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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]
SEOUL, Jun. 13 (Korea Bizwire) — Samsung Electronics Co. has been facing a double whammy of the weak memory chip and smartphone market, as well as uncertainties from a trade war between the United States and China, so it is the right moment for its senior management to discuss ways to deal with the rising [...]
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 [...]
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 [...]
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 [...]