SEOUL, July 29 (Korea Bizwire) – Samsung Electronics Co. and CJ Cheiljedang Co., South Korea’s leading food and biochemical company, are the two most sought-after local companies among South Korean college students, a market survey showed Friday. The annual survey of 1,003 college students by job search portal JobKorea said 15.3 percent of the 476 [...]
SEOUL, July 28 (Korea Bizwire) – Samsung Electronics Co. reported its biggest quarterly operating profit in more than two years Thursday, boosted by robust sales of its latest premium smartphone and cost-cutting efforts. The world’s largest maker of smartphones and semiconductors earned 8.14 trillion won (US$7.19 billion) in the April-June period, up 18.06 percent from the [...]
SEOUL, June 26 (Korea Bizwire) – Samsung Electronics Co. of South Korea has been named one of the top-three “dynamic” companies, along with Google and Amazon, a U.S. marketing firm’s survey showed Sunday. IPG Mediabrands, the media holding arm of the New York-based Interpublic Group, has created a new brand measure, called a “dynamic score,” [...]
SEOUL, June 6 (Korea Bizwire) – Change is coming to Samsung, with its latest strategy part of efforts to transform itself into a developer and software-centered company. The company has recently instituted a ‘product ownership system’ in one of its wireless business departments. This pilot system is another portrayal of Samsung’s efforts to shift away [...]
SEOUL, May 23 (Korea Bizwire) – Domestic electronics companies have not been able to escape the slow growth in the IT electronics industry. Total sales at the top 1,000 electronics companies have dropped by 11 trillion won in the past year, and 80 percent of all sales came from the ten ‘trillion-club’ companies. According to [...]
SEOUL, May 23 (Korea Bizwire) – The prolonged economic slowdown and corporate restructuring have pushed some of Korea’s top 100 listed companies to trim their workforces. According to chaebul.com, as of March 2016, the number of employees at 51 of top 100 Korean listed companies had decreased from the end of last year. The total [...]
SEOUL, May 19 (Korea Bizwire) – ‘Mirror, mirror on the wall. Who’s the most beautiful of them all?’ LeeKaJa Hairbis, a Korean hair salon franchise, presented ‘smart mirrors’ from Samsung Display at its newly-opened branch in Jamsil. Customers no longer have to flip through stylebooks, search rigorously for the perfect colors, and wonder about prices. [...]
SEOUL, May 19 (Korea Bizwire) – South Korean chipmakers saw their sales of dynamic random access memory (DRAM) chips drop in the first quarter of the year due mainly to falling prices and increased competition. According to the data compiled by industry tracker DRAMeXchange, Samsung Electronics Co., South Korea’s top chipmaker, logged sales of US$3.97 [...]
SEOUL, May 17 (Korea Bizwire) — South Korea’s top tech giants and mobile carriers promoted their latest technology at the World IT Show (WIS), which opened in Seoul on Tuesday to showcase smart solutions to everyday life. More than 450 technology firms from home and abroad are participating in the annual event scheduled to continue [...]
SEOUL, May 12 (Korea Bizwire) – South Korea’s top tech firm Samsung Electronics Co. maintained its status as the No. 1 player in the Indian smartphone market in the first quarter of the year, data showed Thursday, boasting strong sales from the mid-end segment to long-term evolution (LTE) models. The South Korean firm took up 25.1 [...]