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Samsung Electronics’ Q2 Earnings More than Halve on Weak Memory Chips

Samsung Electronics’ Q2 Earnings More than Halve on Weak Memory Chips

SEOUL, Jul. 5 (Korea Bizwire) — Samsung Electronics Co. said Friday its operating earnings more than halved in the second quarter from a year earlier amid the weak memory chip and handset market. The operating profit was estimated at 6.5 trillion won (US$5.6 billion) in the April-June period, a 56.3 percent drop from a year [...]

Samsung to Publish Webtoon Series to Raise Public Awareness About Semiconductors

Samsung to Publish Webtoon Series to Raise Public Awareness About Semiconductors

SEOUL, Jun. 28 (Korea Bizwire) — Samsung Electronics Co.’s Device Solution Division plans to publish a webtoon series to raise public awareness about semiconductors. Samsung introduced NANO, a new webtoon series on semiconductors, on its official website on Thursday. “We hope to bring semiconductors to the public as easily approachable devices,” said the company. “The [...]

S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

SEOUL, Jun. 19 (Korea Bizwire) – South Korean chipmakers may wish they were undergoing the bottom of the memory chip down cycle in the second quarter before entering a recovery mode later this year, but it seems like they have to deal with unfavorable business conditions longer than expected due to prolonged global trade tension. [...]

Samsung Holds Fan Meeting to Celebrate Release of ‘Park Hang-seo Phone’

Samsung Holds Fan Meeting to Celebrate Release of ‘Park Hang-seo Phone’

SEOUL, Jun. 18 (Korea Bizwire) — Samsung Electronics Co. introduced “Galaxy S10 Plus Park Hang-seo Edition” smartphone on Saturday at the Samsung Showcase located in Vietnam’s Ho Chi Minh City, and held a special fan meeting with the head coach of Vietnam’s national football team. Some 100 guests including coach Park, local football fans, and [...]

Samsung, SK Telecom Join Hands for 6G R&D

Samsung, SK Telecom Join Hands for 6G R&D

SEOUL, Jun. 18 (Korea Bizwire) — Samsung Electronics Co. and SK Telecom Co. said Tuesday they have agreed to work together to upgrade the performance of the commercial 5G network and develop technologies related to 6G. Samsung, which provides end-to-end 5G solutions ranging from modems and chipsets to smartphones, has been providing its equipment to [...]

S. Korean Chipmakers Gearing Up for Fledging Autonomous Vehicle Market

S. Korean Chipmakers Gearing Up for Fledging Autonomous Vehicle Market

SEOUL, Jun. 17 (Korea Bizwire) — For a car to truly drive itself without user control, it needs to be continuously aware of surroundings and make split-second decisions in any situation via the vehicle’s autonomous driving system. As a self-driving car’s system must be based on complex data sets to navigate the road and electronics [...]

Samsung to Launch The Wall Luxury TV in Global Market Next Month

Samsung to Launch The Wall Luxury TV in Global Market Next Month

SEOUL, Jun. 13 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will release the consumer version of its massive, modular MicroLED display, which can measure up to 292 inches, in the global market next month. Samsung introduced “The Wall Luxury” during InfoComm 2019, an audiovisual industry show held in Florida. The screen begins at [...]

Samsung Electronics President Grilled About Accounting Scandal at Biotech Affiliates

Samsung Electronics President Grilled About Accounting Scandal at Biotech Affiliates

SEOUL, Jun. 11 (Korea Bizwire) — Chung Hyun-ho, president of Samsung Electronics, was questioned by prosecutors on Tuesday about his suspected involvement in alleged accounting fraud at the company’s biotech affiliates. The 59-year-old Chung, known as one of the closest aides to Samsung Electronics Vice Chairman Lee Jae-yong, arrived at the Seoul Central District Prosecutors [...]

Samsung to Gain from Huawei’s Troubles: Fitch

Samsung to Gain from Huawei’s Troubles: Fitch

SEOUL, May 27 (Korea Bizwire) — Samsung Electronics Co., the world’s largest maker of smartphones, is expected to solidify its position in the global smartphone market as troubles surrounding China’s Huawei Technologies Co. deepened amid an escalating trade feud between Washington and Beijing, Fitch Ratings said Monday. Google has said it will stop supplying its [...]