SEOUL, April 29 (Korea Bizwire) — Samsung Electronics Co. retook the top spot in the global smartphone market from Apple Inc. in the first quarter of 2022, data showed Friday. The South Korean tech giant shipped 74 million units of smartphones over the January-March period, up 7 percent from the previous quarter and down 3 [...]
SEOUL, April 29 (Korea Bizwire) — Samsung Electronics Co.’s management and its workers agreed to an average 9 percent pay raise in wages for the year, sources said Friday, ending 11 rounds of negotiations since February. The world’s largest memory chip and smartphone maker reached an agreement with representatives of its employees over wages and [...]
SEOUL, April 28 (Korea Bizwire) — Samsung Electronics Co. on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand. The world’s largest memory chip and mobile phone maker said its operating profit rose more than 50 percent to 14.1 trillion won (US$11.1 billion) year-over-year in a [...]
SEOUL, April 26 (Korea Bizwire) — Samsung Electronics Co.’s Galaxy Z Flip3 Pokemon Edition sold out within minutes of its release in South Korea, tracking the recent runaway success of the Pokemon sticker-bread duo on the company’s home turf, the company’s website has showed. The special edition of Samsung’s popular foldable phone comes with Pokemon [...]
SEOUL, April 22 (Korea Bizwire) — Samsung Electronics Co. said Thursday that plastic parts that the company has recycled from discarded ocean-bound fishing nets, which are used to make Galaxy smartphones, tablet PCs and laptops, are more effective in cutting back on carbon emissions than other kinds of plastic. The life cycle assessment (LCA) results [...]
SEOUL, April 20 (Korea Bizwire) — Samsung Electronics Co. is expanding warranty service for mobile devices in Ukraine following the Russian invasion in February. Samsung’s Ukrainian branch made an online announcement that it will provide long-distance warranty service for smartphones, tablets, smartwatches and other electronic devices in the country. Offline service centers will continue to [...]
SEOUL, April 19 (Korea Bizwire) — Samsung Electronics Co.’s estimate-beating earnings seem not to be enough to calm investors who remain wary over headwinds from rising inflation, rate hikes and geopolitical risks, analysts said Tuesday. Shares of Samsung, the world’s largest memory chip and smartphone maker, have tanked this year, even though the tech giant [...]
SEOUL, April 14 (Korea Bizwire) — Samsung Electronics Co. has hired a supercomputer expert from Intel to lead its systems architecture lab in the United States, sources said Thursday. Samsung hired Robert Wisniewski as a senior vice president and chief architect of high performance computing (HPC) and head of Samsung Advanced Institute of Technology (SAIT) [...]
SAO PAULO, April 12 (Korea Bizwire) — Global tech powerhouse Samsung Electronics Co. said Tuesday it has opened an outlet in Argentina’s southernmost city of Ushuaia. The store, which opened Friday, carries Samsung’s Galaxy S22 smartphone, the Galaxy Watch 4, accessories and other products, according to Samsung’s Latin America Headquarters. Ushuaia, which claims the title of [...]
SEOUL, April 12 (Korea Bizwire) — Samsung Electronics Co. plans to expand its eco-friendly project by using recycled parts for maintenance, as the company decided to use recycled materials for the production of smartphones. The tech giant plans to introduce a new “manufacturer-certified recycled materials program” early this year for all smartphone repairs and provide [...]