SEOUL, Jan. 15 (Korea Bizwire) — The construction of a new semiconductor plant in Taylor, Texas, was going smoothly and will be completed within this year as scheduled, Samsung Electronics chief executive has said. “The construction in Taylor is on track,” Kyung Kye-hyun, co-CEO at Samsung who is in charge of the tech giant’s chip [...]
SEOUL, Jan. 11 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will unveil new Galaxy S smartphones next month in the first in-person Unpacked event in three years after the COVID-19 pandemic disrupted the biannual offline event. The world’s largest smartphone maker said it will hold a Galaxy Unpacked event in San Francisco on [...]
SEOUL, Jan. 11 (Korea Bizwire) — Samsung Electronics Co. is accelerating its move to stay ahead of the rapid changes of the way people consume news and entertainment on TV by enhancing content and services available exclusively on its smart devices, a senior executive has said. As the world’s biggest TV and smartphone maker, Samsung [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Samsung Electronics Co.’s chief executive has said macroeconomic challenges will persist throughout this year, amid sluggish demand, rising materials and logistics costs. “Samsung was dealt a heavy blow with deteriorating external factors, like weaker demand and rising costs,” Han Jong-hee, vice chair and co-CEO at Samsung, said at a [...]
LAS VEGAS, Jan. 7 (Korea Bizwire) — Samsung Electronics Co.’s chief executive officer has said the company was still pursuing a merger deal, even though its efforts have hit a snag. The tech company’s deal-making activities were only “delayed due to various external factors,” Han Jong-hee, vice chair and co-CEO at Samsung, said at a press [...]
SEOUL, Jan. 6 (Korea Bizwire) — Samsung Electronics Co. said Friday its fourth-quarter operating profit likely plunged 69 percent from a year earlier due to sliding memory chip prices as an economic slowdown pummeled demand for IT gadgets and servers. The world’s largest memory chip and smartphone maker estimated its October-December operating profit at 4.3 [...]
SAN JOSE, Calif., Jan. 5 (Korea Bizwire) — Adeia Inc. (Nasdaq: ADEA) (“Adeia” or the “Company”), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Samsung Electronics Co., Ltd., a global leader in the electronics industry, entered into a long-term agreement at the end of last year, [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — Samsung Electronics Co. on Wednesday brought attention to its efforts to make connected and sustainable homes a future way of life. During a press conference held a day before the official opening of the annual CES in Las Vegas, the South Korean tech giant shared its vision to create [...]
LAS VEGAS, Jan. 3 (Korea Bizwire) — There were few big surprises and eye-popping innovations at Samsung Electronics’ media events Tuesday, where its latest home gadgets were on full display ahead of the opening of CES 2023. To be fair, the South Korean tech giant did upgrade existing home appliances with new features, aimed at making [...]
SEOUL, Dec. 30 (Korea Bizwire) — Samsung Electronics Co. announced Thursday a plan to showcase artworks using its lifestyle TV The Frame at the 2022 Union Art Fair, which is currently being held at Seoul Auction’s Gangnam Center in Seoul. This year marks the seventh anniversary of the Union Art Fair, which is a direct [...]