SEOUL, Feb. 6 (Korea Bizwire) — Samsung Electronics Co. has agreed to pay US$150 million to Nanoco Technologies in settlement for a patent lawsuit over a technology used in Samsung’s quantum-dot LED TV, a litigation finance firm for the British company has said. GLS Capital announced Friday the two parties reached the settlement shortly before [...]
SAN FRANCISCO/SEOUL, Feb. 2 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Thursday it will collaborate with Qualcomm and Google to build an ecosystem for extended reality (XR). Samsung announced the partnership at the Galaxy Unpacked event in San Francisco on Wednesday (local time), where it unveiled new Galaxy S flagship smartphones [...]
SEOUL, Feb. 2 (Korea Bizwire) — Samsung Electronics Co. introduced the next line of its Galaxy S flagship smartphones in San Francisco on Wednesday (local time), as the tech giant is facing economic headwinds that compel consumers to postpone discretionary purchases like personal electronic devices. Samsung, the world’s largest smartphone maker, unveiled three models of [...]
SEOUL, Jan. 31 (Korea Bizwire) — Samsung Electronics Co. reaffirmed Tuesday it has no plan to cut investment for this year despite disappointing earning results in the fourth quarter on a slump in demand. While unfavorable market conditions are expected to persist, “on the flip side, this is a great opportunity for us to prepare [...]
SEOUL, Jan. 30 (Korea Bizwire) — Samsung Electronics Co. is accelerating the implementation of an eco-friendly management strategy by establishing a section dedicated to so-called “low-carbon” meals at its in-house restaurant and launching a “PC Off” initiative. According to industry sources, the global tech giant is scheduled to launch “PlanEat Choice,” a dedicated section for [...]
SEOUL, Jan. 23 (Korea Bizwire) — Among the many startups founded and operating in South Korea, TagHive, an education technology company launched in 2017, is distinguished for its founder and CEO Pankaj Agarwal. Pankaj was born in a small town in northern India and studied at the prestigious Indian Institute of Technology in Delhi. He [...]
SEOUL, Jan. 19 (Korea Bizwire) — Global semiconductor revenue grew only around 1 percent on-year last year, a recent report showed Thursday, with the memory chip sector suffering the most. According to tech research firm Gartner, worldwide chip revenue is estimated to have risen 1.1 percent to US$601.7 billion in 2022, a significant drop from [...]
SEOUL, Jan. 17 (Korea Bizwire) – Samsung Electronics Co. said Tuesday it will run dozens of Galaxy Experience Spaces around the world after a product release event early next month. The world’s largest smartphone maker is set to introduce new Galaxy S smartphones in San Francisco on Feb. 1 in the first in-person Unpacked event [...]
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 [...]