SEOUL, July 15 (Korea Bizwire) – After news of a Chinese state-owned company’s bid to take over US chipmaker Micron Technologies surfaced, Korean semiconductor makers like SK Hynix and Samsung Electronics saw painful losses to their share prices. On July 14, Samsung Electronics declined 3.24 percent to 1,225,000 won, marking the biggest daily loss since May 27, [...]
SEOUL, July 14 (Yonhap) — South Korea’s tech giant Samsung Electronics has won a patent for analyzing body fat through smartphones, an intellectual property organization said Tuesday, which may mark another leap forward in enhancing health care-related features on smart devices. Under the title “Method and apparatus for measuring body fat using a mobile device,” the [...]
Seoul, July 13 (Korea Bizwire) – Information Technology (IT) companies are getting busy before the second half of this year, when the issue of mobile payment systems is expected to come to a head. Samsung Electronics, Google and Naver, three industry powerhouses, are set to launch mobile payment systems that are expected to have widespread influence on [...]
SEOUL, July 13 (Korea Bizwire) — Samsung Electronics is poised to stage another battle with archrival Apple to grab a bigger share of the global smartphone market by releasing devices with wider screens at an international trade show in September, market watchers said Monday. While Samsung has yet to announce the detailed schedule of its next phablet lineup, [...]
SEOUL, July 8 (Korea Bizwire) – Nearly 4 in 5 people in South Korea own a smartphone, making it the country with the fourth-highest smartphone penetration rate in the world, industry data showed Wednesday. Asia’s fourth-largest economy saw its smartphone penetration rate reach 83 percent as of end-March, according to the data compiled by Digieco, [...]
SEOUL, July 7 (Korea Bizwire) – Samsung Pay, the proprietary mobile payment service developed by Samsung Electronics, will be introduced in its home market soon as a beta service. Samsung Card announced on July 6 that it would recruit beta testers for Samsung Pay until July 10. The beta testers will experience the Samsung Pay service [...]
SEOUL, July 7 (Korea Bizwire) — Samsung Electronics estimated Tuesday that its second-quarter operating income fell about 4 percent from a year earlier as weak sales of its newest smartphones fell shy of expectations. Operating profit reached 6.9 trillion won (US$6.13 billion) in the April-June period, down 4.03 percent from the 7.19 trillion won posted a [...]
SEOUL, July 6 (Korea Bizwire) – As the OLED TV market is growing fast with almost 400,000 units expected to be sold this year, LG Electronics is leading the way with an overwhelming share of almost 90 percent. According to DisplaySearch data quoted by the Institute for Information and Communications Technology Promotion on July 5, the OLED [...]
SEOUL, July 5 (Korea Bizwire) — South Korea’s Samsung Electronics ranks as the most reputable technology company in the United States, a report showed Sunday, on the back of its strong products and services appealing to American consumers. Samsung, the world’s largest smartphone maker, has topped such tech peers as Microsoft, Google and Intel in terms [...]
SEOUL, July 3 (Korea Bizwire) – Samsung Group is planning to provide various measures to help overcome the economic recession caused by the outbreak of the Middle East Respiratory Syndrome (MERS). On July 2, the largest business group in Korea announced that it had come up with various plans to boost domestic demand that has been [...]