SEOUL, Dec. 23 (Korea Bizwire) — Samsung Electronics Co. on Friday held an opening ceremony for a research and development center in Vietnam, in what the tech giant said is the largest such facility in the Southeast Asian country set up by a foreign firm. “I expect the R&D center to contribute to Vietnam’s industrial [...]
SEOUL, Dec. 22 (Korea Bizwire) — The performance-based bonuses that Samsung Electronics Co. paid to its employees declined sharply in second-half of this year amid weaker than expected sales resulting from the economic slump, industry sources said Wednesday. Samsung unveiled what it calls target achievement incentives (TAI) based on its workers’ performance, which could be [...]
SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics Co. will present its vision for “sustainable innovation” at the Consumer Electronics Show (CES) next month, its top executive said Thursday, continuing its focus on developing products that are both highly connected and sustainable. As a major technology company, “Samsung Electronics has a responsibility to establish an [...]
SEOUL, Dec. 14 (Korea Bizwire) — Son Heung-min, captain of the South Korean men’s national football team, was presented with a limited-edition smartphone by Samsung Electronics Co. Son, a well-known iPhone user, posted on Instagram photos of the Galaxy Z Flip 4 Maison Margiela Edition that Samsung gave him as a gift. The photo included [...]
SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co.’s smartphone brand Galaxy has been chosen as South Korea’s best brand for the 12th consecutive year, a survey showed Monday. The Galaxy phone earned a brand index reading of 937.6 points out of a possible 1,000 points, according to the survey by Brandstock, a South Korean [...]
SEOUL, Dec. 6 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it is working with internet portal giant Naver Corp. to develop next-generation artificial intelligence (AI) chips, as part of efforts to improve efficiency of processing large AI data. Samsung, the world’s largest memory chip maker, said its cooperation with Naver will create great synergies [...]
SEOUL, Dec. 5 (Korea Bizwire) — Samsung Electronics Co. on Monday promoted a female executive to the president of global marketing for its mobile business, in the first move to tap a female talent, not from its founding family, for the top post. Lee Young-hee was promoted to the president of the Global Marketing Center [...]
SEOUL, Dec. 2 (Korea Bizwire) – Samsung Electronics Co. said Thursday it will expand the application of HDR10+, a next-generation high dynamic range (HDR) video technology, to IPTV and video games. HDR10+, an open standard led by Samsung, refers to technology that delivers more vivid color displays by optimizing the level of brightness and contrast [...]
SEOUL, Nov. 30 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its foldable phone sales to enterprise customers more than doubled over the past year, thanks in part to increased adoption by finance professionals. The number of Galaxy Z Fold and Galaxy Z Flip the company contracted to enterprise customers went up by 105 percent [...]
SEOUL, Nov. 24 (Korea Bizwire) — When Joung Ji-won, the founder and CEO of Algocare Lab, decided to apply for a venture incubator program of Samsung Electronics Co. last year, her startup was in its third year of operation and already recognized for its innovative ideas for personalized nutrition management. Still, she found it challenging [...]