samsung electronics Archives | Page 17 of 146 | Be Korea-savvy
Samsung’s Investment in Rainbow Robotics Sparks M&A Resumption Speculation

Samsung’s Investment in Rainbow Robotics Sparks M&A Resumption Speculation

SEOUL, March 21 (Korea Bizwire) — Samsung Electronics Co.’s acquisition of additional shares in robot developer Rainbow Robotics is igniting interest on whether it will resume large-scale merger and acquisition (M&A) initiatives, which have been halted for about six years. The South Korean tech giant can become the largest shareholder of Rainbow Robotics depending on [...]

Samsung in Talks with Kakao for Integration of Mobile Payment Services

Samsung in Talks with Kakao for Integration of Mobile Payment Services

SEOUL, March 14 (Korea Bizwire) — With Apple Pay’s imminent launch in the South Korean market, Samsung Electronics Co. is pushing to join hands with Kakao following its earlier partnership with Naver Corp. According to industry sources, the tech giant is now in talks with Kakao Corp. to mutually integrate mobile payment services between Samsung [...]

Steep Decline in Construction Jobs Around Samsung’s New Chip Line amid Slump

Steep Decline in Construction Jobs Around Samsung’s New Chip Line amid Slump

SEOUL, March 13 (Korea Bizwire) — The global downturn in the chip industry is cooling down the temporary labor market around Samsung Electronics Co.’s semiconductor campus in Pyeongtaek, 65 kilometers south of Seoul, which is now under construction. The population of Pyeongtaek stood at 573,987 last year, rising by 27.5 percent over seven years from 450,532 in 2015 [...]

Samsung Launches Trial Distribution of Visual Aid Solution for Visually Impaired People

Samsung Launches Trial Distribution of Visual Aid Solution for Visually Impaired People

SEOUL, March 8 (Korea Bizwire) — Samsung Electronics Co. has launched the trial distribution of its visual aid solution for visually impaired people. The solution, named Relumino, is a device that acts as a visual aid to visually impaired people with residual vision. This device was developed by Samsung’s in-house venture incubator program C-Lab. Relumino [...]

Samsung’s Chip Inventory Up 77 pct Last Year amid Slump

Samsung’s Chip Inventory Up 77 pct Last Year amid Slump

SEOUL, March 7 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chipmaker, saw inventory held by its chipmaking division shot up 76.6 percent last year amid weak demand for chips around the globe, its annual report showed Tuesday. According to the report, its chipmaking unit’s inventory reached 29.06 trillion won (US$22.3 billion) at [...]