SEOUL, Jan. 28 (Korea Bizwire) — Samsung Electronics Co. is launching a major ‘green’ initiative by pledging to replace all plastic packaging with eco-friendly materials. The consumer electronics giant announced on Sunday that it will now use paper and eco-friendly materials for product packaging, as part of a campaign to address environmental problems surrounding resource [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s leading memory chip makers raked in unprecedented profits in 2018 on strong demand from data centers and smartphones, but they are now bracing for a down cycle caused by a supply glut and slowing global economy, market watchers said Thursday. SK hynix Inc., the world’s No. 2 [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. ranked top in customer loyalty for the second year in a row for its smartphones and televisions in the United States, a New York-based market tracker said Wednesday. Hyundai Motor Co., South Korea’s leading automaker, secured first place in car brand loyalty [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korean chip giants Samsung Electronics Co. and SK hynix Inc. are expected to see their operating profit drop sharply in the first quarter on sluggish demand following a bumper year, industry sources said Wednesday. Bolstered by a “superboom” in the global semiconductor market, Samsung and SK hynix posted [...]
SEOUL, Jan. 22 (Korea Bizwire) — Prices of dynamic random-access memory (DRAM) chips for data center servers are expected to drop about 50 percent this year due to inventory problems, a market tracker said Tuesday. In its latest market report, DRAMeXchange predicted that prices of server DRAM chips will plummet more than 20 percent on-quarter [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korean home appliance makers have showcased their latest lineup of air conditioners with artificial intelligence (AI) capabilities and advanced air purification features to target the premium market, industry sources said Thursday. Industry leader Samsung Electronics Co. unveiled its latest wind-free air conditioners that gently disperse cold air through [...]
SEOUL, Jan. 9 (Korea Bizwire) — It was reported on January 9 that starting this month, Samsung Electronics Co. has decided to replace mobile device displays free of charge in the case of ‘burn-in’. Within one year of the original purchase, customers can have the display on their device replaced. Samsung has been providing free [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Samsung Electronics Co. said Monday it plans to roll out its first fifth-generation (5G) Galaxy smartphone in the United States within the first half of the year. The global tech giant unveiled the ambitious plan during a press conference on its future vision and key business projects for [...]
SEOUL, Jan. 4 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong made a surprise visit to the company’s cafeteria. During the morning of January 3, Lee visited Samsung Electronics’ Suwon plant and attended a ceremony celebrating the opening of a new production line that will produce 5G network communication equipment. His appearance was captured [...]
SEOUL, Dec. 31 (Korea Bizwire) – Samsung Electronics Co. filed the largest number of patents related to self-driving cars in Europe, data showed Monday, far above traditional automobile manufacturers. According to the data compiled by the European Patent Office (EPO), the number of applications related to self-driving cars filed in Europe came to 3,998 in [...]