SEOUL, May 31 (Korea Bizwire) — SK Telecom Co. said Tuesday it will collaborate with Samsung Electronics Co. to release an entry-level smartphone called the Galaxy Quantum 4. The Galaxy Quantum 4 is the fourth model in SK Telecom’s Quantum series of quantum smartphones and is equipped with quantum random number generator (QRNG) chipset. The [...]
SEOUL, May 31 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will introduce a self-repair program in South Korea, mirroring a similar initiative in the U.S. This program will enable consumers to independently repair their Samsung products. The self-repair program covers various products, such as the Galaxy smartphones S20, S21, and S22, the 15.6-inch [...]
SEOUL, May 25 (Korea Bizwire) – Samsung Electronics Co. intends to invest 30 billion won (US$22.7 million) over the next three years to support the establishment and upgrading of smart factories for small- and medium-sized enterprises (SMEs). The company announced on Wednesday that it will launch the Smart Factory 3.0 project, aimed at transforming SMEs’ manufacturing facilities [...]
SEOUL, May 18 (Korea Bizwire) — Samsung Electronics Co.’s sales in China halved in the first quarter due to plummeting semiconductor demand and an increase in domestic parts supply. The world’s largest memory chip and smartphone manufacturer reported a 46.7 percent decrease in China sales for the January-March period compared to last year, amounting to [...]
SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. and LG Display Co. reportedly sealed an organic light-emitting diode (OLED) display deal, rekindling years of speculation over a partnership that is sure to bring in major changes to the TV industry. LG Display will start supplying OLED TV panels to Samsung Electronics as early as [...]
SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. introduced a tactical edition mobile device during its participation in the 2023 Special Operations Forces Week (SOF Week) convention held in Tampa, Florida last week. Derived from the Galaxy S23 and the rugged smartphone Galaxy X Cover 6 Pro, the tactical edition mobile device aims to enhance [...]
SEOUL, May 16 (Korea Bizwire) — Samsung Electronics Co. and the Bank of Korea (BOK) on Monday signed an agreement to advance technology related to the offline central bank digital currency (CBDC) currently under development. In the previous year, Samsung participated in the central bank’s second phase of the CBDC mock test research. As a [...]
SEOUL, May 15 (Korea Bizwire) — South Korean chipmakers are making extensive efforts to develop next-generation memory technology in order to overcome the recession and prepare for the upcoming market upturn. Samsung Electronics Co. recently announced its plans to develop and mass-produce a 128-gigabyte DRAM, which will support Compute Express Link (CXL) 2.0. This will [...]
SEOUL, May 14 (Korea Bizwire) — Samsung Electronics Executive Chairman Lee Jae-yong met with Tesla CEO Elon Musk earlier this week, Samsung said Sunday, hinting at a potential business partnership between the world’s leading chipmaker and the electric vehicle giant. Lee held the meeting with Musk on Wednesday (U.S. time) at Samsung Electronics’ semiconductor research [...]
SEOUL, May 11 (Korea Bizwire) — For the past few years, Samsung Electronics has been the dominant player in the global foldable smartphone market, where early tech adopters have lugged around small tablet-sized phones in exchange for creative dual screen use. Now, the South Korean tech giant is facing its most serious competitor yet — [...]