SEOUL, May 28 (Korea Bizwire) – Samsung Electronics sold all of its 1,000 Galaxy S6 Edge Iron Man Edition smartphones in less than a day despite a server crash to due to the rush of Iron Man fans seeking the limited-edition device. Samsung officially began selling the Iron Man edition at 10am on May 27 at [...]
SEOUL, May 26 (Korea Bizwire) – Samsung Electronics will accept pre-orders for its Galaxy S6 Edge Iron Man Edition from May 27 in Korea. The electronics giant will limit sales of the special edition to 1,000 units. Motivated by Iron Man’s armor in Marvel’s Avengers series, the limited edition Galaxy S6 Edge draws inspiration from the famous [...]
SEOUL, May 26 (Korea Bizwire) — Cash-strapped South Korea handset maker Pantech said Tuesday it has asked a local court to end its receivership as no viable investors sought to take over the once No. 2 handset maker in the country. Pantech, which was put under court protection August last year, has been on the [...]
SEOUL, May 26 (Korea Bizwire) — South Korean chip giants Samsung Electronics and SK hynix grabbed a record 75 percent share of the global mobile dynamic random access memory (DRAM) market in the first quarter on Samsung’s stellar performance, data showed Tuesday. Samsung, the world’s top maker of mobile DRAMs, took up 52.1 percent of the global market [...]
SEOUL, May 26 (Korea Bizwire) – Cheil Industries and Samsung C&T, two key affiliates of South Korea’s top conglomerate Samsung Group, said Tuesday they are planning to merge by the end of August. “Under the merger agreement, subject to approval from the two companies’ shareholders, Cheil Industries will acquire Samsung C&T by offering 0.35 new [...]
SEOUL, May 22 (Korea Bizwire) – Samsung Electronics, South Korea’s top chipmaker, narrowed its gap with No. 1 global player Intel in chip sales in the first quarter of the year, data showed Friday. Samsung’s chip sales increased 6 percent on-year in the January-March period to US$9.33 billion, the data compiled by industry tracker IC Insights [...]
WASHINGTON, May 18 (Korea Bizwire) — A U.S. court ruled Monday that Apple cannot collect damages from Samsung Electronics for its claims that the South Korean electronics giant copied the overall look and feel of iPhone, a decision expected to lower the US$930 million damages awarded to Apple. The U.S. Court of Appeals for the Federal [...]
SEOUL, May 18 (Korea Bizwire) – Major electronics brands Apple and Samsung saw their shares in the global tablet PC market plunge in the first quarter of 2015, data showed Monday, dented by the rise of Chinese companies tapping deeper into the “white box” segment. U.S. tech giant Apple accounted for 24.3 percent of the global [...]
SEOUL, May 15 (Korea Bizwire) – Samsung Electronics, South Korea’s top smartphone maker, managed to stay on the top 10 list of global tech players this month in terms of market capitalization but suffered a one notch decline from end-2014 apparently due to a plunge in earnings. Samsung ranked No. 10 among other major tech [...]
SEOUL, May 13 (Korea Bizwire) – Smart TV sets are expected to take up more than 40 percent of global TV shipments in 2015, data showed Wednesday, with South Korean firms anticipated to maintain their lead in the market. Sales of smart TVs are expected to reach 97.1 million units this year, up 11.3 percent from [...]