence (AI) chip market. Companies are forming strategic alliances with strong partners to enhance their competitiveness in this rapidly growing sector.  Samsung Electronics [...]

Samsung Electronics Unveils its Vision for the New AI Era

Samsung Electronics Unveils its Vision for the New AI Era

LAS VEGAS, Jan. 7 (Korea Bizwire) – Samsung Electronics Co. on Sunday unveiled its ambitious vision for the future of technology, showcasing an array of artificial intelligence-powered innovations and a commitment to sustainability at the upcoming CES 2024. The world’s largest smartphone and memory chip manufacturer will run a 3,934-square-meter showroom at the Las Vegas [...]

Former Samsung Employee Faces Indictment Over Suspected Leak of Chip Technology to Chinese Company

Former Samsung Employee Faces Indictment Over Suspected Leak of Chip Technology to Chinese Company

SEOUL, Jan. 3 (Korea Bizwire) – Prosecutors indicted a former employee of Samsung Electronics Co. on Wednesday on charges of leaking key semiconductor technologies of the tech giant to a Chinese company in return for money, officials said. The Seoul Central District Prosecutors Office indicted the employee surnamed Kim, who formerly served as a department [...]

Samsung Electronics Vows to Prioritize Retaining Its Technological Supremacy

Samsung Electronics Vows to Prioritize Retaining Its Technological Supremacy

SEOUL, Jan. 2 (Korea Bizwire) — South Korean tech behemoth Samsung Electronics Co. on Tuesday announced its strategic priorities for the new year, emphasizing the strengthening of the company’s competitiveness through technological supremacy and adaptability to future changes. In a joint New Year’s message, co-CEO and Vice Chairman Han Jong-hee and co-CEO and President Kyung [...]

Record-breaking Foreign Net Purchases for Samsung Electronics

Record-breaking Foreign Net Purchases for Samsung Electronics

SEOUL, Jan. 1 (Korea Bizwire) –  Foreign investors’ net purchases of Samsung Electronics Co. stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed Monday. Offshore investors scooped up a net 16.7 trillion won (US$12.9 billion) worth of stocks of Samsung Electronics, the world’s largest memory [...]

Semiconductor Shockwaves: Alleged Leak of Samsung’s Core Technology to Chinese Firm Raises Concerns of Industrial Espionage

Semiconductor Shockwaves: Alleged Leak of Samsung’s Core Technology to Chinese Firm Raises Concerns of Industrial Espionage

SEOUL, Dec. 17 (Korea Bizwire) –Just three weeks ago, on November 29, local media reported the independent development of LPDDR5 DRAM by a Chinese semiconductor company, causing a sense of crisis. ChangXin Memory Technologies, a prominent Chinese DRAM semiconductor company, claimed to have independently developed and mass-produced LPDDR5 DRAM memory chips. If these reports hold [...]

Samsung’s “Benz Phone” Revival: Galaxy Z Flip 5 Retro Takes Center Stage in Nostalgic Pop-Up Experience

Samsung’s “Benz Phone” Revival: Galaxy Z Flip 5 Retro Takes Center Stage in Nostalgic Pop-Up Experience

SEOUL, Nov. 3 (Korea Bizwire) – Samsung Electronics’ “Benz Phone” (SGH-E700), a mobile device that gained global popularity two decades ago, has recently regained attention. The Galaxy Z Flip 5 Retro, a limited-edition foldable smartphone that reimagines the Benz Phone, has become a trending topic. The Benz Phone, featuring a built-in antenna for enhanced portability, was [...]

Samsung Electronics’ Q3 Operating Profit Sinks, But Memory Chips Rebound

Samsung Electronics’ Q3 Operating Profit Sinks, But Memory Chips Rebound

SEOUL, Oct. 31 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its operating profit sank nearly 80 percent due to a protracted economic slowdown but its semiconductor business reduced losses on rising demand for premium memory chips. The world’s largest memory chip and smartphone maker logged an operating profit of 2.43 trillion won (US$1.8 billion) [...]

Are Samsung Electronics, SK Hynix Waste Recycling Rates Being Overestimated?

Are Samsung Electronics, SK Hynix Waste Recycling Rates Being Overestimated?

SEOUL, Oct. 12 (Korea Bizwire) – Recent data shows that the waste recycling performance of South Korea’s top two semiconductor companies, namely Samsung Electronics and SK Hynix, is being overestimated due to domestic regulations that diverge from international trends. Local regulations consider the production of heat energy by burning waste as recycling, but some have questioned [...]