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SK Hynix Keeps Low Profile Amid Toshiba Voting Rights Speculation

SK Hynix Keeps Low Profile Amid Toshiba Voting Rights Speculation

SEOUL, July 4 (Korea Bizwire) – South Korean chipmaker SK hynix Inc., which recently joined a global consortium to purchase Japan-based Toshiba Corp.’s memory business, on Tuesday declined to clarify whether the company can exercise voting rights in the newly purchased business. “The negotiations are still under progress, and details are open to change,” an [...]

Samsung Electronics, SK hynix Lead Latest Stock Market Boom

Samsung Electronics, SK hynix Lead Latest Stock Market Boom

SEOUL, June 29 (Korea Bizwire) – Electronics and semiconductors have led the latest stock market boom in Asia’s fourth-biggest economy, data showed Thursday, amid expectations of solid corporate earnings helped by the global economic recovery. Stock prices of Samsung Electronics, SK hynix, and other electronics and semiconductor manufacturers rose 37.32 percent as of Tuesday from the [...]

Samsung Collaborates with Red Bull on Extreme Sports Content

Samsung Collaborates with Red Bull on Extreme Sports Content

SEOUL, June 29 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will showcase video content on extreme sports produced in collaboration with Austria-based Red Bull through its high-end TV products. Under the project named “See the unexpected,” the video will be showcased through its QLED TVs displayed at the company’s shops around the globe [...]

Samsung’s High-Tech Fridge Proves Popular Despite High Price

Samsung’s High-Tech Fridge Proves Popular Despite High Price

SEOUL, Jun. 28 (Korea Bizwire) — Despite its high price tag, Samsung’s new high-end IoT refrigerator is receiving a warm reception from the public, with over two million people participating in a trial event of the state-of-the-art kitchen staple. Samsung’s online event dubbed ‘Smart Experience’, which began on June 15 and ran until last Sunday, [...]

Samsung’s Galaxy S8 Plus Boasts Top Battery Life: Consumer Reports

Samsung’s Galaxy S8 Plus Boasts Top Battery Life: Consumer Reports

SEOUL, Jun. 27 (Korea Bizwzire) — Samsung Electronics Co.’s Galaxy S8 Plus smartphone has the best performing battery compared with other major handsets currently sold in the market, according to a U.S. industry tracker Tuesday. U.S. Consumer Reports said the Galaxy S8 Plus showed the longest battery life compared with its rivals, allowing users to [...]

Samsung Set to Announce U.S. Plant in Time for Moon’s visit

Samsung Set to Announce U.S. Plant in Time for Moon’s visit

SEOUL, June 26 (Korea Bizwire) – Samsung Electronics Co. is expected to announce a plan to build a new production facility in the United States during President Moon Jae-in’s visit to Washington this week, industry sources said Monday. “As Samsung’s plan to build a factory for home appliances is virtually fixed, it is likely the [...]

No Reported Galaxy S8 Battery Problems in 50 days

No Reported Galaxy S8 Battery Problems in 50 days

SEOUL, June 12 (Korea Bizwire) – There have no batter problems reported in Samsung Electronics Co.’s latest Galaxy S8 and the Galaxy S8 Plus smartphones since their launch in April, industry sources said Sunday. The company’s new flagship went on sale on April 21 following the halt of the production and recall of the ill-fated Galaxy Note 7 phablet due to some units catching fire while [...]