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 [...]
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 [...]
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 [...]
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 [...]
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) [...]
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 [...]
SEOUL, Sept. 22 (Korea Bizwire) – The Korea Fair Trade Commission (KFTC) has ruled that the U.S. semiconductor company Broadcom acted unfairly by forcing unfavorable long-term contracts (LTAs) on Samsung Electronics and disrupting the supply of smartphone components. As a result, the KFTC has provisionally imposed a fine of 19.1 billion won on Broadcom’s U.S. headquarters. [...]
SEOUL, Sept. 5 (Korea Bizwire) — In the global premium TV market, Samsung Electronics Co. and LG Electronics Inc., two major players, have long engaged in a competitive battle for supremacy at IFA, the world’s largest consumer electronics and home appliances trade show, widely seen as the annual “TV battleground.” Their rivalry has manifested in [...]
BERLIN, Sept. 4 (Korea Bizwire) — Samsung Electronics Co. is working to add generative artificial intelligence (AI) features to its home appliances next year, an executive vice president has said at the IFA tech trade show in Berlin, to improve the homelife of each user. “We are preparing to apply generative AI technologies to our [...]
BERLIN, Sept. 3 (Korea Bizwire) — Samsung Electronics Co. will continue to develop Micro LED technology to maintain its leading position in the premium TV market, a TV executive has said at the IFA tech trade show in Berlin. “We see Micro LED as our strategic display panel of the future,” Chung Kang-il, vice president [...]