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Samsung’s Smartphone Recycling Program Wins U.S. Environmental Award

Samsung’s Smartphone Recycling Program Wins U.S. Environmental Award

SEOUL, May 18 (Korea Bizwire) — Samsung Electronics Co.’s “upcycling” efforts to utilize outdated smartphones’ parts to create new products and save materials was acknowledged as one of the major environmental movements in the United States, industry sources said Friday. U.S. industry tracker Environmental Leader recognized the Samsung Electronics’ program as the “Judges’ Choice” for [...]

Samsung Head Lee Jae-yong Visits China

Samsung Head Lee Jae-yong Visits China

SEOUL, May 3 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong’s Wednesday visit to the “Silicon Valley” of China, the special economic zone of Shenzhen in Guangdong Province, has promoted speculation on the visit’s purpose. Some say that Lee may have a specific outcome in mind as his entourage included upper-management officials overlooking Samsung’s [...]

Samsung to Supply Onyx Cinema LED Solution to Latin America

Samsung to Supply Onyx Cinema LED Solution to Latin America

SEOUL, May 1 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it agreed to supply its light-emitting diode (LED) display solution to a major Mexican theater chain last week, speeding up efforts to promote global sales of its premium cinema screen. The company said it signed the agreement with the Mexico-based theater chain Cinemex on [...]

Samsung’s Work Environment Holds No Clues to Workers’ Illnesses: Investigation Team

Samsung’s Work Environment Holds No Clues to Workers’ Illnesses: Investigation Team

SEOUL, April 25 (Korea Bizwire) – An independent investigation committee tasked with checking the work environment at Samsung Electronics Co. said Wednesday that it has found no clear evidence to link the chips and display lines with the illnesses suffered by some workers, although acknowledging there should be continuous studies. After carrying out a three-year probe, the team of experts said it found no critically [...]

Samsung Electronics Operating Profit Hits Record High in Q1

Samsung Electronics Operating Profit Hits Record High in Q1

SEOUL, Apr. 6 (Korea Bizwire) — Samsung Electronics Co. said Friday its first-quarter operating profit is presumed to have set another record by rising 57.58 percent from the previous year, apparently on the back of improved performance by its mobile division, with its chip arm also contributing to earnings. The operating profit was estimated at [...]

Samsung’s Heir Apparent Plans to Make More Overseas Trips: Sources

Samsung’s Heir Apparent Plans to Make More Overseas Trips: Sources

SEOUL, April 4 (Korea Bizwire) – Samsung Electronics Co. Vice Chairman Lee Jae-yong, the heir apparent of the family-controlled conglomerate Samsung, plans to make more overseas business trips down the road to foster new growth engines for the company, industry sources said Wednesday. Lee’s plans to go abroad come as state prosecutors are looking into allegations that Samsung Group actively stamped out any moves to create labor unions among [...]

Samsung Adds Solutions for IoT, Fingerprint Scanning in Foundry Portfolio

Samsung Adds Solutions for IoT, Fingerprint Scanning in Foundry Portfolio

SEOUL, Mar. 21 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has added solutions specialized for the Internet-of-Things (IoT) and fingerprint scanning in its foundry portfolio. The foundry business refers to making chips for other companies that do not have a semiconductor plant. The South Korean tech giant said it started shipping IoT and [...]