SEOUL, Sept. 25 (Korea Bizwire) – The third-quarter earnings outlooks for Samsung Electronics Co. and SK hynix Inc., the world’s top two leading chip manufacturers, remain largely grim due to a recent fall in global demand for memory chips, an industry data analysis showed Sunday. According to the analysis by Yonhap Infomax of earnings outlooks [...]
SEOUL, Sept. 23 (Korea Bizwire) — The U.S. International Trade Commission (ITC) said Friday it has opened an investigation into alleged patent violations by Samsung Electronics Co. over outdoor electronics displays. The formal investigation was initiated following a complaint on Aug. 19 by Manufacturing Resources International (MRI), an Atlanta-based manufacturer of outdoor and semi-outdoor digital [...]
SEOUL, Sept. 22 (Korea Bizwire) — British chip designer Arm is the talk of the town — again — in South Korea, as it emerged as Samsung Electronics Co.’s potential merger and acquisition target. Samsung Electronics Vice Chairman Lee Jae-yong said Wednesday that SoftBank Group Corp. CEO Masayoshi Son will visit South Korea next month [...]
SEOUL, Sept. 22 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will provide 5G solutions to America’s largest cable service provider, Comcast, in its latest deal as one of the world’s biggest 5G network services providers. The partnership to supply 5G Radio Access Network (RAN) is aimed at helping Philadelphia-based Comcast to “enhance 5G [...]
SEOUL, Sept. 19 (Korea Bizwire) — Labor unionists of Samsung Electronics Co. are seeking to file a suit against the tech giant over its “peak wage” policy, sources said Monday. Samsung’s biggest labor union has been seeking participants in the legal action on its website since last Thursday. The union has around 6,000 members, some [...]
SEOUL, Sept. 19 (Korea Bizwire) — Samsung Electronics Co. expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research showed Monday. Samsung’s chip revenue for the April-June period came in at a record quarterly high of US$20.3 billion on the back of solid server demand, taking [...]
SEOUL, Sept. 15 (Korea Bizwire) — Samsung Electronics Co. said Wednesday that the Fun Mode included on Galaxy A-series smartphones has been used more than 2.5 billion times worldwide since it was released a year ago. Fun Mode adds augmented reality (AR) lens technology developed by Snap, a camera application developer, to the Galaxy A [...]
SEOUL, Sept. 15 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will try to achieve carbon neutrality by 2050 as part of its efforts to tackle the worsening climate crisis and increase the use of renewable energy. Samsung, one of the world’s biggest manufacturers of electronic devices and semiconductors, said it will try to [...]
SEOUL, Sept. 15 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it had installed its The Terrace outdoor TV at Postojna Cave, a major tourist attractions in Slovenia. Postojna Cave is famous as the habitat of olms, a kind of salamander often referred as ‘baby dragons.’ Samsung displayed the habitat space of olms taken by [...]
SEOUL, Sep. 12 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong has visited key production sites run by Samsung units and other affiliated firms in Mexico as he steps up activities as the de facto head of South Korea’s largest business enterprise. Lee has been visiting the Central American country since last Thursday (local [...]