Samsung Electronics Co. Archives | Be Korea-savvy
Samsung Reinforces “Club des Chefs Korea” For Innovative Goods

Samsung Reinforces “Club des Chefs Korea” For Innovative Goods

From left are chefs Kang Min-goo, Lim Ki-hak, Kwon Hyung-jun, Yim Jung-sik and Lee Chung-hoo. (Image: Yonhap) SEOUL, April 21 (Korea Bizwire) – Samsung Electronics Co. said Friday a renowned South Korean baker has joined the list of chefs providing one of the world’s leading consumer electronics manufacturer with insight and expertise for the development [...]

Kitchen Appliances Gaining Popularity in Korea

Kitchen Appliances Gaining Popularity in Korea

SEOUL, July 19 (Korea Bizwire) — Many companies within the home appliances industry are expanding their product lines to include more kitchen appliances, as family activities and lifestyle patterns have evolved to take place more in the kitchen rather than in the living room. According to an industry official, the kitchen has transformed to become [...]

Samsung Electronics Discards Seniority Principle to Start ‘Cultural Innovation’

Samsung Electronics Discards Seniority Principle to Start ‘Cultural Innovation’

SEOUL, June 28 (Korea Bizwire) – Samsung Electronics is switching from its current seven-tier rank system to a simpler four-tier scheme. All employees will now address each other by Mr. or Ms., and not their job titles. On Monday, June 27, the company announced a revised HR management plan that focuses on simplifying its rank system [...]

Lotte Focuses on Mobile Payment Platform

Lotte Focuses on Mobile Payment Platform

SEOUL, May 11 (Korea Bizwire) – South Korea’s retail conglomerate Lotte Group is ratcheting up efforts to promote its own mobile payment platform, L Pay, industry watchers said Wednesday, as such services gained popularity over previous months amid the rising number of smartphone users.  Lotte Group chairman Shin Dong-bin was recently quoted as saying by [...]

Samsung, LG Seek Performance Revival via Flagships

Samsung, LG Seek Performance Revival via Flagships

SEOUL, April 7 (Korea Bizwire) – South Korea’s top tech giants are expected to enjoy improved sales from their mobile businesses, industry watchers said Thursday, as their flagship smartphones just released in March are boasting better-than-expected sales at home and abroad. The average daily sales of Samsung Electronics Co.‘s Galaxy S7 and Galaxy S7 Edge smartphones [...]

Samsung Takes Up 68 Pct of Curved-Monitor Market

Samsung Takes Up 68 Pct of Curved-Monitor Market

SEOUL, April 4 (Korea Bizwire) – Samsung Electronics Co. accounted for 68 percent of the global curved-monitor market in the fourth quarter last year, data showed Monday, amid the soaring demand from Internet cafes in China. According to the data compiled by Taiwan-based industry tracker WitsView, the South Korean tech giant stood as the dominant leader [...]

Samsung Expands Presence in Chips, Loses Ground in Handsets

Samsung Expands Presence in Chips, Loses Ground in Handsets

SEOUL, April 1 (Korea Bizwire) – Samsung Electronics Co. saw its global presence in the semiconductor sector advance on-year in 2015, its business report showed Friday, while the shares in the handset segment continued to lose ground. According to the latest data compiled by the South Korean giant, Samsung took up 45.3 percent of the global dynamic [...]