SEOUL, May 15 (Korea Bizwire) — While Samsung Electronics Co. plans to sell refurbished models of the ill-fated Galaxy Note 7 smartphone in the near future, controversies surrounding the troubled model still linger, especially in terms of safety requirements, according to market watchers Saturday. The South Korean tech giant said in March that it plans [...]
SEOUL, May 12 (Korea Bizwire) – Samsung Electronics Co. on Friday opened a new department under its chip division focusing on the foundry business, in line with the company’s efforts to expand its market presence in the area. The foundry business refers to making chip designs for other companies that do not have a semiconductor [...]
SEOUL, May 11 (Korea Bizwire) — Samsung Electronics will exhibit its lifestyle TV “The Frame” at the 57th Venice Biennale opening this weekend in Italy, the tech firm said Wednesday. “The Frame” copies art with a bezel that looks like picture frames, a design concept targeting European consumers who work television sets into home decor. [...]
SEOUL, May 10 (Korea Bizwire) – The home appliance divisions at Samsung and LG thrived in the first quarter of this year, despite Q1 traditionally being an off-season for household appliances, a reversal of fortunes largely attributed to the electronics giants’ premium products. Despite higher price tags for premium electronics, the products help manufacturers boost [...]
SEOUL, May 2 (Korea Bizwire) — Samsung Electronics Co. said it plans to start the full-fledged service of Bixby, an artificial intelligence (AI) program installed in its latest flagship Galaxy S8 smartphones. While Samsung officially released the Galaxy S8 smartphone last month, the Bixby service was still in launch preparations. Through deep-learning technology, Samsung said [...]
SEOUL, May 2 (Korea Bizwire) – Chief executive officers (CEOs) leading South Korea’s biggest businesses receive salaries that are on average 21.9-times higher than those of ordinary employees, a local market researcher said Sunday. According to FN Guide, CEOs at the 30 largest companies in terms of market capitalization, took home substantially more pay than the average worker in 2016, with the gap widening to more than 50 [...]
SEOUL, Apr. 28 (Korea Bizwire) — Samsung Electronics Co. on Thursday ruled out speculation that Galaxy S8 smartphones have faulty displays, claiming the controversial red tint on some devices can be changed by users. During a conference call held after the company released its first-quarter earnings report, Samsung Electronics claimed that the company has conducted [...]
SEOUL, Apr. 28 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will scrap plans to adopt a holding company structure. The tech giant said through a regulatory filing in November that it will seek a change in the management structure, which includes splitting itself into a holding company and an operating company to boost [...]
SEOUL, Apr. 24 (Korea Bizwire) — A continuing supply shortage of the latest smartphone made by Samsung Electronics Co. is leaving many of the early buyers in South Korea without a new phone in their hands, as the tech giant has failed to predict demand and ready stock in time, industry sources said Saturday. Samsung [...]
SEOUL, Apr. 14 (Korea Bizwire) — Consumer response for Samsung Electronics Co.’s latest high-end smartphone, the Galaxy S8, has been better than expected, the company’s mobile division chief said Thursday, with pre-orders for the flagship device surpassing a whopping 720,000 units in just seven days in South Korea, heralding a major hit for the company. [...]