SEOUL, Jul. 19 (Korea Bizwire) — South Korea’s national pension fund has raised its holdings of stocks in Samsung Electronics Co. and SK hynix Inc. apparently to capitalize on the global semiconductor industry boom, market data showed Wednesday. The National Pension Fund held 85.4 trillion won (US$75.8 billion) worth of stocks in 100 companies in [...]
SEOUL, July 18 (Korea Bizwire) – Sales of the Galaxy S8 hovered above that of its predecessor, the Galaxy S7, Samsung Electronics Co.’s mobile chief has said. Koh Dong-jin, who heads Samsung’s mobile business, reportedly said the sales of the Galaxy S8 were 15 percent higher than its predecessor so far during his meeting with [...]
SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it expanded production of new high-performance dynamic random-access memory (DRAM) chips that can be utilized for artificial intelligence (AI) systems. The South Korean tech giant said it kicked off full-fledged mass production of the industry’s first high-performance 8GB High Bandwidth Memory 2 (HBM) DRAM [...]
SEOUL, Jul. 14 (Korea Bizwire) — College students again picked Samsung Electronics as the company they most want to work for, especially males, a tally from a job portal showed Friday. Job Korea surveyed 2,571 students enrolled in universities nationwide, and the results showed 17.7 percent of them wanted employment with the tech titan. Respondents [...]
FREMONT, Calif., Jul. 13 (Korea Bizwire) — Sigma Designs® (NASDAQ:SIGM), a leading provider of Smart TV platforms and IoT devices, announced today that universal HDR chipsets STV7803 and STV7804 will now support HDR10+ . Samsung Electronics recently introduced this new open standard (ST.2094-40) for high dynamic range (HDR) video called HDR10+ that leverages dynamic metadata [...]
SEOUL, Jul. 13 (Korea Bizwire) — Samsung Electronics Co.’s market cap has grown to exceed that of the entire secondary bourse and more than make up for the company’s erased stocks this year, data showed Thursday. The market cap of the tech firm as of the end of trading Wednesday was 362 trillion won (US$316.7 [...]
SEOUL, Jul. 13 (Korea Bizwire) — Samsung Electronics Co. on Thursday introduced the world’s first LED theater solution, which boasts far improved display resolution compared to traditional movie screens. Under cooperation with Lotte Cinema, a major movie chain in South Korea, Samsung said it successfully installed its cinema LED screen. “Based on Samsung’s display technology, [...]
SEOUL, Jul. 10 (Korea Bizwire) — South Korean tech giants are engaging in a fierce competition with mid-end smartphones to grab budget-conscious customers ahead of the launch of their major flagships slated for later this year, industry watchers said Monday. According to industry sources, LG Electronics Inc. is planning to showcase its mid-end smartphone, the [...]
SEOUL, Jul. 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. predicted Friday that its second-quarter operating profit shot up nearly 72 percent on-year to post a record-high quarterly level, apparently helped by the robust performance of its chip business. The stronger-than-expected operating profit was estimated at 14 trillion won (US$12.1 billion), compared [...]
SEOUL, Jul. 6 (Korea Bizwire) — Samsung Electronics Co. on Thursday showcased the refurbished edition of the ill-fated Galaxy Note 7, whose production was suspended last year due to battery issues. South Korea’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — said they will kick off sales of the [...]