SEOUL, Oct. 28 (Korea Bizwire) — POSCO and Samsung Electronics Co. will jointly push for the localization of xenon, a key material gas used for chipmaking. Samsung, the world’s largest memory chip maker, has been importing all of the xenon it uses from overseas. The two parties announced on Thursday that they had signed a [...]
SEOUL, Oct. 27 (Korea Bizwire) — Samsung Electronics Co. on Thursday posted a sharp drop in profits for the third quarter, as its main semiconductor business faced major headwinds from weakening memory chip prices and demand. The world’s largest memory chip and mobile phone maker said in a regulatory filing its third-quarter net profit declined [...]
SEOUL, Oct. 27 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it had launched the collection and recycling of waste mobile phones by installing waste mobile product collection boxes dubbed Eco Boxes at its service centers in 34 countries, including the U.S. and Brazil. The tech giant plans to extend the list of countries that [...]
SEOUL, Oct. 13 (Korea Bizwire) — Samsung Electronics Co. on Thursday showcased its latest updates to software and services at an annual tech conference, which it said were aimed at improving overall user experience through technology innovations. At the Samsung Developer Conference (SDC) 2022 in San Francisco, the South Korean tech giant unveiled the upgraded, [...]
SEOUL, Oct. 12 (Korea Bizwire) — During the pandemic era, people worldwide have been sleeping slightly longer while the overall quality of sleep has deteriorated, the South Korean tech giant said Tuesday, citing its recent study. Samsung Electronics Co. conducted a survey of Galaxy Watch smartwatch users worldwide from January 2018 to June 2021, which [...]
SEOUL, Oct. 9 (Korea Bizwire) — Samsung Electronics Co. and SK hynix Inc. of South Korea will strive for smooth business operations in China, in spite of the latest U.S. export controls, on the basis of continued consultations with governments concerned, according to officials of the firms Sunday. The Joe Biden administration announced a set [...]
SEOUL, Oct. 7 (Korea Bizwire) — Samsung Electronics Co. said Friday its preliminary third-quarter operating profit declined by nearly 32 percent from a year earlier, as the company has faced macroeconomic headwinds that weakened consumer demand for electronic devices. The world’s largest memory chip and mobile phone maker said its operating profit for the three [...]
SEOUL, Oct. 6 (Korea Bizwire) – Samsung Electronics Co. is not considering a cut in production of its memory chips despite slowing demand amid concerns over a global economic recession, a senior executive has said. “There is no internal discussion (about a cut in memory chip production),” Han Jin-man, executive vice president and head of [...]
SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics Co. said Wednesday that the number of home electronics devices worldwide connected to its SmartThings platform had exceeded the 10 million milestone as of Sept. 12. SmartThings, released in 2018, is a smart home platform that connects a wide range of Samsung home appliances through Internet of [...]
SEOUL, Sept. 26 (Korea Bizwire) — Personal computers made by Samsung Electronics Co. have dominated the South Korean market for close to an entire generation, data showed Sunday. Market researcher IDC Korea reported that Samsung computers have retained first place in the domestic market for a period of 27 years and six months dating back [...]