SEOUL, May 12 (Korea Bizwire) — South Korea’s presence in the global market for dynamic random access memory (DRAM) hit a record high in the first quarter of 2015, data showed Tuesday, helped by Samsung Electronics Co.’s efforts to push ahead with its latest 20-nanometer products. The combined market share of Samsung Electronics and its [...]
SEOUL, May 10 (Korea Bizwire) — South Korean tech giant Samsung Electronics said Sunday that its proposal for an ultra-high definition (UHD) television broadcasting technology has been chosen as the candidate for the next standard for the U.S. TV industry. The proposal, submitted jointly with U.S.-based broadcast infrastructure provider ONE Media, has been adopted by the [...]
PYEONGTAEK, Korea, May 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics broke ground on a new chip-production line on Thursday, aiming to further expand its clout in the semiconductor sector amid its ailing smartphone business. The 15.6 trillion won (US$14.4 billion) chip line in Pyeongtaek, some 70 kilometers south of Seoul, is scheduled to [...]
SEOUL, April 28 (Korea Bizwire) — LG Electronics, South Korea’s No. 2 smartphone and home appliance maker, said Tuesday it is considering joining the global partnership for ultra high-definition (UHD) television and digital content, following rival Samsung’s announcement to become a member at the beginning of this year. “We’re looking into joining the UHD Alliance. If [...]
SEOUL, April 25 (Korea Bizwire) — Samsung Electronics, South Korea’s No. 1 tech giant, said Saturday it plans to inject US$5 million into Brazil over the next five years to foster startups there, adding it will also share its business know-how. Under the agreement with the Brazilian Association of Science Parks and Business Incubators, an [...]
SEOUL, April 24 (Korea Bizwire) — Samsung Electronics, South Korea’s No. 1 tech giant, uploaded a poster of a seemingly round watch screen on its website on Friday implying that its next smartwatch’s shape will be circular. The poster, which reads “Get Ready For The Next Gear,” shows what appears to be a round smartwatch, [...]
SEOUL, April 22 (Korea Bizwire) — South Korean chipmaker SK hynix saw its global ranking move up a notch to become the world’s fourth-largest player in the segment in 2014, data showed Wednesday. SK hynix saw its revenue reach US$16.1 billion last year, outpacing Micron Technology by $3 million, the data compiled by IHS Technology showed, narrowing [...]
SEOUL, April 20 (Korea Bizwire) — South Korean tech giant Samsung Electronics held a market share in the global solid state drive (SSD) market that was twice as big as the one held by its U.S. rival Intel in 2014, data showed Monday. Samsung Electronics saw its share in the SSD market reach a whopping 34 percent last year [...]
SEOUL, April 20 (Korea Bizwire) — South Korea’s top portal operator Naver said Monday that its free messaging app Line will be pre-installed on Microsoft‘s soon-to-be-released Lumia 540 smartphone, reflecting its growing popularity around the globe. “The Lumia 540 will be pre-installed with the Line application, although it does not mean that all of the future [...]
SEOUL, April 15 (Korea Bizwire) — Samsung Electronics‘ latest high-end smartphone, the Galaxy S6 Edge, just released last week, is more costly to build than Apple’s iPhone 6 Plus, but its price tag is lower than that of its archrival, data showed Wednesday. The combined production cost, including parts and conversion costs, came to US$290.45 [...]