SEOUL, Oct. 26 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc., the two major local players in the semiconductor industry, are set to post record-breaking growth in the third quarter in spite of various domestic and international hurdles. Despite the controversy last year surrounding the price of semiconductor chips, which some experts claimed [...]
SEOUL, Oct. 24 (Korea Bizwire) — The settlement process to resolve the dispute between Samsung Electronics Co. and its former employees suffering from work-related illnesses is behind schedule, industry sources said Wednesday, apparently as their mediation committee is still contemplating details on compensation. In July, South Korea’s top chipmaker and an advocacy group representing victims [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korean smartphone makers have released smartphones with three or more rear cameras in line with rising demand from the industry for handsets with premium photography features. Samsung Electronics showcased the Galaxy A9 smartphone earlier this week, which marked its first handset to come with a whopping four rear [...]
SEOUL, Oct. 8 (Korea Bizwire) — Shares of South Korean tech giant Samsung Electronics Co. topped the list of holdings sold off by foreign and institutional investors in 2018, market data showed Monday. During the first nine months of this year, offshore investors sold shares of Samsung Electronics worth 3.56 trillion won (US$3.15 billion), according [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korean tech behemoth Samsung Electronics Co. has seen its brand value spike nearly 60 percent on-year to near 90 trillion won (US$80.1 billion) this year, far outstripping other large companies, industry sources said Monday. Samsung Electronics, the world’s top maker of smartphones and memory chips, topped the recent [...]
SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. on Wednesday declared that it will make investments worth a whopping 180 trillion won (US$160 billion) over the next three years, seeking to effectively overcome various challenges to its business and its relationship with a government that has maintained a tough stance on family-controlled firms. The [...]
SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. is betting on the Galaxy Note 9 to revitalize its sluggish smartphones sales, although it is still uncertain that the upcoming phablet will appeal to customers in the wake of weak demand for the Galaxy S9, industry watchers said Wednesday. The South Korean tech giant’s IT [...]
SEOUL, Aug. 3 (Korea Bizwire) — LG Electronics Inc. profited more for every home appliance sold in the first half of 2018 compared with its bigger rival Samsung Electronics Co., industry data showed Friday. Samsung Electronics posted sales of 20.1 trillion won (US$17.8 billion) over the January-June period for the home appliances segment, above LG [...]
SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has developed a new mobile dynamic random access memory (DRAM) solution optimized for the fifth-generation (5G) network and artificial intelligence (AI) features of smartphones. The South Korean tech giant said it finished the development of the 10nm-class 8Gb LPDDR5 DRAM in April, boasting [...]
SEOUL, Jul. 12 (Korea Bizwire) — South Korean tech giants are expected to showcase new smartwatches within a few months, industry watchers said Thursday, as they seek to catch up with market leader Apple Inc. According to the sources, Samsung Electronics is expected to showcase the successor of the Gear S3 smartwatch around the upcoming [...]