SEOUL, Sept. 2 (Korea Bizwire) — Unionized workers of Samsung Electronics Co. sent a letter to Chairman Lee Jae-yong on Tuesday, demanding the company improve the transparency of its bonus system. In a document sent to the de facto head of Samsung Group, workers demanded the adoption of a more transparent bonus evaluation system and [...]
SEOUL, Aug. 21 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has launched its remote customer care service powered by artificial intelligence (AI) technology in more than 120 countries. The Home Appliances Remote Management (HRM) service allows Samsung’s customer centers to remotely access diagnostic data of SmartThings-connected products to provide solutions to resolve issues, [...]
SEOUL, Aug. 7 (Korea Bizwire) — Samsung Electronics is doubling down on its health-focused wearables, unveiling increasingly sophisticated sensor technologies for its Galaxy Watch line—some of which have even been used to monitor astronauts in space. According to the company, its latest model, the Galaxy Watch8, represents the culmination of more than a decade of [...]
SEOUL, July 28 (Korea Bizwire) — Samsung Electronics said Monday it has secured a landmark 22.8 trillion-won (approximately $16.4 billion) contract to supply artificial intelligence semiconductors, in what it described as the largest chip order in its history. The South Korean tech giant declined to name the customer in a regulatory filing, citing confidentiality. But hours [...]
Rival Samsung Falls Short Amid Inventory Pressures, Misses Estimates SEOUL, July 23 (Korea Bizwire) — South Korean chipmaker SK hynix Inc. is expected to post record earnings for the second quarter, driven by surging demand for high bandwidth memory (HBM) chips used in artificial intelligence applications, according to analyst estimates released Wednesday. In a survey [...]
SEOUL, July 15 (Korea Bizwire) — Samsung Electronics Co. maintained its lead in the global smartphone market in the second quarter, supported by sales of its competitively priced Galaxy A models, industry data showed Tuesday. According to the data from market tracker Canalys, Samsung accounted for 19 percent of the global smartphone market in terms [...]
SEOUL, July 8 (Korea Bizwire) — Samsung Electronics reported a dramatic 56% drop in operating profit for the second quarter of 2025, as its once-reliable semiconductor division faltered under geopolitical pressure and intensifying competition in advanced memory chips. The South Korean tech giant announced preliminary earnings of 4.6 trillion won ($3.3 billion) in operating profit [...]
SEOUL, June 8 (Korea Bizwire) — Samsung Electronics has launched an in-house artificial intelligence coding assistant named “Cline” to enhance productivity among its software developers, as the tech giant accelerates its transition toward becoming an “AI-driven company.” According to industry sources on June 8, Samsung recently began a beta rollout of Cline for employees in [...]
SEOUL, June 4 (Korea Bizwire) — Samsung Electronics is gearing up to redefine the foldable smartphone experience — again. In a sleek teaser video released Wednesday on its official Newsroom, the South Korean tech giant offered the first glimpse of its upcoming foldable smartphone, hinting at a refined design that folds like a book and [...]
SEOUL, April 8 (Korea Bizwire) — Samsung Electronics Co. on Tuesday estimated its first-quarter operating profit edged down 0.15 percent from a year earlier but exceeded market expectations on strong sales of its new flagship smartphones. The world’s biggest maker of memory chips expected an operating profit of 6.6 trillion won (US$4.5 billion) for the [...]