SEOUL, Dec. 21 (Korea Bizwire) — Samsung Electronics Co. took over the top spot in the global semiconductor market by revenue in the third quarter, a report showed Tuesday, on the back of strong memory chip sales. Industry tracker Omdia said Intel, which had been the top chipmaker for 11 straight quarters, slipped to number [...]
SEOUL, Dec. 20 (Korea Bizwire) — Samsung Electronics Co. said Sunday that it had been selected as the official sponsor for Citi Field, the home stadium of the New York Mets in Major League Baseball (MLB) and will supply displays and teschnology solutions. Samsung will supply around 1,300 displays including the stadium’s main screen as [...]
SEOUL, Dec. 19 (Korea Bizwire) — Samsung Electronics Co. has established a special team to spearhead efforts to prop up sales of its mobile phones and electronic devices in the Chinese market, industry sources said Sunday. The new team will focus on mobile devices, consumer electronics and video displays, and will be directly managed by [...]
SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics Co. retained the top spot in the global smartphone market in the third quarter of the year, a report showed Wednesday. The world’s largest smartphone maker held a market share of 20 percent in the July-September period, followed by Apple with 14 percent and Xiaomi with 13 [...]
SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc., South Korea’s two biggest consumer electronics companies, will unveil a slew of innovative products at the upcoming Consumer Electronics Show (CES) set to open early next month in Las Vegas. The two companies are among the approximately 1,700 businesses from around the [...]
SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co. named its newly merged unit for mobile and appliances the device experience (DX) division, the company has said, in a sign of its resolve to provide its customers with new, meaningful experiences. Last week, the tech giant announced it had merged the consumer electronics and IT [...]
SEOUL, Dec. 10 (Korea Bizwire) — Samsung Electronics Co.’s new Vice Chairman and CEO Han Jong-hee will deliver a keynote speech at the upcoming Consumer Electronics Show in Las Vegas next month, the company said Friday, presenting the direction of technological development going forward. Earlier this week, Han was promoted to lead the new SET [...]
SEOUL, Dec. 9 (Korea Bizwire) — Samsung Electronics Co. conducted a sweeping executive reshuffle Thursday, promoting a score of young employees to senior positions. The “merit-based” personnel changes were made to “strengthen leadership positions to continue the company’s sustainable future growth,” the tech giant said in a statement. A total of 198 people were promoted [...]
SEOUL, Dec. 7 (Korea Bizwire) — Samsung Electronics Co. on Tuesday replaced all three CEOs in a surprise move that the company said was intended to enhance competitiveness and promote future growth. Han Jong-hee, who has served as president and head of the visual display business at Samsung Electronics since 2017, was promoted to vice [...]
SEOUL, Dec. 6 (Korea Bizwire) — South Korean retail investors have been snapping up shares of electric vehicle-themed exchange traded fund (ETF) while dumping shares of Samsung Electronics Co. and SK hynix Inc., data showed Sunday. The most-sold stocks by retail investors during the five weeks from Nov. 1 to Dec. 3 were the two [...]